Legal Question in Credit and Debt Law in Washington
Debt Jurisprudence
Is this a legal way of shedding unsecured debt that has gone to collections?
Asked on 1/07/08, 12:11 pm
1 Answer from Attorneys
Elizabeth Powell
ELizabeth Powell PS Inc
Re: Debt Jurisprudence
First, determine whether the debt allegation is valid. If it is not, then the collector cannot go after it. Also, check the statute of limitations. In WA, it is six years, after that they cannot file suit, because they let it go too long.
Next, consider if you can negotiate for a lesser amount. Before you do that, check out budhibbs.com for a detailed explanation of exactly which circle of h*ll you have fallen into.
Hope this helps, Elizabeth Powell
Answered on 1/07/08, 1:21 pm