Two of my credit card companies have reffered my accounts to collections. The collection agencies refuse to work on a payment plan to try and settle the debt. What are my rights? What are their rights?Recieved a call from Credit Exchange and indicated that if I did not pay them within 48 hours they would take me to court and get a settlement. I offered to set up a payment plan but they want all of the money now or take me to court and garishee wages and take assets to settle amount? What are my rights or actions?