Legal Question in Bankruptcy in New York

did not pay

I loss my credit cards due to unemployment I was going to file for a bankruptcy but did not pay anything at all for about 4 years my creditors will still find me where I'm or collection agency from time to time I received a letter from collection agency since I have not steady job and not making enough money to settled for a payment plan.

they will still hunt me for a payment or they will stop after few years what should I do..

Thanks


Asked on 7/25/02, 9:42 am

1 Answer from Attorneys
Lance Spodek Lance Roger Spodek, P.C.

Re: did not pay

They have the legal right to seek payment for 6 years from the default (last payment). If they start a lawsuit within 6 years from the default they can collect the judgment for 20 years. This is New York State law. The only state I practice in.

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Answered on 7/25/02, 5:43 pm


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