Legal Question in Credit and Debt Law in California
If a credit card company sells my debt to a CA, can the CA sue me? How likely is it they will sue me? How likely is it that a credit card company that has not sold the debt sue me?
Asked on 4/13/10, 11:14 am
2 Answers from Attorneys
Michael Stone
Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE
It's anybody's guess how likely they are to sue you. If a CA does sue you, you may have possible defenses including that they don't have proof of the original debt, and sometimes they sue after the legal time limit has expired.
Answered on 4/18/10, 11:21 am
Robert F. Cohen
Law Office of Robert F. Cohen
I have encountered many aggressive banks who will sue for debts over $2,500. It just depends on what their philosophy might be, how old the debt is, whether the debtor has a job, bank account, other credit card debt, etc.
Answered on 4/18/10, 1:05 pm
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
