Legal Question in Credit and Debt Law in California

I have been laid off work 8/9/2010

After 22 years at company. Scince being laid off my credit cards have fallen behind, some I can't afford to pay, others I pay. I'm paying mortgage for house I live in , car payment, addt'l bills. My live in partner and I have made bank work with us on house payments, still to this point I have not found job. Today I got summons for court for credit card that I can't pay with a balance of $2800.00 .How do I work this one . I'm not saying I don't want to pay , but we barely get by with both of our incomes. I'm on Californias Unemployment making $1800.00 monthly and not having any tax withdrawn . What can I do. Thank You So Much!


Asked on 4/13/11, 2:35 pm

1 Answer from Attorneys
Asaph Abrams Law Office of Asaph Abrams

Both creditors and individuals must elect sound financial strategies. The former mismanaged investments and then received government bailouts. The latter--overwhelmed by the former's interest rates... well, they're still waiting on their bailouts. Yet, government protection is provided through the federal bankruptcy system. Seek local counsel to see if comprehensive legal debt relief is in the cards for you.

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Answered on 4/13/11, 2:40 pm


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