I'd rather not mention specifics at this juncture.
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Update,
Consult = done,
Filing answer this week, prepping docs for bk filing, they called my bluff.Comment
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I see a lot of posts here where they stopped paying credit cards over a year ago and they just now getting sued by the OC or CA. Does it usually take that long from the time you missed your CC payments for them to start taking you to court? What's usually the timeframe for the OC or CA to start lawsuit?Comment
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As they say in the car commercials: your mileage may vary. There is no real rhyme or reason.
Smaller amounts tend to get sued before larger ones. Some creditors will sue early on, while others take years if they bother to sue at all. Some may base it on your credit report...default on all huge bills and they probably see a BK in the near future and won't bother. Many prefer to go after someone with assets. In our court system here, Chase constitutes most of the lawsuits on the docket. Most of the other banks are going after corporations or DBAs (business assets.) Chase sues anyone.First consult: You go now, no CH 7 for you. You spent entire buffet. 13 has a 95 percent payback. (Owwwch) On to next consult....Comment
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We had debts ranging from $25 to over $10,000, they sued on a $3200 credit card, I think they sent this out to some collection agencies, I sent them DV's, including the firm they sent it too, they sued a week after sending my DV.
The timeline for getting sued is the highest 12-18 month past due range.Comment
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I agree. when mine hit the real live Law firms, I knew I needed to file. I researched the court docket and could see these firms filing many suits every day, so I knew time was up for me.Originally posted by optimistic1 View PostStopped Paying CC's 2/2009. Retained Attorney 1/10/2010 Filed 1/23/2010. Discharged 5/19/10 $187K CC, $240K 2nd,$417K 1st, No asset Ch-7Comment
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