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Reply to "what to do after setting up payment plan for debt? "
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[quote=Anonymous]I have a debt that I want to pay off and am in the process of setting up payment plan. I have a meeting on Friday to discuss details of the arrangements. I am currently working as a nanny and want to switch carers to retail or event planning to go with my degree that i will finish in two years. If I set up a payment plan and make these payments on time, is there any reason debt collector would attempt to garnish my wages or levy anything to get debt paid faster? I want to make sure I'm protecting myself with a payment plan and won't just have all my money taken or have my new possible employer called about my past financial mistakes. is it more like since the payment plan is set up and I am making payments regularly that's enough to satisfy? I am also getting married soon, and have been hesitant to combine our bank accounts, my soon to be husband makes way more than I do and I would hate to his savings taken because of this? [/quote]
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