I recently met with a wonderful person about their financial situation. This person is elderly and while they owe about $20,000 in credit card bills, it might as well be $200,000.00 based on their fixed income.
This potential client didn’t have any assets to speak of in terms of a house or car. So I told them to stop paying the bills.
The potential client became very upset.
“They’re going to put me in jail!” the prospective client cried.
Creditors Can’t Collect You
No, they are not. You will not be put in jail.
There is no such thing as debtor’s prison in our great country. Yes, it is true that in a very few places in our country this has happened, but it was not because of credit card bills or personal loans. It was because of fines and, sometimes, taxes, particularly the failure to file a required tax return. Lying to the Court about your financial situation and assets can get you in some deep trouble as well.
What can creditors do to collect their money? They can, if they wish, take you to Court, and they can try to collect their money, but they cannot collect you.
We Can Help
That being said, why worry about this stuff when all you have to do is to call us at Steidl and Steinberg? We will look at your entire financial situation and let you know what we think should be done about it. We can guide through the process of dealing with your financial problems and the creditors who are sending you bills. And it’s free.
You don’t need to be concerned about collection calls or letters. You don’t have to worry about getting harassed throughout the day by persistent bill collectors. Let’s see what we can do to get you out of this mess.