My question involves collection proceedings in the State of: Mississippi
I recently received a summons from a collection agency on past due credit card bills. The summons was dated July 11, 2011, I did not receive the summons until Sept. 8, 2011. I have no money except a CD. Can I authorize the company to take it from the CD and just go away? I am frightened to death over this and everyone I have spoken with keeps telling me it is too late to do anything. PLEASE advise me.