Unable to Pay Credit Card Debt

Author: handeling
Guest
Posted: Wed Feb 18, 2004 11:52 pm
Post subject: please, take a look and share your knowledge

i have a big dilemma with my credit card. i have over $3000 debt, and i have been paying it off until this month when i have received some news that turned around my life (so now i'm going on a voulunteering mission around the world and am not sure of when/if coming back) while paying off my dept is out of the question (i'm simply unable to afford it) i am worried about making everything fair. i don't care if my credit history will be ruined, i'm only worried about any legal problems i might have. however, i want to let the CC company know that i'm unable to pay under any circumstance. should i call them and let them know of situation, and cancel my card?? will they sue me, issue a warrant? will i become a criminal? will the CC company actually open an investigation, and in case of my return - catch me? any kind of advice will be greatly appreciated!!

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