Legal Question in Consumer Law in North Carolina

Credit Card Debt

I will be served tomorrow, according to the sheriff's message left on my machine. I believe the suit is over $5,000-20,000 in credit card debt I incurred after marrying ten years ago. My husband's name is not on the cards, nor did he co-sign. We have been making payments on our house for 10 years, and may have 30,000 in equity built up. I will go to court and plead ''statute of limitations,'' as I think it has been over three years for three of the cards. However, I made a payment on one less than 3 years ago. That balance is 5K. If a judgment is obtained, what can they do to us? We have no savings, live paycheck to paycheck, own old paid off vehicles. No stocks. Only real estate is our house. Thanks, I am scared to death about this. (I stopped paying because it was either let the utilities go, and the mortgage go, or pay the credit cards.) My student loans and taxes are paid up.


Asked on 11/13/07, 9:08 pm

1 Answer from Attorneys
John Kirby Law Offices of John M. Kirby

Re: Credit Card Debt

You need to hire an attorney to protect you and to fight the credit card company, especially if the statute of limitations has expired. I have defended one of these actions where the lawsuit was too late, and I was able to get them to drop the suit, but you really need an attorney to get through the legal procedures.

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Answered on 11/13/07, 10:57 pm


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