Re: notice of arbitration

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I think advice to get professional assistance is always well
given and should be your first choice. However, I'm guessing
that you're seeking help here because you maybe can not afford
personal professional advice...?

I'm curious regarding the demand that you received; is it a
notification of an arbitration hearing?

Is it notice of an arbitration award?

If not, what exactly is it that you received?

On 10/18/07, - wrote:
> On 10/18/07, Teresa Shively wrote:
>
> As a commentary on the hypothetical situation you describe --

> I would think that a person in such a situation would want
to;
> (1) not accept any more certified mail deliveries;
> (2) consider changing your phone number or if contacted by
> phone decline politely to discuss personal financial matters
> on the phone and also politely decline to give out any
> personal information such as address or even confirming who
> you are;
> (3) see if local legal aid or a disability group can counsel
> you in this matter;
> (4) consider protecting any liquid assets you have such as a
> bank account by holding such assets in a safe deposit box or
> other secure way;
> (5) without responding yet to the inquire you received, try
> to figure out how much money is involved in this collection
> attempt.
>
> If you truly owe the money, you will be obligated to address
> this issue at some future date in a court or mandatory
> arbitration forum. If it is a huge sum of money a local
> attorney may have to assist you in bankruptcy. As always
the
> best possible advice is to obtain professional advice and
not
> rely on what you hear on a discussion board like this. Good
> luck to you, I hope this works out for you.
>
>
>> help! i just got a certified letter today saying i have
>> 30 days to respond in writing to portfolio recovery assocs
>> C/O phillips and cohen assoc located in Delaware. i live
>> in ohio. not sure what to do. i never agreed to any
>> payments and i am on social security and my husband is
>> also disabled. what can they do to us? can they take our
>> house?