“Dear Steve,
I have received a summons that I’m being sued for an old credit card I’m not even sure from how long ago the summons just list the name and an amount.The amount is 10,000 I don’t have that to pay or even a reduced amount in a lump sum. My questions are how likely is it that the recovery company will let me make reasonable payments. And should I contact them. I have been told if I contact them it is admitting to the debt. Any suggestions as how to proceed I’m in a financial bracket that I don’t qualify for legal aid but can’t afford an attorney. I would appreciate any suggestions.
Thanks
Janet”
The Answer:
Dear Janet,
If you’ve received a summons it’s now a legal matter. I think you should really listen to my interview with Jason Rapa about the validity of these old debts. See Consumer Attorney Jason Rapa Speaks Out About the Importance of Validating Debt When Sued.
It just might be best at this point to let the court know you don’t recognize this debt and would like the collection to provide proof.
Please update me on your progress by posting updates here in the comments section of your question. I’m very interested in how this works out for you.
If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.