Legal Question in Credit and Debt Law in Illinois
Blatt hasenmiller etc.. took me to court over a credit card debt from 2006 for capital one. The credit card limit was 1000.00 and they are sueing me for over 3000.00 . The question is are they aloud to charge that much over the original debt and second can you offer them to settle for less than they are sueing for?. I have to go back to court over this in October
Asked on 8/26/10, 8:13 pm
1 Answer from Attorneys
Jonathan Shimberg
Shimberg and Crohn, P.C.
Interest, late charges and attorneys fees add up. Of course you can offer less, but they will want it in a lump sum.
Answered on 9/01/10, 7:33 am