I recently denied a small claim and sent the money to file a denial with the small claims court in a nearby county. I called today to see if a hearing date had been set. The clerk told me they received my "response," but they are currently booked solid until September!
A few months ago, I tried to get a workout agreement with this creditor and they refused. At approximately 150 days late, they served me a small claims summons. So, start of non-payment to small claims hearing will be approximately 8 1/2 months. Then, it will probably be another month before they can attach my wages.
Originally, I asked that they reduce my payment by 1/2 until loan was paid. Since the loan was only ~$1200 - $1400, they could have had 1/4 - 1/3 paid back to them. Perhaps they just wanted to show how tough they are on debtors who default. Oh, well, I tried to talk to them.
It might be interesting for the mediator/judge to see the 30% interest rate on this debt. I'm very curious to see what happens.
A few months ago, I tried to get a workout agreement with this creditor and they refused. At approximately 150 days late, they served me a small claims summons. So, start of non-payment to small claims hearing will be approximately 8 1/2 months. Then, it will probably be another month before they can attach my wages.
Originally, I asked that they reduce my payment by 1/2 until loan was paid. Since the loan was only ~$1200 - $1400, they could have had 1/4 - 1/3 paid back to them. Perhaps they just wanted to show how tough they are on debtors who default. Oh, well, I tried to talk to them.
It might be interesting for the mediator/judge to see the 30% interest rate on this debt. I'm very curious to see what happens.
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