Is it correct to say that if you are in debt with

Is it correct to say that if you are in debt with CC's (25,000.00), it is unavoidable that you will get sued at some point before the SOL?

2 Answers

Thank you.  What has been your experience with these creditors BOA, Chase, State Farm, Merrick (FNB) and HSBC which is working with Midland Deb Collection.  All debt are about 1 1/2 years old except for HSBC which is 2 years delinquent.


It really depends on the creditors....it is a crap shoot.

How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.

SOL for all states
http://www.debtconsolidationcare.com/statute-of-limitation.html

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