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Bankruptcy FAQ
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A bill collector insisted that I wire the money I owe through Western Union. Am I required to do so?
No, and it could add more money to your debt if you did do it. Many collectors, especially when a debt is more than 90-days past due, will suggest several "urgency payment" options, including:
- Sending money by express or overnight mail. This will add at least $10 to your bill; a first class stamp is fine.
- Wiring money through Western Union's Quick Collect or American Express' Moneygram. This is another $10 waste.
- Putting your payment on a credit card not charged to its maximum. You'll never get out of debt if you do this.
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