Florida | Credit and Debt Law
12/15/09, 6:36 am
Legal Question
My room mate recently had her motorcycle stolen, and stopped making the payments. She had to seek alternate transportation and couldn't afford paying on both...now i tried to make arrangements with the company to pay on it as she received a letter from collections threatening with a lawsuit...after calling them, they said because there's no collateral now, the total balance is now due. I explained to her that much money will not appear in 30 days. What chance do I have that they will allow for payment arrangements? Thanks if anyone can give me any advice.
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