Re: Harrassed By Debt Collectors
They don't have to accept a payment plan & can demand the full amount of the debt. If they don't receive it, they can sue you & get a judgment against you for the amt. of the debt. + possibly court costs. If you don't pay the judgment, they can seize any non-exempt assets that your state allows that you might have. As OhMy indicated, they won't take your home from you though.
Too often we underestimate the power of a touch, a smile, a kind word, a listening ear, an honest compliment, or the smallest act of caring, all of which have the potential to turn a life around.