Credit Card Debt - Freedom From Debt

credit card debt, last paid 3 years ago, now bank is requesting payment, what is prescription time?

23. September 2009 · Write a comment · Categories: Credit Card Debt · Tags: 3 Years, credit card, Credit Card Debt, Credit Debt

Gerda J asked:

finance problems, non payment of outstanding debt on credit card for 3 years plus, what are my rights is there a prescription period for debt as financially i am still unable to make te payments, and bank is demanding payment. Should i liaise with them and discuss my financial position or where do i stand, can they legally still sue me after this period, as they have only just contacted me after three years of non contact?

Credit Card Lawsuit: Dismissal Without Prejudice?

20. September 2009 · Write a comment · Categories: Credit Card Debt · Tags: Assumption, credit card, Credit Card Debt, Dismissal Without Prejudice, Fear, Motions

Pyratas asked:

Hi there,

I had a alleged credit card debt that is about 4 months to SOL. A third party purchased the debt and sued me. I hit them really hard in discovery and they had filed and entered “Dismissal w/o prejudice” just before the trial date.

Are there any motions I can file to try to change this to “Dismissal WITH prejudice?”

If so, is it wise to do so, in fear that they have an easy opportunity to re-serve me a new summons before the SOL? (In the assumption that by filing a motion I would have to be present in a Law and Motions hearing)….

Thanks for any advice!