Tointo20 Posted March 22, 2007 Report Share Posted March 22, 2007 I just received two letters from my local court from two different creditors for a complaint they filed against me. One is for $1696.00 and another for 862.00. I can pay them somthing each month but not much these debts are nearly five years old. I can pay probably $20 a month on each debt, I dont have the money to hire an attorney for this. So what are my chances in court on this and how in the world do I answer their complaints? Thanks. Link to comment Share on other sites More sharing options...
thouston Posted March 22, 2007 Report Share Posted March 22, 2007 I just received two letters from my local court from two different creditors for a complaint they filed against me. One is for $1696.00 and another for 862.00. I can pay them somthing each month but not much these debts are nearly five years old. I can pay probably $20 a month on each debt, I dont have the money to hire an attorney for this. So what are my chances in court on this and how in the world do I answer their complaints? Thanks.How old are the accounts? In Ohio I think after six years for credit card debt they can't sue you in court, though you are obligated to pay when you can. Check the website below. It tells the SOL for all type of accounts, so you can determine whether or not they can sue you in court.http://www.bankrate.com/brm/news/cc/20040116b2.asp#oh Link to comment Share on other sites More sharing options...
thomassl Posted March 22, 2007 Report Share Posted March 22, 2007 I just received two letters from my local court from two different creditors for a complaint they filed against me. One is for $1696.00 and another for 862.00. I can pay them somthing each month but not much these debts are nearly five years old. I can pay probably $20 a month on each debt, I dont have the money to hire an attorney for this. So what are my chances in court on this and how in the world do I answer their complaints? Thanks.It's very important that you answer the summons promptly. Failure to do so will allow the creditors to get a default judgment whereby they can garnishee 25% of your income. We don't know how old the debts are so we would need this to determine is possibly they are out of SOL. It depends on the type of debt. Ohio has a 15 yr. old SOL for written contracts and promissory notes and 6 yrs. for oral contracts and open ended accounts. Credit card payments are considered open ended accounts. Ohio is also one of the states that if you pay on a debt, it resets the clock for the SOL. You need to provide us with more information. As stated initially, answer the summons. Even if you have to appear in court, you can state your circumstances. I am not sure if Ohio has a mediator process but if they do, you could possibly meet to discuss a plan of payment. You can contact the county courthouse and they should be able to tell you. Link to comment Share on other sites More sharing options...
thouston Posted March 22, 2007 Report Share Posted March 22, 2007 Ohio is also one of the states that if you pay on a debt, it resets the clock for the SOL.I keep reading this in various messages. I called all three credit bureaus this morning, and was told Paying an old debt does NOT reset the clock on reporting (on credit report) for another 7 years in any state. But it can reset the time a creditor can sue you in all states to my knowledge.The belief that payment resets the reporting period on credit reports, is an outdated law, which the FCRA changed in 1997. http://www.carreonandassociates.com/articles/reportingtime.htmhttp://www.carreonandassociates.com/articles/7year-rule.htm Link to comment Share on other sites More sharing options...
CarolinaBlueEyes Posted March 22, 2007 Report Share Posted March 22, 2007 I thought the SOL in ohio was 15 years? Link to comment Share on other sites More sharing options...
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