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Re: Need help!!! Have until tomorrow to act....


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Posted by LadynRed (199.91.33.254) on July 25, 2003 at 09:37:23:

In Reply to: Need help!!! Have until tomorrow to act.... posted by Jen on July 24, 2003 at 23:29:23:

If you're going to stay in NZ, then the HELL with MBNA !! Its highly unlikely that MBNA will pursue you there - I don't think they even operate outside the US ! SOL in NY is 6 years. If MBNA sues and gets a judgment, that would be good for 10 years, but they would have absolutely NO WAY to force you to pay a NY judgment in NZ !!

If you really want to pay them, then get the 25% agreement IN WRITING and request that a 1099-C be issued to keep them from reselling the remainder of the settled debt to a collection agency.



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