Well, it finally ate at me so much that I decided to write a letter explaining what has been going on. I knew if I just went down there and tried to talk, that I'd end up in tears and not be very effective, so I wrote it all down. The spending, the bankruptcy, the loans that I didn't even know about....and I pointed out that I still have a pretty darn good credit report--the only thing that hurts me is the balances on my credit cards....no late payments on anything.... I pointed out that if all the bills that I am paying every month were added up, there was about $20 a week for food/gas and not much else. But that I still haven't missed a payment, and boy, would it be easy to let those vehicles go....I don't drive either one....
As far as parking the ATV, I learned that taking the plates off wouldn't make a difference, because they are off road vehicles. Because of DH's banking issues, which were tacked on to the end(s) of these loans, we still owe more on the 4 wheeler than it's worth, so we can't sell that. And the truck is a 1992, so I doubt very much that we could get the $3,000 that is still owed on that, either....maybe....but the truck only gets 10 miles to the gallon, and it has some problems, so not likely....
Anyhow, at the end of the "conversation", where I still, even though I had written everything down, was in tears, the bank manager apologized to me, and made a cryptic note to herself in our file that she had talked with me. Actually, although I was very angry and prepared to hate her, I really liked her a lot--I felt like she could be a friend of mine except for the money thing....I felt like a huge load had been taken off my shoulders, so I am glad I went.
Sunday, August 9, 2009
Talked to the credit union manager....
Posted by Carol at 7:09 AM
Labels: bill collectors, credit, debt, stress
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7 comments:
It's nice that she was able to show some compassion.
You know Carol, I would be willing to bet that the credit union manager has seen quite a few crying people in her office in the past year or so. Times are rough for so many people, and it seems it has come to the point where a lot of people are going to have to humble themselves in front of their creditors and ask for mercy from them. Of course, the powers that be behind the bank managers, etc. who feel compassion for those like yourself, have the final say in whether that mercy will be given, and I have a feeling that those powers will not have any compassion for those who are suffering.
I kinda know how you feel. I have had to humble myself and let creditors know the real deal with me. Its nice to know some of them are very understanding and will work with you. It will be ok, just keep doing the right thing.
I am so proud of you, Carol, for standing up for yourself and your family. She needed to know what's up, you know?
You Go Girl~!
*hugs*
Good for you! I know that they "see" more of this than most of us know, but it is still very stressful. I had to do this for my alcoholic mother at 16. Very humbling experience.
Sometimes it's hard for people who see a lot of not so honest people to see the hard working ones and the big picture. Just like going to the doctor or anything else we have to advocate for ourselves, our children and in some cases family members who are not in a place to do it themselves. To some people doing what you did is a piece of cake. It wasn't for you and I know it wouldn't be for me either. The fact you did it and found a way to do it in a way to make the task easier on you was clear thinking and something to unburden your yourself emotionally. You did great...:)
When I suggested taking the plates off the ATV it was in conjunction with dropping the insurance on it. With automobiles, if you want to store them for awhile and drop the insurance you have to hand in the plates to the department of motor vehicles.
If the ATV is insured you can contact your insurance company and ask what you need to do to cancel the insurance until things get better financially.
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