said by Cheddah :

They recently did this to me also. My question though, is the new rate applied to the current balance or only on new purchase with the old balance being charged at the old rate? I'm sure it was in that letter that they sent but I can't seem to find it. Thanks in advance!

said by Hesher :

Chapter 7 I should be able to get the credit cards wiped clean. I do have a lot more than the $12K debt from when my son was born. Our income level is not near the median right now....heck it's 1/3 of what it was before I had the great idea of becoming a Realtor (even though I'm number 6 in the county).

Couldn't really do anything about the insurance company/hospital deal......actually, I should've said doctor instead of hospital. My son was born c-section. We knew my wifes employer was changing insurance companies the day before the c-section was scheduled for. We gave the doctor all of the new insurance info. Even when we checked in at the hospital the night before, the hospital had the old insurance info....we called the doctor right then and he said they'd get the new info to the hospital right then.

My son ended up going into nicu (?) for bile in his lungs.

Two weeks later we took him back to get his circumcision and when we checked him in, they still had the wrong insurance info.

Well, the new insurance company decided that since they weren't notified within 24 hours of him going into nicu that they were not going to cover that portion of the bill. What can you do at that point....it's a bunch of he said she said.

This is why Congress just passed a law making the proposed changes in consumer credit laws that crack down on the abusive practices take effect this month instead of sometime next year.