Question:

Will a collection attorney really sue for $1000.00 credit card debt or is this a joke?

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Will a collection attorney really sue for $1000.00 credit card debt or is this a joke?

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  1. The  card  company's  legal  staff  processes  thousands  of  collections /  court  cases .

    They   go  to  court  en  mass ,   so   yours  will  be  just  1  of  many  on  the  docket .

    The   attorney's   volume  is  large  so  the  cost  per  case  is  minimal  (  and  mostly  cut  and  paste  paperwork  with  just   the  names  and  $$$$  amounts  left  blank  for  fill  in ) .

    Yes   they  sue  and  it  is  Not  a  joke .

    >


  2. That's what they do.  The ammount doesn't really matter.

  3. It's possible, but not for certain. It will really depend on your financial situation. If you have alot of available credit and a decent income, their chance of collecting is much higher.

  4. I imagine it is just a scare tactic into getting you to pay your debt.  It would cost more for the attorney than they would get payment from you.  Credit card companies are WILLING to reduce your debt if they think you will make some kind of payment.  Call them and work something out.  Just ask them what they would settle for because you can't afford to pay the whole thing.  Sometimes they will reduce it by about 50%.  Good luck!  Also, at times, they will send you a letter stating what they would be willing to accept from you without a phone call from you.  If you don't want to call them, wait it out a little to see if they send you one.

  5. They even came to my work with the paperwork, which I thought was illegal for them to do, but yeah they sued me for a $2000 credit card. I had no choice but to give them a call, they cancelled the lawsuit after settling with them, with an agreement to pay $80 for the next couple of years. If you want to settle it, you better give them a call before it's too late.. good luck.

  6. Yes. Usually they will try to get your money without suit. You may get two letters and then file suit. In NY its $45 to file and $35 to serve you. They usually take 25% of what they collect. If they get a judgment, they add all the costs to the judgment plus 9% interest.

  7. In a heartbeat!! They will send a sheriff to your home, your work, serve papers and get the judgement. If they want their money bad enough....they'll find you.

  8. No its not a joke. They can and most likely will sue.

  9. Yes they will.  Call and try to settle with them.  They will probally stall and stall and say oh we can't do that but they can.  Start small like offering half.  If you do wind up going to court stick to your guns about settling small.  Usually they don't want to get invovled with a judge.  I went all the way to court twice for no reason never saw a judge and they just took the settlement after six months of a no.  try it!

  10. Hi,

    I used "Credit Solution" to settle my debt and improve my credit score.They managed to reduce my debt up to 58%.It's legitimate. I came across this company on NBC News Special Edition.Check it out here:

    http://lnkurl.com/25

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