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Help threatning to sue


najere21
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;) ;) I have just received a summons from Erin capital management. They are threatning to sue on a credit card account that was charged off. Should I try to settle the account before it goes to court? Date of last payment was 10/2003 date closed was 03/2004 activity states transfer/sold/paid. original creditor was HSBC NV
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;) ;) I have just received a summons from Erin capital management. They are threatning to sue on a credit card account that was charged off. Should I try to settle the account before it goes to court? Date of last payment was 10/2003 date closed was 03/2004 activity states transfer/sold/paid. original creditor was HSBC NV

Pennsylvania has a 4 yr. statue of limitations which means if you made your last payment in 10/03, then 10/07 would be the end of the statue. I would DV Erin Capital Management and dispute with the CRA's. Make sure you respond, DV, within 30 days of receiving your notice from them. :)++

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You should always answer a summons, if you don't they will win by default. Although you don't own anything right now, it can come back to haunt you later.

I would call the attorney and work out a settlement. Whatever you go get it in writing, and also file it with the court. For example, sometimes you can work out an agreement called "stipulation to pay judgment in installments", where the only way a judgment is entered is if you default on the payments. You both sign it and the judge approves.

Do a search for it on Google.

________

Laguna Heights Condos Wong Amat

Edited by kevin3344
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