How Do I Answer a Lawsuit for Credit Card Debt Collection?

Answer Credit card companies typically employ a variety of strategies to compel customers to make past-due payments. Most credit card companies have in-house collections divisions that make telephone call... Read More »

Top Q&A For: How Do I Answer a Lawsuit for Credit Card Debt ...

Can a collection agency file a judgment on you for credit card debt?

A collection agency can and will sue you in civil court over credit card debt. If the collection agency wins, they will receive a judgment. Depending on the terms of the judgment, the agency can th... Read More »

Can a credit card company sue after selling your debt for collection?

After a collection agency purchases your debt, it owns your account. Although the collection agency may opt to file a lawsuit against you to collect the debt, the original creditor has already writ... Read More »

Does a lawsuit by a debt collector affect credit score?

On One Hand: Nothing To Worry AboutThe mere filing of a lawsuit won't affect your credit score. Nothing will appear on your credit reports unless the debt collector wins in court and is awarded a j... Read More »

How long after a credit card debt judgment can a debt be collected in Michigan?

The statute of limitations on collecting a judgment in Michigan is 10 years. Keep in mind that if the debtor is paying off the judgment in installments, the statute of limitations is put on hold du... Read More »