Sued for credit card debt
Date: Mon, 05/16/2011 - 07:11
I am being sued for credit card debt. I am preparing to go to court next Monday, without a lawyer. If I am able to come up with the total amount due, can I reach settlement without injuring my credit score too much. Please advise. Thank you.
If they are suing you, it means you are already way past due, wh
If they are suing you, it means you are already way past due, which in turn means your credit has already taken a major hit.
In this regard, you may negotiate with your creditors and try to
In this regard, you may negotiate with your creditors and try to settle the debt.
But, settlement always have a negative impact on your credit report. However, as you are being sued for credit card debt, it means that your credit score has taken a hit already due to late payments.
I agree with Sally. It is somehow a risk to take, but it is bett
I agree with Sally. It is somehow a risk to take, but it is better to settle it and agree to an amount. wish you all with blessings. ;)