capital one suing me for 3800
Date: Fri, 10/01/2010 - 17:20
they filed suit last week, i am in new jersey can i settle with the attohrney before trial , would like a monthly payment plan. it charged off in march after i made less than minimum payments up til febuary 2010..
Always check the default date on Capital One lawsuits. The cont
Always check the default date on Capital One lawsuits. The contract states Virginia law applies...3 year statute of limitations. May be a good defense.
They already stated that they made payments until feb 2010
They already stated that they made payments until feb 2010
Quote:Originally Posted by SOAPLADYTry calling the attorney and
Quote:
Originally Posted by SOAPLADY Try calling the attorney and asking.... |
thanks, I have a family member that is a wonderful negotiator that is going to try that . I will be sure to let you know how it went
OK CAPITAL ONE AGREED TO SETTLE BEFORE COURT... they are stopp
OK CAPITAL ONE AGREED TO SETTLE BEFORE COURT...
they are stopping interest. $500 down and 100 a month 33 months charge off will stay but will be paid as agreed in full
Quote:Originally Posted by AnonymousOK CAPITAL ONE AGREED TO SET
Quote:
Originally Posted by Anonymous OK CAPITAL ONE AGREED TO SETTLE BEFORE COURT... they are stopping interest. $500 down and 100 a month 33 months charge off will stay but will be paid as agreed in full |
That's not much of a settlement, my friend. You are still paying the full amount. You just became that collection attorney's wet dream. If you are going to settle for the full amount, I would at least push them hard to remove the charge-off from your credit report. Otherwise, I would answer the suit and let it go to trial. Worst case scenario, if you get through discovery phase and feel that they have solid evidence against you for the full amount, then I would settle to avoid a judgement on your credit history. Best case scenario, they are just BSing you like most credit card suits, and they will dismiss the suit if you answer the summons and fight them back. Stand up for yourself. Don't let them steamroll you. Hell, in most states, you can hire a decent consumer attorney to defend your case for $1000. A competent consumer attorney can 9 times out of 10 beat these scumbag lawsuits. Those are pretty good odds. Which would you rather spend...$1000 or $3800?
Get it in writing, the agreement, do not take chances, cover you
Get it in writing, the agreement, do not take chances, cover yourself, always. Don't just assume they are good for their word. Turns out I can't trust the judge in my case and I should have had a witness. WHO KNEW?
THINK AHEAD.
