Plus the employer is obligated to forward a copy of the garnishment notice to your home before garnishment starts.
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[2015] About to Start the Foreclosure Process
- Thread starter GoChiefsorBust
- Start date
Plus the employer is obligated to forward a copy of the garnishment notice to your home before garnishment starts.
Oh and I believe garnshments are limited to 50% of net, but I'm not sure about that one.
GoChiefsorBust
newbie
I can definitely say that I've always learned a lot from this forum!
For a financial update: Looks like no one in my office got paid this week; there is speculation that we will receive our checks on September 1st. One mystery down woo hoo!
For a financial update: Looks like no one in my office got paid this week; there is speculation that we will receive our checks on September 1st. One mystery down woo hoo!
- Joined
- Jul 16, 2011
- Messages
- 3,637
- Reaction score
- 827
- Location
- Second City
- Resorts Owned
- Wyndham points and Avenue Plaza Mardi Gras week
Speculation? I'd be asking where it's at on Monday....
GoChiefsorBust
newbie
Well, technically we are supposed to get paid on a Wednesday, but our banks usually pay us on a Saturday. A few employees think that we are getting paid on September 1st because finance didn't want to pay us 3 times in August. Just a guess ("speculation"), but I can believe it. If we get paid on Monday, I wouldn't complain LOL
Side topic but this is cannot be good. Employers are to comply with whatever is in their policy as to when their employees get paid. If I have a direct debit item in my bank account, payment will not go through when I don't get paid on the date that I am supposed to be paid.
GoChiefsorBust
newbie
I wish everyone thought that way. I had a few things that were on automatic withdraw and I had to make early morning phone calls to delay them! I did get paid, finally, so all is right with the world. For now LOL
As of this morning, there have been no attempts to withdraw any Wyndham money. Thanks to the good suggestions of the members here, I took all the necessary precautions; I even moved the rest of my money into a separate account I created(same bank), so there would be nothing for them to take if they "happened" to find a financial loophole. Now I'm just marking down the time for the calls to start. According to one post, I need to sit tight for about a month or so........
GoChiefsorBust
newbie
Today I received my Club Wyndham Plus Assessment Statement.....the bill has my monthly charge on it, plus a Billing Service Charge of $8.00. On the bottom of the bill there's 8 sections:
Previous Balance (0.00) Payments (0.00) Adjustments (0.00) New Charges (my assessment + 8.00) Credit (0.00) Collection Fee (0.00) Late Fee (0.00) and Total Due
The payment due date is 9/4/2015. I'm guessing when they realize I'm not paying, the next Assessment Statement will then list a Late Fee. It says on the form that "Assessments more than 30 days past due may be subject to a $15 late fee and interest charges as applicable by law. New reservations will be blocked when an assessment becomes more than 60 days past due. All outstanding reservations will be cancelled when an assessment becomes more than 90 days past due."
The funny thing is I also received another piece of correspondence from them, dated the same date as my Assessment Statement. Guess what???? I qualify for a pre-approved loan to purchase a vacation ownership. LOL
Previous Balance (0.00) Payments (0.00) Adjustments (0.00) New Charges (my assessment + 8.00) Credit (0.00) Collection Fee (0.00) Late Fee (0.00) and Total Due
The payment due date is 9/4/2015. I'm guessing when they realize I'm not paying, the next Assessment Statement will then list a Late Fee. It says on the form that "Assessments more than 30 days past due may be subject to a $15 late fee and interest charges as applicable by law. New reservations will be blocked when an assessment becomes more than 60 days past due. All outstanding reservations will be cancelled when an assessment becomes more than 90 days past due."
The funny thing is I also received another piece of correspondence from them, dated the same date as my Assessment Statement. Guess what???? I qualify for a pre-approved loan to purchase a vacation ownership. LOL
GoChiefsorBust
newbie
Just received my first call from Wyndham Collections. Lady informed me I was 30 days late on payment; would I like to arrange a payment today? I said no. She hesitated. Then said, would you like to arrange for a payment plan. Again I said no. I informed her that I had already submitted my financial hardship package which was declined, and I, nor my husband had no money to put towards Wyndham due to our situation.
She said,your account is delinquent. I said, yes. And I'm sure we will eventually end up going through the foreclosure process. She stated that if so, I would mess up my credit for 7 to 10 years, it would go through either Wyndham or a 3rd Party collection...I said I understand. But my package was denied, so I guess foreclosure is my only option, right? She said, well, we could work out some payment arrangements. I told her.....I.Have.No.Money. She said ok, well, is my address xxxxx, which I confirmed. She then told me that if I had any questions, I could take down her number. I told her that wouldn't be necessary..... Then we wished each other a great day and hung up. I hope I wasn't too rude and abrupt, but I didn't want to give an indication that I would entertain making any type of payment. Any suggestions / feedback for future interactions?
