It always is easy to fall into debt, but is equally hard for you to become free of the same. So, if you have been making only minimum payments against the debts, because you do not have enough money, you are in for some serious problems. This results in even increased debt amount as a result of which, you may later be required to make payments against high rate of interest. So, suppose that a creditor calls you up in the middle of the month for a large payment. They threaten to sue you if you cannot come up with the payment. What can you do in such a situation? Continue reading →