My son's girlfriend who lives with us received a supeona for collection of a very old citi bank account (2000) that had been charged off by citi. when she had the money four years ago, she tried to pay it but they refused saying it had been charged off. now this--with tons of interest and fees added on by the collection agency. she has a job now, but is leaving in aug.to go back to school. really , no money. what do you think.
2006-06-29 03:44:02 · 10 answers · asked by Anonymous in Politics & Government ➔ Law & Ethics
The seven years is almost up, don't waste the money. It's not a subpoena, just a shakedown letter. It may not actually get removed from her credit report after seven years, but it shouldn't be taken into account by new creditors. It was charged off, so they're out the money and she's out her credit rating.
2006-06-29 03:59:39 · answer #1 · answered by Jeannie 7 · 1⤊ 0⤋
Anyone can send a subpoena. In order to be valid, is usually has to be signed off by the court (usually a commissioner).
Contact Citibank and try to arrange a settlement. Your credit is already pretty much screwed so the collection agency cannot bargain with you that way. Worse come to worse, remember, we have no debtors prisons. The worst that they can do is sue you and then they have to hire the attorneys and pay court costs. It might not be worth it.
Good luck.
2006-06-29 03:57:43 · answer #2 · answered by Anonymous · 0⤊ 0⤋
This collection agency purchased the debt from Citibank for pennies. They are trying to make money, plain and simple. If they can get her to make even one $25.00 payment, they have recovered their investment. DO NOT PAY THEM. The original account was with Citibank, and Citibank has charged off or dismissed the debt. Ignore this collection agency and advise your future daughter in law to be more careful in the future. Good Luck!
2006-06-29 04:26:17 · answer #3 · answered by working mom of 3 4 · 1⤊ 0⤋
examine with an accountant on your community community. they are going to comprehend the guidelines, or will manage to analyze it for you, yet often... once you're making a fee each month, even no matter if it isn't the finished volume, and they settle for it. they could't take you to collections because you've made an attempt to pay in good faith and they have commonplace the fee. they receives extra money from you contained in the longer time period because there is activity and previous due fee prices which will be tacked on. The time to pressure is once you do not recieve a bill from them for more desirable than 30 days, or they deliver a fee back, unaccepted. those are signs and indicators that they have despatched the debt to a collection organization.
2016-11-29 23:26:56 · answer #4 · answered by ? 4 · 0⤊ 0⤋
There is this new thing now with collection companies going after charged off accounts. This isn't strictly illegal. I don't know what state you live in so I can't tell you what your statute of limitations is. Usually its like 7 years. Tell your son's girlfriend to NOT ADMIT SHE OWES THE DEBT to anyone contacting her (like saying, I tried to pay this 4 years ago!) because if the statute of limitations has run out, ADMITTING YOU OWE IT REVIVES IT. So basically, I would just ignore it if I knew it was past the statute of limitations, or I knew it had been charged off. If they keep harassing her, tell her to report them to the state attorney general for illegal collection practices.
2006-06-29 03:53:52 · answer #5 · answered by Anonymous · 1⤊ 0⤋
If there is no date on the "subpeona" and it is not from a city or county agency then it is not a subpeona. This is a ploy to get payment by the collection company. She should see if it is on her credit report and dispute it if it is. Next year will be the 7 year mark for it anyway.
2006-06-29 03:49:13 · answer #6 · answered by Jenn 3 · 1⤊ 0⤋
She needs to contact Citibank and make arrangements to pay off her debts. And no one is going to say . Nooo dont pay me we have already written that 10 thousand dollars off.
2006-06-29 03:48:30 · answer #7 · answered by ? 6 · 0⤊ 0⤋
Tell her to go here: www.suzeorman.com
This lady knows her stuff regarding financial issues. I got a creditor off of my back using her knowledge.
2006-06-29 03:52:42 · answer #8 · answered by Anonymous · 1⤊ 0⤋
If she is not worried about her credit score....just ignore it...or contact them and ask about payment options
2006-06-29 03:48:34 · answer #9 · answered by recon 3 · 0⤊ 0⤋
toss it in the garbage...collection agencies use all kinds of nearly fraud to try and sucker you into paying...
2006-06-29 03:50:17 · answer #10 · answered by badjanssen 5 · 1⤊ 0⤋