Letter in mail

[drowningNdebt]

I just recieved a letter from USAA stating that action will be placed within 30 to 60 days against me if I do not try and submit a payment for my loans with them. However, I can't. The letter was pretty brutal but it stated the accounts would be charged off and I may loose my online access and USAA services. I only have $700 saved up for an attorney and need $1900 with all fee's for the BK. Is this a letter I should be worried about?

Also, I had used a public defender awhile ago and owed them $75 dollars. I recieved a letter today stating they placed a lien on me and gave me an address to submit payment. Should I just pay this or can this be discharged as well?

I'm so worried now

[JRScott]

Have you talked to your lawyer about the possibility of a payment plan. Many offer payment plans and assist in talking with creditors until filing.

On the threatening letter I got a lot of those before they actually did anything. I think it was a year between the time the first threatened to sue and one actually did. (might of been slightly more than a year).

If you can afford the 75 dollars I'd just pay it.

[drowningNdebt]

well im filing in May so another month and a half. The letter from USAA indicated it would be 60 days from notice of the letter that they will do anything. I think the first thing is that they will charge the debt off, stop my online access like the letter indicated. I will be retaining an attorney in the next 2 weeks.

[eddiep]

drowningndebt
One bit of valuable information I have gotten from this site is to make sure you protect your cash assets. Make sure you do not have your money in the same bank that you have the debt with. How long has it been since you made a payment?

[drowningNdebt]

That's an excellent piece of advise! Thanks! It's going on 5 months in march since last payment on all my debts. My car is current and never late as I plan to reaffirm it. I'm thinking of securing my attorney in March and filing in May.

[dingdong]

Be sure to print as any statements as possible before your online access is disabled, in case you need them for the Trustee.

Many filers have had trouble getting statements from CC companies once they default or file BK

[eddiep]

Sounds like I am 30 days ahead of you, six months no payments and I am filing in April. I retained a lawyer with half down and have given all my creditors his name and number. so far so good, no aggressive legal action from any of the creditors yet. My lawyer said to relax, it would take them too long to serve me and get the judgement so it sounds like I am out of the woods. Keep an eye on the court docket in your area, you can do a google search for it, but unless they have already filed a lawsuit against you that you are unaware of, it would probably be too late to get a court date before your bk case is filed. Tons of calls, but I am sure I don't have to tell you that! but it has slowed down since we gave them the attorney's name.

[xboxfan]

USAA will certainly cut off your online access. They did that to me, but restored it a few days after my credit report showed my BK filing. If you have your auto insurance with USAA, make sure that you print off your auto policy declarations page before they disable your online access. If you call to ask them to send it to you, you will need to go through 2 phone transfers and then they will start asking you questions about why you need your declarations page. Save yourself the hassle!

[drowningNdebt]

Just curious is to why I would need my insurance declaration page for my car insurance? I will print out all the statements from the CC websites tomorrow. However, I still recieved them in the mail. If I retain my lawyer now would it be ok to tell the creditors I'm filing BK?

[chicklet]

Just do it !!!

Hi,
I went for a free atty consultation about a large credit card sueing me, he in turn talked me into chapter 13. I gave him about $100, immediately stopped all creditors that minute, and the lawsuit dead in its tracks.. The trustee has been paying my atty out of my monthly payment.. I had read the rules before that if you dont have the money even for the credit counseling class you can add it into your plan.. so I suggest you check into that.

[chicklet]

P.s.

I dont think you can put any kind of debt owed to the court/legal system in the plan. Im pretty sure Ive read that in the bankruptcy rules.

[EricaCallaha]

Even if you retain a lawyer now....DO NOT tell your creditors that you are filing for bankruptcy. This tends to worsen the intimidation process. Instead, you will be referring all calls to your lawyer.

Here is exactly what you say..."You need to contact my attorney Mr.XXXX at 555-555-5555." THAT'S ALL. If they pester you, just keep repeating or simply hang up. When you have filed you will get a case number and then anyone else who calls...tell them the above and your case number. Pretty soon all calls will stop.

I would also pay the $75. It is a small amount and if you ever need service from the public defender again it will show good faith.

Good luck and remember to breathe.