2007-02-12 12:54:25 · 5 answers · asked by rfortbrownlow 1 in Business & Finance ➔ Personal Finance
If multiple states are involved then you're under the jurisdiction of federal law. One of the main purposes of the federal government is to regulate interstate commerce. A federal lawsiut can be filed against you.
2007-02-12 12:59:44 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Everybody above is trying to scare you.
Yes, they "can" file a lawsuit against you, but is question is "will they"?
I have known people that borrow money in the same state and all that happened was it went to a collection agency and on a credit report. It really all depends on how much you owe. If you don't owe a lot then the collection agency is going to try and contact you by all means for approximately 60 - 90 days, stick it on your credit report and give up. Once the account in the credit report is over two years old it doesn't carry much weight on your credit score.
2007-02-12 13:39:54 · answer #2 · answered by ♥ Mary ♥ 4 · 0⤊ 0⤋
Yes. You can't get away from your debts by simply moving.
2007-02-12 12:57:07 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I assume that they lent you the money across that same line. Think about it. Would they lend you the money if they couldn't come and get it.
2007-02-12 12:57:15 · answer #4 · answered by ttpawpaw 7 · 0⤊ 0⤋
DEBT IS A DEBT...
2007-02-12 13:54:02 · answer #5 · answered by cork 7 · 0⤊ 0⤋