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| Debt Collection Debt collection statutes, state and federal law, etc. |
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#1 |
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How many times can a judgment be filed for the same debt
7 years ago coming this June, a credit card judgment against me will fall off my credit report. The original debt has been sold many times to different attorney's offices trying to collect. Today I received a notice of lawsuit/judgment from the latest debt collector. How many times can a person be sued, have a judgment filed against them for the same debt? I cannot pay the sum owed and am currently unemployed. Will this new judgment go on my credit record?
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#2 |
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You can only be sued once normally.
--but different collectors can try to collect on the debt until the statute of limitations expires. |
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#3 |
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Thank you so much. I was hoping that was the case. I think their new suit is a scare tactic since they know the original judgment will fall off my report in three months. Thanks again.
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#4 |
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Top Level Member
Last Online:
07-11-2008 01:49 PM Join Date: Mar 2007
Posts: 696
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let us know how it goes!
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#5 |
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I will do that and thanks so much for this site.
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#6 |
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Bankruptcy and vehicle repossession
My vehicle was repossessed today (I called the bank to pick it up). I'm filing for bankruptcy and want to know if the unpaid vehicle debt will be a part of the bankruptcy debt.
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#7 |
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Top Level Member
Last Online:
09-02-2008 10:42 PM Join Date: Mar 2008
Posts: 197
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The balance due often will be yes.
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#8 |
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Posts: n/a
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Thank you very much. Under what circumstances would it not become part of the bankruptcy?
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