Can a credit card company sue the debtor?
Hello,
I had a $1,500 credit card that I had in 1994 and I paid on it regularly (min payments). In 2001, due to some fiancial difficulties we had to pay one or the other.. our credit cards or mortgage. We went with mortgage. Supposedly our account was written off. After all this time I heard nothing from this credit card company, all the sudden, I'm being served papers, that I'm being sued and now a default judgement has been filed against me in the amount of $3,600 + court costs. Can they do that? If so, how do I keep this from hitting my credit?