Home
Public Forum
Credit Reports
Apply For Cards
Credit Directory
Credit Overview
Credit Problems
Credit News
International
Credit Glossary
Purchase Books
Credit Laws
Business Credit
Merchant Accts
   

Re: Credit Card Debt Questions....Please help!!!!


[ Follow Ups ] [ Post Followup ] [ Credit Forum Index ]

Posted by LadynRed (199.91.33.254) on February 27, 2003 at 12:06:02:

In Reply to: Re: Credit Card Debt Questions....Please help!!!! posted by In over my head on February 27, 2003 at 11:59:27:

Unfortunately, its a common myth that if you're paying something you won't be sued or that they have to accept it - they don't. They're going to nail you with the terms of the original agreement and if you don't get the account current, they can and will charge it off and then they will turn around and sue you. The only semi-good part of being sued is that at that point you have a chance to negotiate a settlement amount at something less than the full amount due. Its ugly, but Discover is VERY nasty this way and filing lawsuits right and left, even for amounts less than $100 !!!


Follow Ups:



Post a Followup

Name:
E-Mail:

Subject:

Comments:

Optional Link URL:
Link Title:


[ Follow Ups ]   [ Post Followup ]   [ Credit Forum Index ]

 

    Top Of Page

  

Copyright © 1999-2002 Enkephalos Web Design