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Showing results for tags 'SETTLEMENTS'.
I had a corporate credit card and a corporate credit line in my name from Capital One that the company I owned stopped paying in 2009 when the business closed. I hadn't heard a peep from Capital One for several years even at the old address until I was forwarded a regular letter sent via USPS from a judge. The letter wasn't sent registered or in any special way. How does the judge even know I received this letter? The letter informed me I'm being sued by Capital One. The statute of limitations in the state where the company was located is 6 years. I now live and work in a different state w
When I was in college I was stupid with credit cards, I opened 2 $3000 limit CitiBank cards and maxed them out with no ability to keep up with payments. I was young and stupid! I defaulted on them and they went into collections in 2006. I finally have a job that allows me to beging paying these debts back. I was making payments on one account that began at $3600, got it down to $2500 before they started dicking me around on the other account. On my second account I owed $3900, and agreed to settle for $1500. Which was paid in 10/2012, I was going to work on paying down or settleing the $2500 b