Quick question
Date: Mon, 07/06/2009 - 22:27
Also, this is for a credit card that had a limit of 7500, so should I dispute the validity of the amount they are suing for? I'm sure late fees were calculated in etc, but I don't see how this can be correct.
You should first file an answer to the summon in order to avoid
You should first file an answer to the summon in order to avoid default judgment. After filing the response, you can send a debt validation letter to the creditor. Unless the creditor validates the debt, a judgment cannot be brought against you. Moreover, if there is a judgment against you, it will not exceed $$9999.99. The creditor need to give you the details of the debt including principle amount, interest and other charges while validating the debt.
Yea, going today to file an answer, I just don't understand how
Yea, going today to file an answer, I just don't understand how the last page of the summons says assigned amount 9999.99 Accrued interest 4926.57 Total Due 1496.56 - are they just eating that interest in order to sue me for the 9999.99?
Also, it states at an interest rate 18% Per Annum, in my answer can I say something about this as I read the state max in the state of AZ is 10%?
Leaving in 2 hours to go submit answer...kinda nervous.
Leaving in 2 hours to go submit answer...kinda nervous.
The 9999.99 is probably so they can sue you in that court and no
The 9999.99 is probably so they can sue you in that court and not have to file in a superior court for some reason. Make a quick call to the Consumer Rights dept in the State and ask them as to interest.
Hopefully them trying to settle for less in a justice court is a
Hopefully them trying to settle for less in a justice court is a good thing, and may be a sign of something shady on their in...sending my dv letter either this evening or tomm.