She said,your account is delinquent. I said, yes. And I'm sure we will eventually end up going through the foreclosure process. She stated that if so, I would mess up my credit for 7 to 10 years, it would go through either Wyndham or a 3rd Party collection...I said I understand. But my package was denied, so I guess foreclosure is my only option, right? She said, well, we could work out some payment arrangements. I told her.....I.Have.No.Money. She said ok, well, is my address xxxxx, which I confirmed. She then told me that if I had any questions, I could take down her number. I told her that wouldn't be necessary..... Then we wished each other a great day and hung up. I hope I wasn't too rude and abrupt, but I didn't want to give an indication that I would entertain making any type of payment. Any suggestions / feedback for future interactions?
I think you did great. I'm sure her performance is measured on getting people to pay.
GoChiefsorBust
newbie
Man, I hate to add a bad mark against her record then, but it can't be helped. I just kept reminding myself while she was talking, "unless she mentions a deed in lieu of foreclosure, or total forgiveness, there's nothing she can do for you."
I guess on a "positive" note, none of my other bills were late this month. I actually had a little bit of extra money to pay for an unexpected expense that came up for my car. I could actually breathe a little easier this pay period.....I do have guilt over not trying to sell plasma or bone marrow to make a TS payment (joke), but it can't be helped.....
Hmmm, I bet I could afford Hawaii if I start donating bone marrow.....
GoChiefsorBust
newbie
Couldn't we all?
You guys deserve the following info/comment:
Did you know the means to collect bone marrow is to DRILL a HOLE into your hip socket? And those HOLES will always show up on any future X-rays of your hip.
So which Hawaii trip will be the Left Hip (Kauai?) and which will be the Right Hip (Big Island?)?. Make yourself a photo book for each trip ... so as WHEN you encounter issues later in life ... you can show WHERE you went for the money from which hip .... esp if you do it several times. :ignore:
Won't be able to swing those "hole-y" hips with the beat of the hulu music....just your little finger will be a rocking & rolling.
Won't be able to swing those "hole-y" hips with the beat of the hulu music....just your little finger will be a rocking & rolling.
You mean I can sit there like a lump on a log? Awesome!
GoChiefsorBust
newbie
Even after reading that.......call me Hawaii bound! I dont need to move much laying on a beach right? LOL
GoChiefsorBust
newbie
Even after my conversation with the lady, I've received 3 more calls from that same number. I've added it to my phone's block list; let's see if they call from a different number. Each time they've called they haven't left a message....
They are going to continue calling until they hit some point where they code you as "collection efforts exhausted."
GoChiefsorBust
newbie
Ahhh. Got it. For some reason I figured (naively?) that me telling her upfront I wasn't paying would be enough....
Just FYI under a the Fair credit act you can send a written letter to any creditor saying you will not pay and want no further contact. They have to stop calling you and any further communications has to be for legal proceedings. Good luck with getting back on your feet. Divorces are rough. Credit can be rebuilt. It took me years to bounce back. 30,000 in collections so I almost didn't get my security clearance when I joined the navy. The hit on your credit disappears 7 years from your first delinquency.
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GoChiefsorBust
newbie
Biggredd thanks for the information; even with my attempt to block their number they called again this evening, but it only rang once before going into "block" mode. I will try writing a letter and report back on that. Sorry to hear about your own difficulty; I hope all is better now. You said 7 years; the person I spoke to claimed 7 to 10....I'm guessing that was a scare tactic on her part
Thanks. After years of work I'm close to debt free with clean credit. It just takes time and patience. Transitioning to cash only purchases helped even though it was very hard. After dealing with collection agencies for years that prey on ignorance, I educated myself. You can do it. I lost a car and sold my house just before foreclosure. Got laid off and couldn't find work in 2007. I had a wife with many health problems that couldn't work and didn't have enough quarters employed to get disability. I ended up joining the navy and it took years to fix my mess. Now I'm a full time student working towards a bs/ms in engineering physics with 2 years to go! Just remember that there may be some tough times ahead, but you can do it and come out better on the other side. Good luck to you and never believe a collection agent and get all offers in writing. Read up on your rights as well.
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GoChiefsorBust
newbie
Thank you for your encouraging words; I appreciate it