has anyone ever been sued by a credit card or collections company?

Question

im not talking about hearsay. if you have ever been sued by a credit card or collections agency speak up. I have heard that they will never sue you just call and bug the hell out of you for the rest of you life. I dont know anyone that has actually been sued by one.

Answer 1

I was sued for a past due bill. Not by a credit agency but by the company I owed. It didn't make it to court though, I scraped together the money and paid it. They dropped it, but I had to pay lawer fees. I felt like the biggest deadbeat. I'm not really, I would have paid it if I could have.

Answer 2

I know someone who was sued by Discover Card (not me, but someone very close to me). What happened was Discover sold the account after 6-8 months of non-payment to a collection agency (actually, a group of attorneys) who sued the guy in small claims court (I saw the summons) -- the amount was about $4,200. I got an attorney for the guy, and he negotiated a payment plan -- $200/month at 6% interest until the account was paid off.

They do sue.

Answer 3

I have not been sued. I do know of two people that have and both lost and have huge judgments against them now. If you let it go to the point of actually being sued, they are allowed to add all their legal fees and court costs to the amount you owe.

If you don't have much to begin with, no assets, low paying job, chances are, they won't bother.

Answer 4

i wassued by 2 different ones the same day.i didnt go to court. they won by default. one garnished my wages. i never heard from the other one. they may have put a lein on my house. if they did i wasnt informed. i may be wrong but i think ive read that only the original creditor can sue. that leaves out the bill collectors. im still researching that one.

Answer 5

Keep not paying your bills and see!
Yes they will sue you. Some companies do this faster, it depends on many different factors, such as amount of debt, state you reside in, ability to get something out of you after they sue you.

Best and easiest thing to do is just pay your bills.

Answer 6

i don't understand once you've filed your answer yet or no longer have you ever checked your state statute of barriers (SOL) to work out if the debt continues to be interior the amassing SOL? in case you have not - examine it. in case you're out of the amassing SOL contain on your answer an "affirmative protection of SOL". bypass to my profile and click on the link to discover the SOL on your state. when you spot the SOL on your state, scroll to the bottom of the web page to the link to the homestead web page, click on that. Scroll to the bottom of the homestead web page and click on your state. this is going to record the SOL statutes on your state examine your credit comments and word if NCO is reporting inaccurately. examine each little bit of mail they have despatched and word if there are any violations. If there is any violations on your comments, of their correspondence, you're previous the criminal amassing SOL - report counterclaims antagonistic to them. in case you're previous the amassing SOL and also you're making it time-honored to the choose (in a criminal way) the choose will likely push aside the case. in case you're nevertheless interior of SOL yet have counterclaims antagonistic to them, and they are for better than what you're being sued for, they might drop the extra healthful. If the counterclaims are for lower than what you're being sued for, they make a fantastic negotiating device to diminish the quantity they're asking for. the expenses the court docket would can charge are the traditional court docket prices, submitting expenses etc plus NCO's attorneys expenses and probable pre-judgment/submit-judgement pastime. in case your counterclaims

Answer 7

No you can't be sued. All they can do is harass you.

Clark Howard is good about this kind of stuff.

http://clarkhoward.com/