What happens if I just stop paying my Bills?


 

Some people may feel so overwhelmed by their debts that they may stop paying their bills altogether. Unfortunately, this will only make matters worse. 

This is what can happen if you stop paying your creditors:

One payment missed: Creditors may send you a reminder letter.

Two payments missed: You may possibly get a phone call and a payment demand letter.

Three payments missed: You may be listed with a collection agency and - reported to the credit will report you enlist a Collection Agency to press you for payment. Collection agencies are known to using a variety of tactics to get the money, including threats.

If you still don’t pay, other methods can be used against you including legal action and wage garnishments



If you are overwhelmed with a financial crisis, J.P. Graci & Associates Ltd can help! Call us now at 519-753-7361.



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Thank you so much for everything you have done for me. These months of lessons will serve me for the rest of my life and I will never be able to fully express how grateful I am for this new beginning!

K.J., Cambridge July 15, 2017

I had the best experience with Paul and his team. They made the process so easy for me. They maintained a great communication with me and they were always there to answer my questions. I would highly ...

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Thank you, Paul for helping get my life back on track.

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The staff were lovely and incredibly helpful. They were empathetic with my stress from the bankruptcy. They also gave great advice on my credit recovery. Thanks especially to Paul for his service and...

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Sam, Brantford July 28, 2017

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