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 Posted: Tue Mar 29, 2005 6:21 am Subject: can a creditor sue if I am current? |
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I live in NC and have a credit card account with citibank that has been in and out of delinquency, and was placed in collections. I told the first collection agency that I would only deal with citibank, and have not heard back from them. Since then I have been communicating with a law firm representing Citibank, Bernhardt and Strawser, who has indicated that they plan to sue for a judgment.
The account is still owned by Citibank, I have been making monthly payments on my own (Citibank will not set up payments with me, I can't get anywhere with customer support, so I've just been sending them myself monthly, and they have been deposited and my account credited), and while the account is still past due I can bring it current (per the past due amt on my credit report). I've missed about 4 payments in the last 3 years.
What should my strategy be here? Bring it current and increase payments (balance is 11,000 - I'm paying 150/month, 1500 past due)? The first delinquency was years ago, and it's not ben current for about 2 years, though I understand SOL restarts with each payment. If I do have to go to court, what are my best options? While I'm at it, is there a recommended attorney in the Charlotte area that I should contact to represent me?
Thanks.
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jschnople
Joined: 29 Mar 2005
Posts: 1
Debtcc Points: 100
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| Posted: Tue Mar 29, 2005 8:10 am Subject: |
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i will check on some contacts i have in that area and get back to you.
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puchodog
Debt Samaritan
Joined: 23 Feb 2005
Posts: 60
Debtcc Points: 473
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| Posted: Tue Mar 29, 2005 5:35 pm Subject: Check in detail |
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| Quote: | | The account is still owned by Citibank |
Since it was passed to collection agency once, please check again whether the account is with a collection agency or citibank.
| Quote: | | Bring it current and increase payments (balance is 11,000 - I'm paying 150/month, 1500 past due)? |
Most of the companies have some plans for making an account current, like after 3 continues payments.
IMO, contact the customer care once again and ask them how to proceed and whom to contact in such scenarios. Offering a lump sum will help you impress your creditor. Some tips while contacting original creditor is given over at http://www.debtconsolidationcare.com/contact-creditors.html .
Thanks
Denny
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Denny
Site Admin
Joined: 19 Oct 2004
Posts: 1736
Debtcc Points: 75862
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