hi I have collection agencies calling (asset acceptance in particular) for debt that is about 10 years old, and it has been removed from my credit report already. My question; What can they do to collect this money ? Can they take me to the courts ? Can they get a judgment against me ?

I received a summons for credit card debt (the original card was at $2000 limit when I had to stop paying it to try and keep my house when I lost a job.) The lawyer listed on the summons will work out a payment but says they won't "act on the judgment", so rather then take a chance of getting fooled into a default judgment and them liquidating my account, I would like to see if the judge can help me work out payment arrangements with them. Here's some answers to questions I have been asked on another thread, also word for word the summons: Did I get calls or letters, probably yes.

I am getting older and I need to fix my credit and build score up so oneday I can aleast in this life time purchase a home

How can you find out if a lender is lisenced and/or operating legally inyour state?

I need help getting a PDL to stop calling me at work. Its with VIP/QLoot. I sent them a letter yesterday to stop withdrawling from my acct because their illegal in CA and the loan was already overpaid and this morning their blowing up my direct line at work. I finally answered and said I could'nt talk cuz I had a meeting. What do I do???

Where can I get the number to pay off my debt collection?

What is the dispensable part of your income for wage garnishment?

Still trying to settle on a couple of accounts but have settled the bulk of my unsecured debt. Got a rude awakening today when I got a statement in the mail from Chase showing that the settlement amount that I gave them had only been applied to my total balance! Talk about infuriated! Fortunately, I had kept a record of all calls (date, time, individual, subjects discussed, any confirmation numbers given) and correspondence.

We received a letter from RECONTRUST Co. (BofA) re a foreclosure on a house owned by our mother. For a short time, our names (Thomas and Sharon) were on the DEED, but never on the loan. The mother took out the mortgage loan with B of A. Now, its in foreclosure and the above company is coming after us also. Can we be held liable even though we didn't have a loan with them? Thank you.:confused:

We received a Debt Validation Notice from RECONTRUST on the house we didn't have a loan on. At one point our names were on the DEED, as a gift from a mother, but never on the loan. Are we liable for the loan??