Payment based on hardship in Florida

I have agreed to a debt collection settlement and the first three months of hardship payments were completed the last week of December. Do I have a right to ask for an extension since my financial situation has not changed? I live in Florida.

Comments for Payment based on hardship in Florida

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Jan 21, 2016
payment arrangements

Working out payment arrangements with a debt collector is a negotiation, it's not a "right" per se. The collector is not obligated to accept what you can afford or to allow you to skip payments in a hardship situation. You'll simply have to try to work with them to get back on track based on what you can afford.

If they won't work with you or if the payment arrangements you have negotiated won't pay off the debt in roughly two years or less, you may want to talk with a bankruptcy attorney to find out whether that's a better option for you. You can a free initial evaluation with a bankruptcy attorney here.

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