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


  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.

  3. Teresa says

    My 91 year old mother has a credit card with a balance of $28,000. She has never been late and relied on rent from a bedroom rented to a brother who had recently divorced. He has now moved out and she can no longer keep up. They have no saving or assets other than their home. They live on social security. Both parents have had heart surgeries. My siblings would like to settle this debt for less. Like 12-14,000. Pay it off and her not be worn down with it. She has only been making the minimum payment. How do we go about negotiating this card down?

    • says

      Your best bet is to find a local consumer rights attorney for advice. The bank will not negotiate as long as the account is current. They sound like they are judgment proof depending the nature of your state’s Homestead protection law. But, that is why you need a local attorney knowledgeable about consumer debt issues to advise you.

  4. Sev says

    Hello- I am 58 years old and I have been out of work on and off long periods of time which forced me to use my credit cards. I am talking about last 7 and 8 years. I always made at least the minimum payment hoping that eventually when I found a well-paying job I could pay them off. Of course, balances keep going up I had to make higher minimum payments. Once I made the payments I had to use the CC so on so forth. Now I lost my job again and got sick ended in emergency room couple times. I Stop paying the CC last two months going on for 3 months. CC companies are calling constantly. IAMEX is leaving messages Telling me call them They might be able to help or they will turn me over to Collections.

    SHOULD I CALL THEM BACK? Can you give me some advice?

    Thank you

    • says

      Sure, call them back. Listen to what they have to say. But, remember, if you cannot afford to pay, then you cannot pay them anything. My books are for consumers who cannot afford to pay.

    • says

      If you cannot paay, then you need to prepare to handle collections. Read my blog postings, watch my videos on YouTube and get my ebooks. There is life after unpayable credit card debt. You just need to educate yourself and take control.

  5. le nam says

    thanks for your professionalism. indebted credit card 150,000 debt settlement scamped 18000 did not do anything sheriff knock on door every week i am 63 years old actual 69 yo disabled 14 years diagnosed chronic severe depression. can you help

    • says

      You could be collection proof depending on your income and assets. You should talk to a local consumer rights attorney, or you can buy my $97 package with a 60-day money back guarantee.

  6. Claude says

    . I am 76 yrs old, I have 2,900.00 credit card debt, I was doing fine with paying my payments , till I had to have open heart surgery,and other medical problems have begun Since than, It has come to a point I can’t make payments any more. due to cost of medical needs, medicine, and living expence. I only own a 1986 mobile home, and a 2000 Chev S10 truck, both paid for. Have to pay lot rent where I live. Im having to stop payments this month.on my card. the only income I have is Social Security.. What should I expect. from the creditor.November was my first month of missing payments. Heard nothing from Credit Card Company yet.

  7. says

    My husband had a good job but suddenly lost it. He was off work for over a year and was denied unemployment so we had no income. We used all of our savings and accrued nearly $18,000 of Credit card debt. I managed to make minimum payments and after he went back to work I always paid more. My on time payment record was 100% for several years but the interest rates went up and I could barely keep up and I let one of those crooked companies (Sunshine something) talk me into letting them handle getting my interest rate lowered. I went from having 2 cards to manage to having 5! They moved things around and got me so confused I didn’t know what was going on plus charged me $2,000. They then disappeared, one month after doing this I could no longer reach them by phone or email. Found out a lawsuit has been filed against them. Meantime my husband ended up on disability and I couldn’t keep up with this mess. I stopped paying and am being threatened by 4 credit card companies. Can they take my husbands retirement or any of his monthly check?

    • says

      If those are your only source of income, it is unlikely they could take them. You experience is a good illustration of why not to ever engage with debt relief “professionals.” If you cannot pay, then you cannot afford to pay for debt relief.

  8. Pam Austin says

    I had a credit card $850 that was wrote off then sold to LLV Lending…..I never heard anything from them till I was served a summon last week…..i was on disability in 2001 in 2005 went on Medicare…..that is the only income I have can they take my bank acct. (which never shows more than my ssi check or garnish me.

    thank you

    • says

      No, they cannot take it. But you have to answer the summons and go to court and state that. But, I am not an attorney. You need a local attorney to write a letter to the debt collector and tell them that.

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