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Re: what happens once your acct becomes delinquent?
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Posted by LadynRed
(199.91.33.254) on April 21, 2004 at 13:44:48:
In Reply to: what happens once your acct becomes delinquent? posted by heh on April 21, 2004 at 12:52:56:
Probably not much more than more harrassing phone calls, lots of dunning letters, and bad marks on your credit. There are a FEW creditors who will sue soon after charge-off, like Discover. A lot depends on your employment status, assets, and the amount owed.
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