Legal Question in Credit and Debt Law in Texas
What is the worst that can happen to me on a credit card default.An investment company purchased it and are trying to take me to court.
Asked on 6/17/10, 2:54 pm
1 Answer from Attorneys
Mark Dunn
Mark D. Dunn
They can sue you, take a judgment, and try to collect the judgment.
If it's been more than four years since you made a payment (or promised to make a payment), you can claim the Statute of Limitations.
Answered on 6/18/10, 9:34 am