Reply #3: Sorry, but these people are idiots.

[tonysam]

$100 to an attorney to write a letter to these credit card outfits would have stopped the credit card companies, and these people probably would never had had to pay a dime on these old debts they can no longer pay. I can't believe people somehow think that if these lawsuits are ignored, the problem goes away.

Patinaude and Felix, a collection agency which hires attorneys to put in real lawsuits, "sued" me five years ago about an old credit card debt ONLY because the statute of limitations for collecting a debt--four years in Nevada--was about to run out. I hired a lawyer right after I received a summons--to write a letter to them and write an answer to the court--and the collection agency backed off. This collection agency recently tried to contact me, but the statute of limitations had already run out the second time.

The key is to NOT get the process started all over again with the SOL by making deals with the collection agencies/credit card companies.

ALWAYS hire a lawyer if credit card companies sue you. It's not that expensive, no more than a couple of hundred but will save you tons of grief in the long run.