When Can a Credit Card Company Sue You?

Posted by admin | Uncategorized | Tuesday 17 November 2009 1:40 am

www.FreeDebtExam.com OR http If you have debt, I can help you. Got to FreeDebtExam.com is you’re trying to figure out the best move for you. Go to Debt-Professor.com for anything else debt related.

5 Comments »

  1. Comment by wwe107 — January 30, 2009 @ 2:27 am

    THANK YOU.

  2. Comment by wwe107 — January 30, 2009 @ 2:30 am

    Venue and Jurisdiction.

  3. Comment by brwald01 — March 4, 2009 @ 3:44 am

    Legally the longest a credit card company can wait to charge an account off is 7 months past due. If they receive one payment in this supposed “180 days” which is really 7 months past due- they will charge off at the end of 7 months UNLESS they make a payment to pay the 1st months payment. The credit card company will HIRE representation in the cardholders state and persue the funds that way. aaron get your facts straight.

  4. Comment by HurricaneHeidi — June 27, 2009 @ 4:56 am

    Another important point — each State has a Statute of Limitations on the collection of “unsecured debt” (credit card debt and any debt not secured with collateral). This is usually between 3 and 6 years, after which the lender cannot legally file a lawsuit against you any more. BUT IF YOU MAKE A PAYMENT, the Statute of Limitations begins again from the beginning. It counts from the LAST ACTIVITY on the account. SEE my channel….

  5. Comment by Pookatube — November 12, 2009 @ 11:59 pm

    How about you having to sue the credit card company for DRASTICALLY reducing you credit line? It’s legal!!!!

RSS feed for comments on this post. TrackBack URI

Leave a comment