member profile picture
Posts: 4
Credits: 160.85
[Donate]

In debt to 12 credit card companies 5-15K each. Out of work senior. No assets. Can I expect to be taken to court ?




Well, each credit card company seems to have their own criteria as far as deciding whether to file suit. Once they reach 180 days delinquent, then the credit card company will charge if off. At that point, they may sell the debt to a collection agency, and some of them are very nasty to deal with. However, it doesn't sound like you really have anything that they could take, even if they did get a judgment against you.

Sub: #1 posted on Sun, 08/03/2008 - 09:57

alias1958 alias1958

(Posts: 1230 | Credits: 79.88)

Attachment
More information
  • Files must be less than 500 MB.
  • Allowed file types: txt pdf jpg jpeg png.

Share post

Page loaded in 0.728 seconds.