Anyone a lawyer?

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hj60

hj60

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Joined
Apr 9, 2003
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Mesa, Phoenix, AZ, USA
I may need some legal advice regarding a debt issue.
Of course, if I could afford to retain a lawyer, I could easily pay off the debt and be done with it.
So I'm looking for a lil pro bono. Or swap for mechanical work.
 
My brother was/is a collections attorney...PM me with the situation and I will see what I can do...

Regardless...good luck.
 
Thanks for the replies.
I think I'm ok.
I'm going to try an NPO debt consolidation agency.
And look for a new job.

But the situation is this, in case you're wondering...
I bought a Bowflex when I was still married.
After we split up, I set up an automatic payment through my bank. The minimum charge was $18/mo, so I set it up for $20. 2 weeks ago I got a letter from a lawyer saying Bowflex had sold them my account and they want payment in full. It's $1267.23
 
Howdy! Seriously, check the fine print on the purchase agreement/loan contract. It should specify if the account can be sold, and if so, I didn't think the terms could change. Next, check with Bowflex to see if they really did sell you out. It could be a reverse contract where the "lawyer" collects 100% from you and pays off Bowflex only 75%. Back in the day...... I used to work for Household Finance. We had a neat little gimmick of buying up contracts at a discount from a snakeoil salesman that sold SaladMaster cookware. When the customers fell behind, we kindly pointed out the tremendous benefit of them doing a consolidation loan/refinance to include everything possible, especially cars. They are the easiest to repo!! We could BIGGY SIZE that loan real fast, even into a 2nd mortgage sometimes. John
 
The terms definitely cannot change unless specified otherwise in the agreement. I work in the legal field and would be glad to review the terms of your agreement with Bowflex as well as the letter you got from this lawyer. Sounds kind of fishy from what you described.
 
I'm willing to bet I know the firm you got the letter from....be careful, there are a few notoriously slimy companies targeting bad debt in Arizona...Unifund and Unifund CCR Partners are a couple.

You need to check the statute of limitations for the contract...it's different between written and promissory notes...and when the "date of breach" was....see a lawyer for this and don't just automatically admit anything...

-H-
 
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