Comments on: Being Sued For Credit Card Debt

By: xbnkr

xbnkr — Sun, 06 Feb 2011 20:44:26 +0000

silmore, this is a valid debt. pay it. you’re as bad as a slimeball lawyer.

By: silmore

silmore — Thu, 23 Dec 2010 00:59:28 +0000

Tell me about it. Ive been contacted by a company Wheycor Capital Group about a 1,000.00 debt i didn’t pay since 2008. They were frighteningly on point. who are these guys!!!uugghhh. when i checked online for guide lines according to fair debt practice acts, they came up clean. They did everything by the book. I went as far as demanding them to validate the debt. In a week and a half they produced copies of documents showing the debt was mine. these guys don’t play. what chances do i have in fighting a company that sticks to the book. i just received a letter from them letting me know that they intend on taking their collection efforts to the next level if i don’t decide to pay my debt. HHHHHHHEEEEEELLLLLLPPPPPP!!!!!!!!

By: Debt Lawyer

Debt Lawyer — Mon, 13 Sep 2010 08:31:07 +0000

Falling into a bad financial situation is not a crime, it’s just that you inform your creditors about it and go for debt settlement. Many a times, some so-called law firms takes the advantage of your distress for making money, thus it’s nothing like being well-informed about your rights as a debtor.

By: anon

anon — Fri, 03 Sep 2010 18:48:14 +0000

For all the people being called by creditors: there are laws that protect you. You can assert your right NOT to be called.

By: anon

anon — Fri, 03 Sep 2010 18:46:00 +0000

It’s good to dispute it. 90% of all law is about posturing and intimidation.

Peggy: file for chapter 7 bankruptcy right now. This will result in a stay of any credit pursuits, including a lawsuit.

By: peggy

peggy — Thu, 24 Jun 2010 23:58:09 +0000

I am being sued for credit card debt. I lost my job, my home everything and I am on a medical leave. I have no money. so what kind of letter do I send? does anybody have a sample on how to respond to debt you can’t pay?

By: sheila

sheila — Thu, 08 Apr 2010 18:03:20 +0000

very impressive, and helpful! thank you!

By: connie

connie — Tue, 06 Apr 2010 05:41:09 +0000

I ‘ been sued by credit card company and i sent a letter stating i deny the debt and show me proof that you have the right to sue me. i recieved a letter stating, make us an offer. i did’nt response, and now i recieved another letter from the court were the credit card company ask the judge not to dismiss the case, which would have been dismissed april the 2th, and now i been court order to mediation. which i will not settle. I do not owe this debt, what is troubling is they never sent anything to prove that i owe this debt, i live in texas

By: Jack

Jack — Fri, 12 Mar 2010 15:17:30 +0000

From Chuck: Abusive law firms should be punished but the mere fact that someone is a collection attorney is no excuse to call them bottom feeders etc. If all people paid their bills (assuming no error) there would be no need for collection agencies or attorneys.

No, they’re bottom feeders, plain and simple. Too many horror stories and fines levied against them in support of the bottom feeder description. An original creditor is one thing, a junk debt collector is quite another. And far too simplistic to opine that “….if all people paid their bills,” when the complexites and nuances of not paying or not able to pay are overwhelming. Time to check out the overall business models of the status quo that engage in “trick and trap.”

By: T. Rexx

T. Rexx — Thu, 11 Mar 2010 22:54:31 +0000

Unfortunately your case isn’t that unusual. That’s why I created a web-site and products for people in the same boat who could not afford a lawyer. Sounds like you’re in good hands with your lawyer, but remember the Fair Debt Collection Practices Act, which makes unfair debt collection practices (like understating the time for response to a summons?) illegal. Maybe you could scare the collection off completely by filing a counterclaim.

Good luck
T

By: bilbobaggins

bilbobaggins — Fri, 08 Jan 2010 20:31:38 +0000

Thanks very much for putting something like this together. I lost my job a year ago (for a year) and defualted on a credit card, it went to a couple of debt collectors, and now is at a law firm. I tried to contact the credit card to start payments when I got a job and some money together but it was at the collections at that point. In speaking with the collection agencey we almost settled, but before doing so it rolled to a law office. I spoke with them (before reading this helpful post.) and tried to negotiate, but they suddenly wanted $1000 more than the last agency… so no deal on my end.

I’m lost in all the info (and lack there of.)

Question 1) Is settleing debt terribly bad to your credit score assuming you already have poor credit?

I plan on sending them a validation letter as above, I plan on ignoring all knocks at my door I’m not expecting. I plan on no longer admiting the debt. Will this lawfirm sell off my debt again? I’m under the impression that since the credit card sent my debt of to collections can I simply ignore this/stall this stuff until the statue of limitations goes away?

Thanks for the posting!

By: Molly

Molly — Tue, 20 Oct 2009 15:26:27 +0000

Wow. Thanks for sharing your story. Pretty scary thing to happen. I’m in the middle of a situation where I had paid off this debt 2 years ago and still have collection agencies asking for money. I gave more money to a 2nd agency, to get them off my back. It turns out that the original company I had paid failed to give notice that my account was paid for. Now I’m out a good chunk of money and am still waiting for my credit to get cleared up. It’s frustrating dealing with these incompetent people..Sorry, just went on a rant.

By: Good Debt vs. Bad Debt for the College Student

Good Debt vs. Bad Debt for the College Student — Fri, 11 Sep 2009 12:51:57 +0000

[...] Acquiring a little bit of debt during the college years is anticipated. Accumulating too much, however, can get you into a lot of trouble. While it’s tempting to go hog wild and charge up a fortune as you soak up the Orlando sun and the knowledge of the ages, it’s smarter to step back and take a look at good debt versus bad debt. One can help you on the road to life; the other might haunt you for years to come. [...]

By: Broke-Ass Student » Blog Archive » How To Fight Back Against Collection Agencies

Tue, 28 Jul 2009 19:30:34 +0000

[...] Being Sued For Credit Card Debt [...]

By: Broke Ass Student Interview - A Debt Reduction Story

Broke Ass Student Interview - A Debt Reduction Story — Tue, 09 Jun 2009 23:21:25 +0000

[...] mentioned in your blog about how you were “sued for credit card debt”. I’ll point readers to this post, but could you briefly tell us about it? Have you heard back [...]