How do you settle a old credit card debt you are being sued for?

First the debtor should determine if the debt is valid. All states have SOL concerning creditor debt where the time limit is set for a creditor to pursue litigation to recover monies owed. If the SOL defense does not apply and the debt is valid the debtor can attempt to negotiate with the creditor for a less then the full amount owed and/or payment arrangements. Please be advised that the SOL defense is not automatic, the defendant must be the one to file on it. If the debt is negotiated in lieu of a hearing (trial) the debtor must be certain to obtain a written contract stating all the details and signed by the person of authority before making any settlement/payment. It is not advisable for the debtor to allow a creditor pursuing debt collection information to his or her personal finances such as a bank account.