Credit card debt

Either can sue you.

I would worry more about the attorney collections particularly if the attorney is located in your state.

Hi!
Welcome to the forums!

Check your credit report and find out the status of these accounts. Check whether or not the accounts have really been charged off. If the accounts have been charged off, then they will remain on your credit report for 7 years. If the Sol period on the debts have not expired, then you can be sued for non-repayment of the debts. So, if the Sol period has not expired, then it will be better to settle the debt.

If you cannot pay the full amount of the debt, then you can go for debt settlement option. Debt settlement helps you to reduce your debt amount by 40-60%, which may be suitable for you. If you are not able to repay debt, then a collection company has the right to sue you.

Debt settlement can be really helpful to you. At the same time, you have to be sure that you explain your financial obligations to your counselor while signing up with such a program. This way it will also be easier for them to offer the best program to you.

These folks are right, you should consider debt settlement as your number one priority. The longer you wait the higher the chance of getting eventually sued. Although, the amount of debt does not appear to be significant in order for collector to take legal route, nonetheless, I've witnessed some of my clients being sued for as little as 2k. My advice, pick the most favorable debt settlement firm, and proceed with the settlement option the sooner the better. Good luck

one of friend of mine settled down with an agreed amount and she save 50% of her debt. I am not sure how did she do it. Maybe you can settle it too.

pm me, and I will explain to you how it is done.