Re: How much debt?
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Posted by Boadicea
(167.127.24.25) on August 03, 2004 at 07:47:31:
In Reply to: How much debt? posted by Vindicated on August 03, 2004 at 06:42:17:
Oh, boy...that CPA needs to stick to bean-counting. The amount of the debt and the circumstances required before a lawsuit becomes a possibility depends on the CA and the law firm it hires. I can guarantee you that there are people on this very board who have been sued for far less. Just ran across a case in my area that was for $275, so you can't draw conclusions like that. It usually depends on a combination of how much money is involved, how old the debt is, and how many recoverable assets you have (or the CA *thinks* you have).
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