Questions on creditcards???HELP?
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Okay-Please no rude answers as you dont know the whole story of how this happened-Im 20 yrs old i ended up getting into about $13,000 dollars of credit card debt (after an emergency medical surgery) and also that is after like $2000 of interest. I wasnt able to pay on the bills and cant make the minimum payments. I have been out of the house for almost 2 years and one creditor is saying that they will get my parents in trouble they even call thier house.....but i dont understand how they can......the only thing they co-signed for is my car loan. And it is current...never late...so how can they getmoney from my parents when i dont live with them and financially other than my car(which im turning over to them and taking my name off of it) how could they get in trouble???
Thank you for those that are helpful!
Questions on creditcards???HELP?In a 2004 news bulletin posted by the Better Business Bureau (see link below)...
According to the Fair Debt Collection Practices Act, collection agencies are forbidden from contacting someone before 8 a.m. or after 9 p.m. They also may not use obscene language or make threats of violence or harm. In addition, if told in writing, the collector must cease all contact with you, except to inform you that they will not contact you in the future or to notify you that the collector or creditor intends to take a specific action. Within five days of contacting you, a collection agency must send a written notice telling you how much money is owed, the name of the creditor to whom the money is owed and what to do if you believe that you do not owe the money in question.
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