I received a summons to appear for pretrial conferance/mediation from a credit card company bal. owed $828.62 I have never heard of this happening to anyone before the card company has already did a charge off...I dont understand
3 Answers from Attorneys
They may have sold the debt. Do they have all the information to prove it?
Agree with Mr. Slater: Creditors "write off" the account as an accounting entry for
tax purposes but it doesn't prevent them from selling the account to a collection
agency or even filing a lawsuit against the debtor. So the issue will be: can they
prove their claim against you?
See a consumer lawyer in your area for assistance. We win these cases 99% of the time. Do not agree to pay without seeing a consumer lawyer. Our fees are nominal since we get paid most of our fees from the credit card companies. "Write off" only means the debt is past due 180 or more days. See www.ConsumerLawyerHelp.com for assistance.