Legal Question in Credit and Debt Law in New Mexico

Advice on old debt.

I have multiple debt dated back to 2001

that I have stopped making payments.

Can I be sued by creditors? What the best

way to get this resolved? Thank you so

much.


Asked on 12/01/06, 1:24 pm

1 Answer from Attorneys

David Anderson Anderson Business Law LLC

Re: Advice on old debt.

Yes you can be sued and property seized and accounts garnished. However I have helped many clients negotiate payoffs with CC companies without filing Bankrptcy.

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Answered on 12/01/06, 4:12 pm


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