[wchambe641]

I am being sued by HSBC for $2000. At first I was stressed but all the creditors do this as a reasurance via the court that debt will be paid. The suit is essentially telling the debtor "to poop or get off the pot". In my suit the creditor is willing to settle and put me on a payment plan the law suit just gives them recoarse if you fall behind or fail to make payments, it's a paper game.

[joanne_moretti]

Hello...I am glad this info is here. I cannot believe this has happened.. someone wrote not to panic, because that is the desired effect, but believe me u panic when u get lawsuit papers and have no idea at first what you are even looking at! and one of the pages in big letters across the top reads: YOU ARE BEING SUED!
Anyway, i had lawsuit papers in my mailbox when i got home from work. it was sent certified mail, but nobody signed for it. i am assuming the mailman did this and left it i don't know. Anyway, I guess I am being sued by CHASE on one of my credit card accounts for the amt of 14k, plus the small legal documentation fee and some other fee which added about $60. Anyway, i NEVER thought this would happen. i have been pre-occupied with saving my house, ctching up on mortgage payments, partly done by taking some money from my 401k. anyway, i AM behind about 3 months on payments, during this time i was looking for a debt consolication or credit counseling agency and i did find one that i am contacting but i guess it's not fast enuf. I know i prob. should have talked with them, but i did not. But geez this seems really fast to jump into a lawsuit...i dont' think it even went to a collection agency. your info is helpful, and they included the "answer" page that i'd have to fill out to answer this suit. and one of my things i can do is to try and negotiate, and/or to get a lawyer, etc. If i want to do this i am supposed to contact them directly BUT if there is a lawyer named, to contact the law office. there is a lawyer..so i guess i should call there? I had ,. of course, planned to include this debt in whatever kind of plan that I come up with when i speak to the place I chose to help me....I have chosen Ontrack Financial Group...but now,,, i guess i HAVE to negotiate repayment with them separate from my other debt? For various reasons i have fallen behind, mainly due to husband getting ill, hosptialized for a few weeks, and we didn't get very much in disability payment...we were already struggling when this happened....Then a little bit after he got back to work, they let him go, and he's now collecting unemployment. So that started the spiral, and i just paid what i HAD to, utilities, etc.... and the mortgage was 3 months behind, so i was concentrating on that. for right now, that situation is up to date and i am negotiating with my mtge company to see if we can lower the mtge payment (CitiMortgage).... I live in New Jersey.... so, i am the only one working, husband is unemployed since July..... So, any suggestions here? I REALLY hope i do not get lawsuits from all the other credit card companies! This is so awful and such a big, dramatic move from them!! I guess lesson i have learned so far is that it would have helped me to communicate with them but i thought i had a little more time... in the past i paid all my bills! a few months of bad luck and they are all on top of you !! I don't think these debts are so old that i don't owe them anymore,,it would be hard to tell because my debts are prob. from orig. purchases made, and then paying them off a little at a time, and believe me, all the interest and fees have added a significant amount to what i owe..... Anyway, this was such a shock.... Thanks for your time........

I owe on some credit cards. I went to court on jan. 26, 2009 and 10-16-09 they decided to garnish my check. I only work nine months out of the year as a asst. teacher. Is it to late to stop this garnishment and use a debt consolidated?

I made the mistake of letting a default judegment bagainst be granted in court. I was dealing with so much with my family that I thought it wasn't serious.now they are about to garnish my wages.I need all my paycheck to pay my kids tuition!I am so scared.i live in nys.thank you for any help;i am terrified so much.

2001? In my state, that goes beyond the statue of limitations and they do not have a case. Show up in court with your defense, and more than likely it will get thrown away.

First find out the statute of limitations on revolving debt in your state. Sounds like they are trying to re - age something from 2001? Thats 8 years!

Oh, I did not see that a default judgement is against you. In that case, find out the method that was served, and go after that defense.. If you were not properly served, then they do not have a case. That the only defense I can think of.

If no one signed for it, its not legit.. I am in business and get "lawsuits" in the mail all the time by bottom feeders looking to intimdate me. Its ridiculous. And other lawsuits I get via certified mail, I ignore. Not signed, not served, no case.

BTW, the lawsuits are not related to debt, just someone trying to bully me

[COLOR=black][FONT=Verdana]Know that entering into a consolidation program with any company to reduce your interest rates, prevents you from purchasing a car or home until the program is completed. This is due to the fact that being in this program will be stated on your credit report. If you quit the program for any reason or miss one payment (ever), forget about buying another car or home on credit until it falls off your credit (7 years from your last payment). This wasn't explained to me when I enrolled and it was impossible buying a car, which I needed for work. I ended up being dropped from the program, because I missed one payment while I was between jobs. However, I did find a good company that settled my debts and they even included free credit repair. I only ended up paying about half of what I owed (including their fee). I recommend DWScott Financial. I think their website is DELETED

you know it's their web address.however posting the link is not allowed per TOS rules.