Credit Card Debt Relief; What Senior Citizens and Retirees Need To Know

senior citizen credit card debt relief

Mel Thompson

Senior Citizen Credit Card Debt Relief

Unaffordable credit card debt, debt collector threats, collection attorney letters, debt lawsuits, court judgments, bankruptcies; too many older consumers on a fixed income find their security threatened by or perhaps even already lost to credit card debt they cannot afford to pay.

  • Older people with few or no assets and only a monthly Social Security check for income are forced to consider bankruptcy for relatively small amounts of credit card debt because debt collectors are badgering them.
  • Older fixed-income consumers are often forced to put Medicare co-pays and deductibles on a credit card. If their prescription drug consumption, for example, is high for a few years their credit card monthly minimum payments may become too high to pay.
  • Some seniors do not know their states’ statute of limitations for being sued for credit card debt protects them from debt collectors, who know the debt is too old to collect on, but try to collect anyway.
  • Others living on Social Security incomes of around $2000/month agree to unmanageable monthly debt settlement payments of $250 or more.

I was 55 when a divorce, faltering business and heart surgery forced me to run up my credit card debt to $63,000. I could not afford the minimum monthly payments. And, I knew my income would probably never increase enough to get out of that debt. So, rather than file for bankruptcy, I stopped paying that credit card debt.

I did a lot of research on credit card banks, debt collectors, collection attorneys and junk debt buyers. I learned how to communicate legally with them in writing and how to legally stop them from pursuing me for that debt. I stopped them from victimizing me.

elderly credit card debt relief debt collectors Mel Thompson

Seniors Do Not Have to Fear Unpaid Credit Card Debt

Everyone who is late with his or her payment is afraid of a credit card debt lawsuit. Debt collectors threaten those all the time. But, the simple fact is the banks, collection attorneys and junk debt buyers cannot document a credit card debt to court standards. It is true! Chase Bank was penalized over $200 million for credit card debt collection practices including the robo-signing of thousands of phony court affidavits swearing to the accuracy of documents submitted to win credit card lawsuits.

But, yet the New York Times reported over 90 percent of consumers who owe old credit card debt do not answer a summons for that debt, if they receive one. With that kind of odds many banks, junk debt buyers and collection attorneys continue to rely on the same faulty court documentation they have used in the past.

Nonpayment of credit card debt works if you know how to legally resist debt collectors and collection attorneys. Debt collectors and collection attorneys work from databases of hundreds or thousands of indebted consumers. They do not get paid unless they collect some money. Why should they waste their time with anyone who appears to be legally difficult to collect from.

Unfortunately, . . . as we get older, debt becomes a lonely business.   It is a secret our self-dignity will not allow us to share with people we know. So, . . . we end up falling prey to debt help for seniors with credit card debtrelief sales pitches or being intimidated by banks, debt collectors or collection attorneys. It is harder to bounce back from that debt when you’re older. It becomes depressing, stressful, possibly even life threatening.

Help For Seniors With Credit Card Debt

By sending properly worded letters letter CMRR, I made myself appear to be legally difficult to collect from. And, I have helped many other older consumers create that same appearance for themselves.

There is hope; there is plenty of hope.

You can read my FREE 1500 word ebook How Seniors Can Find Their Own Relief from Too Much Credit Card Debt about why nonpayment of credit card debt will work for you.

Or, if you need help now, take a look at my low-cost program by clicking here

Related Post


  1. Dwight pugh says

    I am 68. My brother lived with me , he has been incarsarted and left me with all bills. I have had to may increased tax on house due to this I need help. Being threatened to pay

  2. Carl Matthews says

    I have your course but cant find lt
    My wife & are seniors, retires living on social security just getting by. My wife is being sued by Citibank $4000 credit card debt. Is there any hope of beating it ?

    • says

      At this point, if you are being sued for a credit card debt, you need to answer the summons. If it is from a junk debt buyer, in particular. You should also find some consumer rights attorneys who handle these cases and talk to them about your situation.

Leave a Reply

Your email address will not be published.