If You Can't Work Out a Payment Plan Send the collector a notice by certified mail. There is a sample letter at the end of this guide to help you decide what to put in your letter. Say that you cannot repay the debt and that you do not want to hear from the collector. Once the collector gets this notice the collector can call or write you once more to tell you what will happen because of your non-payment. File bankruptcy only as a last resort.
Bankruptcy is complicated.
If you want to know more about bankruptcy, call your lawyer. The Federal Act and the State Law only limit what debt collectors can do. This can stop you from getting credit. The creditor can sue you. If the creditor decides to sue you, the creditor will file a claim in court.