Bokie's response sounds like a debt collector. slimquick gave a great answer same with the sgt. This sounds like a junk debt buyer inflaiting this amount. Do us a favor send another answer giving the following detail on this debt. When was the last payment made on this What state did you live in at the time the debt took place What state do you currently live in. reason for this is to determine when the SOL is up. yes seeing a consumer rights attorney may be wise with this very high amount
by bryan l - 18 hours ago
First, were the papers served by the original credit card company? if so then the Fair Debt Collection Practices Act DOES NOT apply to major credit card banks? It applies only to the collection attorneys and professional debt collection companies they might hire. Original creditors are regulated by state law; however, the major credit card companies follow policies that closely mirror those of the FDCPA and will comply with your request to stop phoning you at home and work, etc., just as if you were dealing with a collection service. If you believe you have been harassed by an original creditor, or that the original creditor has done something illegal or threatening towards you, then research your state laws on the subject and contact the proper authorities to file a formal complaint. Typically, the Attorney General in your state is the proper authority to contact. Second, if the papers are from some third party collection agency, you might want to check the following web site to see if they are listed there; http://www.budhibbs.com/drowning_in_debt.htm As Slimick stated, papers are not served via a stamp. Some agencies will send bogus letters to intimidate people. If they are legitimate, then their should be the court listed on papers, if it is, call the court clerk to verify authenticity. Hope this answers your question LEGAL DISCLAIMER: The advice contained herein is for informational purposes only. It is not to be construed as Legal Counsel nor Legal Advice.
by Sgt Big Red - 18 hours ago
Were you officially served papers by a sheriff (or another official) coming to your residence where you had to sign for the papers? You can't serve someone by sending them a letter with a 43 cent stamp. Debt collectors love to scare people with implying that they are taking them to court. It's hard to tell but this may be a scare tactic. I would start by responding like this: Send them a letter via Certified Mail + Return Receipt stating: Per the Fair Debt Collection Practices Act, I am requesting written validation of this alleged debt Per the Fair Debt Collection Practices Act, I would like to know the name(s) of the attorneys on your end who would be initiating any legal actions against me. I am requesting to know their full names and their license # in the state bar association.
by CatDad - 18 hours ago
These people are not screwing around. They could care less why you have failed to make your payments as promised, If these are not official court papers, then the officail ones will show up soon enough. if it goes to court they will sue for the whole amount and have your wages guarnished. That is embarrassing. Call them and talk with them. They will work out a payment plan but they wont settle for small payments. If the original mount was for 2000 then they will probably settle for that if you can swing it.
by Jay L - 18 hours ago
Why did they let you get $4K over your limit? Looks like they will eventually be taking you to court. A judgement will be filed against you and your wages will be garnished until the debt is settled. Your only option is to go to court or pay off the card with a loan or cash. I doubt the $4K is accrued interest, but if it is, a good lawyer will get that waived since its above the agreed upon credit limit and you should only really owe $2K - if thats only interest.
by cbjr - 18 hours ago
you should get a lawyer, you can always contact one usually for free. The first visit is free so they can get your business. However if you don't use them then you will at least know what to do next
by stlgirl - 18 hours ago
Respond in less than 30 days. You owe the debt and they'll probably take a judgement against you. Which is serious. It effects your credit for a long time. With judgements they can garnish your wages. You obviously don't understand how credit cards are suppose to work. Your the type of person who is a high-risk customer. And continuing in the bad financial behavior will make it harder and harder to get a car, home, credit cards, etc.
by meg420c - 18 hours ago
they dont sound like court papers...there just trying to frighten you into paying $500 a month...bin it.
by desert camel - 18 hours ago
Are you working? It's possible that your wages are going to be garnished. Be prepared for that.
by Micki - 18 hours ago
Contact an attorney that specializes in bankruptcy or credit matters.
by canes77 - 18 hours ago
Who were the papers served by?
by Jon Hall from Cuy. Falls OH - 18 hours ago
Respond or go to jail? Ask a lawyer.
by bokie318 - 18 hours ago
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