Ok so I messed up near my finances? I currently owe about 10,000 in credit cards and arranged to

I currently owe about 10,000 in credit cards and arranged to go through Debt Settlement of America last January. One of the credit cards from Bank of America have filed a suit to me. I have proof that I am next to DSA and am suppossed to appear in court next Wednesday I am going to try to contact DSA and the Attorney but can some one please recommend me on more steps i need to take or what i should do. I am extremely agitated. I do know i have to pay up but I am currently redundant and trying to work on my Master's degree so no money. DSA only help yourself to 56.00 out a month and BOA will get there money within a couple of years. Thanks ahead of time.

We all mess up at some point or other near our finances, for one reason or another. That is one way that we swot up not to make the same mistakes over and over, again. I believe that you enjoy found out now that credit cards are a big financial trap, and that we cannot win with using them surrounded by the wrong way. It sounds like one of the companies that you owe is planning to wallet a judgment against you. There are worst things that can happen to you contained by life. Good Luck in getting final to even, again, and stay away from the credit cards. Work on paying cash on what you need; by doing so you stockpile the huge interest charges that credit cards charge.

Good luck! Seems like you get your self really deep on this one.

Answer:
I have heard horror stories roughly how some of these credit counselling and debt settlement places have screwed up peoples' credit even worse. One of the things that I have hear happens is that the debt counselling outfit takes the money but does not pay packet the creditor. There is nothing they can do for you that you cannot do yourself. All it does is spare you the necessity of talking tothe creditor, but if you do that a few times you will find it is not so impossible. If you call Bank of America you might find they have received zilch from DSA, no notice, no payments, no nothing.

Your best bet would be to contact the creditor now, which is what you should have done even before you be late with your first donation. I get paid irregularly and sometimes my mortage allowance gets right up to the 30 day constraint. What I have done is made a practice of calling the bank even earlier they know my payment will be late (there is a big difference between "late" and "delinquent"... overdue is not so bad, but delinquent gets a black spot on your credit report). Now when I name the girl in collections at the bank and explain to her not to worry she just laughs and we kid about it. I have be calling them for the past 3-4 years every time my money is slow coming in, and immediately it there really is a problem I have without a doubt she will do whatever can be done to help things out.

The valid key here is to call your creditors adjectives the time. Let them get to know you and have a dictation of you calling all the time. Most people do not do this, so if you do it will be something different for them and it will form a postive impression. Even though you may not have call them in the past, start in a minute. You will find they are willing to help. Bad things transpire sometimes and it does not get better by ignoring it. You can put together your own deals; DSA cannot do any better than you can. You need to nickname bank of America and verify whether or not they have received any transmittal. Do it now.

I have be through all this stuff so I know what I am talking in the region of. My credit score now is capably up in the 700s.

Using a debt settlement company does not shield you from legal action by a creditor. Most creditors would a bit you settle directly with them so that they would receive more money without you paying fees for a service.

If you are facing this doings, then I would demand that the debt settlement company relieve negotiate a delay in lawsuit. It sounds close to that is unavoidable however given the short concentration on your lawsuit. Make sure that you attend the court session and be prepared to defend yourself. In addition, you may yearning to contact the plaintiff and see if they will accept alternative arrangements to avoid court. I would do this only after contacting your debt settlement company.