I owe 10,000 dollars for a car that was repossessed due to non payment.
The original creditor bridge crest sold the car at auction for a fraction of what i owed and gave me a bill for the remaining balance.
I was unable to pay anything towards it and bridge crest sold the account to a debt collection agency called deville Asset Management.
I called them and was told they want a minimum payment of 150 a month or they would pursue litigation, garnish accounts, etc. I told them i could pay 60 dollars a month because its all i can afford.
They said they would accept the payment but it wouldn't keep me out of red and they could pursue litigation any time. How do i negotiate with them, what are my options?
tl;dr i dont make much money and a dept collection says i have to pay 150 a month or they will pursue litigation. I only make 1800 a month which covers rent, car payment for current car, food, phone bill and gas to get to work.
Submitted November 27, 2017 at 02:19PM by billyleavy27 http://ift.tt/2zJRaRK
