Well, my creditors are finally coming after me hard.

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I will get over this eventually. I am mainly writing this to work through the initial shock period that I am going through now.

I just got a certified letter. Some lawyers representing one of the banks that I had a credit card with are interested in garnishing the wages at my job. I had a judgment against me regarding this card about three or four years ago, so I should have expected something like this might happen now that I have had a part-time job for a year.

In my state, they can only garnish 25% of my wages. I may as well let them have it. I was irresponsible when I was a practicing addict, and now my credit is abysmal because of it. I may as well be a man and accept this consequence.

I suppose it helps that my employer knows that I am a recovering addict with abysmal credit. I will tell my employer about it before these lawyers do. I don't think any of them will hold it against me. I have proven myself to be an asset to the office I am employed at, and they already know that I have a past that was riddled with addictions and financial irresponsibility.

I will still have enough to live on - it is illegal to garnish SSDI, after all.

Worse things have happened. A part of me wants to blame the lawyers for being sleazy, but I really only have myself to blame here. If I did not choose to max out that credit card when I knew I had no way of paying it back, none of this would be happening now. I will attempt to accept this consequence of the foolishness of my past life gracefully.

Just let me have a couple of days to b***h about how much it f***ing sucks first.

bankruptcy is the way to go unless your planning on taking out loans in the next 10 years

BEEN THERE - DONE THAT

Credit card debt is about impossible to collect after 4 years and the banks know it.

They're making threats to get whatever they can out of you before 4 years passes.

If you pay them so much as a penny, that reaffirms the debt and the 4 year timeline starts all over again.

The best thing to do is to try to settle the debt. These lawyers are probably from a collection agency that buys bad debts for pennies on the dollar and then tries to get what ever they can. You can usually settle for anywhere between 10% and 25% of the full value of the debt.

If you get a settlement:

A. GET IT IN WRITING. This stuff will come back to haunt you and you will need proof of the settlement.

B. DON'T SEND THEM A CHECK. Pay the settlement with a money order. If you send them a check, that gives them electronic access to your checking account and they will take the FULL amount out of your account and likely overdraw your account. Make sure to keep a copy of the money order.

keep unused money out of the bank... canada has a cyprus model to steal your money...

137 million dollar salary is the example of a typical fortune 2000 ceo

If you have some money, you can try for a chapter 11 bankruptcy if you didn't want a chapter 7. Under chapter 7, your debts would be discharged (with a few exceptions).

In a chapter 11, your debts are modified and a payment plan is set up for repayment by the court.

I know how you feel though, I got in bad with some cards. I have to say though, it is refreshing to see someone who is taking responsibility for their actions. I know some people with a lot of debt who blame everyone else.

That seems like a collection agency scare tactic.

Be prepared for lots of angry calls and harrasment. If you can, make sure you record those calls.

You can also advise the creditors calling that you are recording this call at the very start. Their tune will change signficantly. They know they can be sued and be held liable to the law if they get recorded performing illegal collection tactics. This includes harassment.

It is no scare tactic. I was just informed that they are going to start garnishing 25% of my wages starting my next paycheck tomorrow.

This is a reality.

I want to die right now. Seriously. I made my bed. I do not want to lie in it. I want to escape my past life as a practicing addict. But life will continue to have my past crush me despite all of my efforts to build myself up. I have another financial scarlet letter now. And they will garnish my wages for several years, until they have taken several thousand dollars from me.

I have no reason to keep moving on. My past is always there to taunt me.

Goddamned credit cards...Someone once told me that credit card bureaucrats refer to customers who just pay the minimum and try to keep it holstered as "deadbeats".

It's legally sanctioned usury, only meaning they're not allowed to break your legs. I'm fairly certain the employer can fashion a temporary internship designation so as to lessen the hit