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Being in the collections business, I will guarantee you that people get sued by credit card companies everyday. What can they get? That depends on what state you live in and what the laws of that state permit. I know for a fact that in many cases the defendant can be assessed with attorney's fees, court costs, interest - nasty stuff that could have been avoided if it never went to court. If you want to know what can happen but don't start asking, you will run out of time. Waiting could be it's own answer.

The last posting was probably written by a bill collector. The chances that a credit card company will sue you is very very slim. If the credit card company sells your debt to a Collection Company the Collection Company cannot legally sue you in most states. The big question is" How long can you put up with harassing phone calls and letters?? If it doesn't bother you, don't worry about it.

Sorry, but the above entry is not quite correct. Credit card debt is considered unsecured debt. That does not mean that the issuer or the third party purchaser cannot take legal action to recover monies owed. It is true that the CC company itself seldom sues but sells the account to a collection agency. Collectors do sue for any amount they can get because that is how they make money. All states allow lawsuits for defaulted debts. The issue is not if a person can be sued but what property real or personal can be seized for the repayment of the debt. That matter is where state laws differ in what can be taken, how it can be taken and what the amount can be. For example, garnishment laws differ state-to-state.

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โˆ™ 2013-04-17 17:19:28
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Q: What can credit card companies get when they sue you?
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Related questions

Can credit card companies sue you after or during bankruptcy?

Not likely. They can come to collect if you have a balance but sue you why?

Can credit card companies sue after the settlement for unpaid due?

tyes because u r fat

Can credit card companies sue you if your 65 years old or older?

No. They cannot sue you just because you are 65 years old or older. Yes - They can sue you, if you owe them money

Can you sue your absent husband for not paying a credit card he borrowed money on from you?

Can you sue your absent husband for not paying a credit card he borrowed money on, the credit card is in my name only?

Where to get a credit card?

Banks and credit card companies i guess

Texas statute of limitations on credit card judgments?

The Statute Of Limitation for credit card judgments in Texas is four years. The Statute Of Limitations is a time frame as to when companies can sue you for money owed.

Can the credit card company sue you even though you are not a citizen of the country where you get the card?

Yes. Why should your citizenship matter? If you did something that harmed the credit card company, they can sue you.

How do credit card companies earn profits?

Credit card companies earn profits by charging interest.

When you die can credit card companies put a judgment on my property? I die, your credit card companies have absolutely nothing to do with the situation.When I die my credit card companies will take whatever I owe them.

What are some of the 'major' credit card companies?

Some of the 'major' credit card companies are Visa, Mastercard, and American Express. These three are the three largest credit card companies in the world.

Can you sue for unpaid credit card?

y bro

Can a doctor charge your credit card with out you knowing about it?

if they do then you can sue

What credit card companies offer cash advances?

There are a number of credit card companies that offer cash advances to customers. One can get them from Citi credit cards, Commonwealth Bank Credit card and the HSBC Credit Card.

Who issues credit cards?

Credit card companies.

Where can one find reviews on Credit Card Companies?

There are many places where one can read reviews on credit card companies. One can read reviews on credit card companies at popular on the web sources such as Capital One and Credit Card Guide.

What is meant by credit card companies having to validate?

meaning of credit card

What credit card processing companies are out there?

Credit card processing companies include iPayment, Square, and Intuit Payment Solutions. They are companies that will allow you to take credit cards for your business.

What companies offer guaranteed credit card approval?

When looking for a credit card some type of credit history assessment will have to take place. No companies will offer a guaranteed offer of credit. Some companies are easier to be accepted to if you have poor credit history such as a credit builder card.

Do credit card companies give a credit card to everybody?

Credit card companies have different requirements and qualifications. If you don't have enough proof that you can pay any loan that you will make through your credit card, your application will not be granted.

Can you sue an Indian Casino for revealing information to your spouse about a credit card transaction that he did not know about He is not listed on the credit card?


What companies offer a card balance transfer credit card?

Need a card balance transfer credit card and wondering which companies offer them? There are many companies offering a card balance transfer credit card including but not limited to Discover card, Capital one and Venture rewards.

Do credit card companies keep record of your signed credit card application?

Yes they do.

Can a credit card company sue you in the state of Texas?


If you left the US and have not paid the credit card for a year and now want to return would the credit card companies be able to trace and sue you?

Sure, if you get a job, it would be fairly easy for a "skip tracer" to track you down.

How long does a credit card company have to sue you for unpaid credit card debt?

as long as it remains a part of your credit report, 7 years.