To have any chance of winning a lawsuit there needs to be legal precedence and substantiated evidence. Regarding suing a creditor the consumer would need to prove fraud and/or antitrust violation, bait and switch tactics, breach of contract and so on. The clerk of the circuit or district court (depending on the state) can help you obtain the info. you need. Another option is consulting an attorney specializing in consumer/creditor law.
No. You decided to sign the contract, so it is your fault that you are in debt. Maybe you don't know how to save money from all the jobs you had or you work in minimum wage jobs that you decided to use your credit cards to buy things you need or whatever the reason is, your credit cards are not responsible for your debt. You can negotiate with them to lower your interest rate, but you still have to give them the minimum due each month.
Yes. A creditor can sue for a debt and if they get a judgment they can use the judgment to garnish the debtor's wages.
no you go into a deeper debt with credit cards. creadit cards are not money. you BORROW the money and they want it back really quick.
I am so in debt and I am worried about paying my credit cards. Where can I get advice on credit card debt solutions?
Yes, credit cards are considered debt also.
unsecured debt
Yes. A creditor can sue for a debt and if they get a judgment they can use the judgment to garnish the debtor's wages.
no you go into a deeper debt with credit cards. creadit cards are not money. you BORROW the money and they want it back really quick.
There were no credit cards in 1900, hence no credit card debt.
I am so in debt and I am worried about paying my credit cards. Where can I get advice on credit card debt solutions?
Yes, credit cards are considered debt also.
unsecured debt
YEs but the debt will follow
It is not recommended to apply for new credit cards or use the ones that you told the debt consolidation company that you can't afford the minimum payment. What is the point of using credit cards when you are trying to get out of debt? If you use any of the cards that are in the process of debt consolidation, the company can end your contract and what are you going to do to get rid of your debt?
Once you are enrolled in a debt counseling program, using your credit cards is no longer an option. Credit cards are an easy way to mount up your debt situation. One of the principles in debt counseling is not incurring new debts. You cannot use your credit cards when you are undergoing debt counseling. You will also need to cancel your credit card insurance.
Did you use the card? If so, maybe. I have watched enough Judge Judy to see that it is possible and to win.
Not if it is creditor debt, such as credit cards.
There are many websites that have information on consolidating debt from credit cards. Among them are Care One Credit, Nolo, Family Credit, Money Management, and Wikipedia.