answersLogoWhite

0


Best Answer

Two very important things, respond to the summons, and make certain to claim all the property exemptions that are allowed in accordance with the state laws where you live. If you own a home make sure the homestead exemption has been properly filed if it is required. The homestead exemption is what protects the equity in the primary residence and keeps creditors from using a lien to execute a forced sale of the property. If a lawsuit is not defended, and exemption claims are not filed, the defendant loses the case by default. This could result in the loss of real and personal property that would otherwise have been exempted from creditor attachment.

User Avatar

Wiki User

โˆ™ 2009-07-10 13:19:34
This answer is:
User Avatar
Study guides

The law is derived from three main sources what are they

If there is an erroneous payment then

These funds last 5 years have limited use and cannot pay for new obligations

How do you know which transactions are awaiting your approval

โžก๏ธ
See all cards
3.81
โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…
26 Reviews

Add your answer:

Earn +20 pts
Q: What can you do if your credit card company is suing you for nonpayment?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How long before credit card company sues for nonpayment?

Generally, it will sue (or sell the debt to someone who will sue) within the statute of limitations for suing on a credit card debt in your state. This is often 5 years, but it can be less or more.


What can happen if i don't pay my credit card bills?

If you don't pay your credit card bill, the company may put the nonpayment on your credit report. Also, the credit company may sue you in court.


Is there a statute of limitations on suing someone for credit card credit?

one year


If you have both checking and credit cards with the same bank can the bank freeze your checking for nonpayment of the credit card?

Yes.


Can a credit card company bill a consumer for unauthorized charges if the credit card was improperly issued by the credit card company and the card was not activated and was stolen from the home?

Notify them that the credit card was stolen to the credit card company and dispute all the charges on the credit card. You would also have to file a police report if the credit card was stolen. The credit card company must investigate the charges.


Can a company charge your credit card without permission?

No, a company can not charge a credit card without permission. This violation should be reported immediately to your credit card company.


Can a company charge your credit card without your permission?

No, a company can not charge a credit card without permission. This violation should be reported immediately to your credit card company.


Can you be turned down for a credit card that you had claimed on a Ch 7 because of nonpayment if your credit is now good?

Yes. Credit card companies have no obligation to offer an account to anyone they believe could be a future "risk."


Who should you call if a credit card company listed you as deceased on your credit report?

You should call the credit card company.


Will you need to go through a credit check in order to get a corporate credit card from your company if the credit card is in your company's name?

That decision is up to the credit card company. If the corporation is relatively new or had no credit history, the credito card company might demand that you personally guarantee the debt and you will need to have a credit check. If you have been in business a long time, the credit card company MIGHT not require a personal credit check.


How do you find out if your company is eligible for credit card for fair credit?

In order to find out whether or not your company is eligible for this or not, you are going to have to contact the credit card company and ask if you are.


With a 594 credit score can you get a credit card?

no. most of credit card company will decline you appilication.

People also asked