I dont work and cant and I dont have any assets so what should I do? I go to court in 2 weeks and Really need answers. The cc is over 4yrs old. Are they going to try to work something out or should I try to make an agreement? What if I dont keep the agreement?
2007-11-02 09:16:23 · 10 answers · asked by Anonymous in Business & Finance ➔ Credit
See your previous question.
2007-11-02 09:20:06 · answer #1 · answered by ? 7 · 2⤊ 1⤋
Credit Card companies are legally entitled to sue you. However, they USUALLY do not. This is just a scare tactic the use. Tell this company that the MUST send you something in writing stating that they are attempting to collect a debt from you. It should state the original CC company's name, the amount, and have contact information for the company. There are way too many fake companies out there trying to scam people, so do not agree to anything without having something in writing on a company letterhead. I'd also check out the company online just to be safe. Do not go out and get a fax machine. That is just BS. They are trying to frighten you into paying. When and if you get proof that this is a lagit company you should agree to the $25 per month, otherwise the interest grows and they could possibly take you to court. But even if you went to court you would simply be ordered to pay the debt and you could make payment arrangements which would go through the court, so its not as scary as it sounds. But deffinetly get them to mail you a letter!
2016-05-27 02:05:48 · answer #2 · answered by ? 3 · 0⤊ 0⤋
4 years is typically not past the statute of limitations. You can hire a lawyer, and it may be worth the money, or you can show up yourself. They MAY try to make an agreement but I recommend at least consulting with an attorney that is versed in collections before deciding whether you need to hire one or not.
2007-11-02 09:24:15 · answer #3 · answered by Lesley 5 · 0⤊ 0⤋
First dispute it do not admit the debt is yours, then they have 30 days to prove it is, if they come back stating it is yours tell them the statute of limitations has run out, in most cases it is 4-5 years, you will have to check on the rules for your state. Do not make a payment or say yes it is true because that will restart the SOL. Go to court and say you dispute, and in effect even if it o=was yours the SOL has expired.
2007-11-04 10:11:12 · answer #4 · answered by Pengy 7 · 0⤊ 0⤋
Is it a law firm acting as a debt collector?
Is it past the statute of limitations
Did they PURCHASE the debt?
Did they validate the debt and show you how they
came up with the figure?
www.creditinfocenter.com
buddhibbs.com
and yes get a lawyer because especially if it past the
statute of limitations, you sue them for placing a false
judgement !!! Get a Consumer Law Lawyer
2007-11-02 09:26:51 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Hiring a lawyer for minor legal problems can be expensive, but there are websites like LawGuru, FindLaw and other places where you can get free legal advice. I found this website useful - http://www.uelp.org/freelegal.html
2007-11-04 21:09:03 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Well, you DO have a problem. If you can't work and have no assets, how do you propose to pay for an attorney ?
You might consider bankruptcy, if you are that insolvent.
2007-11-02 10:06:19 · answer #7 · answered by acermill 7 · 0⤊ 0⤋
you don't need a lawyer, they only take your money and won't help. make an agreement at the courthouse. you'll be OK, tell them you conditions.
2007-11-02 09:28:49 · answer #8 · answered by Anonymous · 0⤊ 0⤋
a lawyer is not going to help except take your money, let them file the judgment and move on
2007-11-02 09:22:56 · answer #9 · answered by Anonymous · 0⤊ 2⤋
They cannot "get blood from a turnip"
2007-11-02 09:27:01 · answer #10 · answered by Anonymous · 0⤊ 0⤋