Can Collection Creditor request verification of employment

[thereshope]

I received a letter in the mail from a credit card company that I owe. I stopped paying them months ago as cash and resources ran out. I called them last week after they left me a vm and advised that I wasn't able to pay them. When I talked to them on the phone they indicated they would look for assets, which I'm not worried about.

Today I received a letter in the mail stating that they are in the process of verification of my employment status. I'm just wondering if it's just a ploy to scare me into paying. Has anyone encountered a similar situation?

I'm trying to hold out from filing for a few more months due to some large bank withdrawals (around $2K) and cc cash advances ending last August. They were were used as a business investment to a company neither were loans. I contacted a debt management company before considering bk but because of the amount of unsecrured debt that I have, they recommended that I speak to a bk atty. The atty I spoke to told me I was a good candidate due to my financial situation.

[walkthaplank]

Don't talk to them. If they want to verify your employment, they can get a subpeona. (no they won't).

They are just messing with you. Talk with a few more lawyers, if you are planning to file, pay a retainer to a lawyer and start giving out his phone number and let the lawyer deal with them. Any time they call you after that, just tell them that your lawyer won't let you talk to them and give them the lawyer's info again before you end the call.

[thereshope]

Thanks for the response.

It's the original creditor so I wasn't sure if they had to get anything to verify my employment. The atty that I spoke with wanted to much money up front before he would even represent me. So I need to find someone that will retain me and allow me to make payments.

[bk4sky]

yeah you don't have to give them that info!

and thats messed up your atty wanted everything up front, yeah you should def look for a diff atty. My atty was very understanding and let me do monthly payments and i had to call and ask him 2 different times if i can skip the month because things came up and he had no problem with it.

[walkthaplank]

Many lawyers will take a small retainer fee and let you give out their info to your creditors, but won't file until you've paid in full.

Shop around, talk to several lawyers until you find one you are comfortable with.

[Flamingo]

I received a letter in the mail from a credit card company that I owe. I stopped paying them months ago as cash and resources ran out. I called them last week after they left me a vm and advised that I wasn't able to pay them. When I talked to them on the phone they indicated they would look for assets, which I'm not worried about.

Today I received a letter in the mail stating that they are in the process of verification of my employment status. I'm just wondering if it's just a ploy to scare me into paying. Has anyone encountered a similar situation?

I'm trying to hold out from filing for a few more months due to some large bank withdrawals (around $2K) and cc cash advances ending last August. They were were used as a business investment to a company neither were loans. I contacted a debt management company before considering bk but because of the amount of unsecrured debt that I have, they recommended that I speak to a bk atty. The atty I spoke to told me I was a good candidate due to my financial situation.

Somewhere in all that fine print when you applied for and were accepted for the credit is indicated what they can or cannot do if you don't pay your bill (breach of contract) including handing your account over to a collection agency and the terms thereof. Since you are planning on filing in the near future and not fighting this, I would not do anything about it. I would, however, consult with and start choosing an attorney for your filing.