I have a past due debt and Collector called me (collector is calling from a law firm), they want to set up a payment plan with me, but the amount they are asking per month is too much. I told them the amount I can afford to pay per month and they said it’s too low. They are asking for atleast $100 but I can only afford $30 per month due to other outstanding bills. I am only making enough to pay some bills and I have been getting a pay day loan every pay day just to get by. My hours at work have been cut and I can’t afford a baby sitter for my 1 yr old so I can’t work full time. Well, the collector said that if we can’t agree on a payment then they will have to resort to something else. Can’t remember what he said but from what I understand is that some legal action will take place. I don’t understand why they can’t just accept what I can give them. He’s also asking for a lump sum but i can’t give him a lump sum more than $50 right now, my car is broken i have to find a way to get that fixed too! Can someone give me advice, I want to pay this debt off, I know I owe it, but cannot give them more than $30 per month, I have a baby to feed, can’t even afford rent! I’m really broke I don’t know what to do I don’t want to get sued, can they sue me if they refuse to accept my offer?
I checked the law firms website, looks pretty legit, his name is Marvin S. C. Dang, got his resume and everything…didn’t speak to him but someone else that works there. They specialize in this stuff…does this mean anything? Do They have any control or should I go thru a debt settlement company? I check the statues of limitation in my state and it has not expired yet.