I need some advice on how to proceed. Had a CC debt with Bank of America and due to losing my job and not working for 3.5 years, I lost all my savings and unemployment. I tried to settle with Bank of America and they offered a settlement of $9000+ on a CC debt of $16k. I did find a job and offered them $200 a month to pay off the settlement but that wasn't good enough. They wanted 3 consecutive payments of over $3000 which if I was able to pay this, I wouldn't be in this situation!! So we left it at the original amount having no luck reasoning with them. I filed a complaint with the FTC but it fell on deaf ears. The debt was sold and now owned by Cach, LLC represented by Mandarich Law Group, LLP of Woodland Hills. They called a few times and I ignored it due to being pissed off not being able to settle, they now sent me a 10 day notice before they "attempt to sue". How much should I worry? What options do I have??? I currently am not working again with a very limited budget so I cant pay much due to owing the IRS and car payment, etc Thanks,
