Is there a way that a collection agency can sue you?

Question

i have an over due credit card.. i have not hidden from them in any way i have offered money but they say it isn't enough, so i don't pay until i can make up more money... now they are threatening me to sue... my account is 173 days overdue, bad i know but i have been trying... i tried debt consolidation from 2 places and went to the bank asking for help... no one can so can they sue me and be super rude? i have no one to co-sign, i just wrote off my van by hitting a deer and needed to get a car since i don't live where i work. i'm waiting on a settlement to pay it in full which isn't for another couple months... i don't know what to do!! help!

Answer 1

If it's recent debt, yes they can....This process cannot happen overnight. They would have to officially serve you papers for a court hearing and then win a judgement on the appointed date....This would take at least 2-3 months.

Every creditor is different and will respond differently to defaulted debt, so you can never predict what they'll do...they might just sell the debt to a collection agency...or they might take you to court.

You might wanted to contact your local Red Cross for a referral to Consumer Credit Counseling Services in your area...they may be able to help.

Answer 2

You can go to www.cccs.org

They will help you work out payback, and stop collection calls.

It is a non-profit, and they do not charge you.

Answer 3

Typically credit cards charge off 90 day past due accounts and assign or sell the debt to collection agencies.  Depending on which credit card, some have their own in-house collection depts and are very aggressive about going to court.  Capital One will take you to court for relatively small balances.