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Originally Posted by Brianna
maggie? Forgive me. After reading about your sad life and how you've triumphed, you are now MY HERO! I plan on emulating you in all things, except your obvious bitter heart. I'm going to take a wild guess here and suggest your a human resources-type of drain on society? Anyway, good luck with that.
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Actually I'm a software engineer...been one for over thirty years now. The four year hiatus wasn't offered as evidence that I've had some sort of "sad life", but as an explanation as to why your being held to the terms of your credit contract doesn't seem like such a huge injustice.
Overall my life has been pretty decent, except for the tech bubble that started about 1995 with a bunch of people with no particular talent getting sucked into the industry by the lure of easy high-paying jobs and ended with the investment bankers running out of "pump" and switching to "dump", with all the chaos that ensued.
Since family obligations kept me tied to the Philly area (where the bursting bubble was felt a bit harder than some other places) I had to ride it out here rather than migrating to one of the few places where there was some work. What a bitter, biiter heart indeed I must have to not melt over your tragic tale of woe and abuse at the hands of the Evil Capitalists and their Geedy Henchmen.
Anyway, all you had to do to stave off this crisis was maintain the minimum payments until such time as you're able to pay down the debt.
As long as we're indulging in "wild guesses", is it possible you're now stuck because of this:
http://moneycentral.msn.com/content/...ts/P117014.asp ?
Probably not...the mandatory increase in minimum payments is only going into effect now, and you're already at the suing-for-judgement stage. So you're apparently on the docket now for repeated failures to pay a 2% minimum monthly, which on $2500 would be $50. Not much to avoid the kind of trouble you're now in.
How many payments did you miss before they filed? They only do that when they're convinced you're *never* going to pay up and have to settle for a judgement that they probably won't be able to collect on. I expect they'll sell that at a huge discount to some cheesy collection agency, who'll do the usual wage garnishment/car seizure kind of thing to make something on the deal.
They'd much rather have you make minimum payments almost forever.
By the way...given the context, for *you* to suggest that *I'm* a drain on society is pretty ironic, don't you think? Pot, kettle, that sort of thing. Red herring, etc.