text: i owe cc company us8,000...? hi,  i need some advises here. i owe cc companies us8k here.  if i don't pay what the collection agency will do?  i know they will call me? what else? will they come to mine house? can i lie to them that person they looking for has moved out some time ago? what else will happen to me? will they come with police and arrest me for not paying cc debt? the bad credit will stay for 7 years only right? afthe this, it will be a fresh start right? should i call the cc myself and reduce it to us4,000? is it possible?  ps advise !!! no, they can't come to your house. they could sue you and garnish your wages and clean out your bank accounts, but that's rather unlikely unless you owed the $8k to one creditor. your credit will be ruined. you cannot be arrested for debts in the u.s.  you will not have a fresh start because the back marks will remain on your credit keeping you from establishing good trade lines the whole seven years. you will also be in a different category for having had bed debts than other consumers who paid on time.  yes, try to make a deal with the creditor, if not, consumer credit counseling can probably help you. don't just try to hide and ride it out. you'll thank yourself for being proactive and getting this behind you now rather than waiting.