What if I get laid-off and my first unemployment check won't come for another 3-4 weeks?
Contact creditors and notify them of the problem before it gets out of hand. In most cases the creditor will work with you. What if there is a substantial decrease in my income?
Contact your creditors and see if they can help by reducing the payment or allow you to make interest only payments for a short term. You should then re-organize your budget and adjust your life style to accommodate the change.
What do I do if a creditor begins to harass me by repeated phone calls?
You should notify the creditor by Certified Mail if you do not want to be contacted by phone. If the problem continues, you should seek the advise of an attorney regarding your legal rights and remedies.
NEXT - CREDITORS RIGHTS
If you have more questions concerning this or any legal topic, please consult an attorney.
