Is it likely that a creditor will sue for amounts under 5,000?
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Is it likely that a creditor will sue for amounts under 5,000?
No, the don't sue, they go for a judgment against you to recoup their money. You will probably hear from some collection agencies first. They don't care what amount it is.
Quote:
Originally Posted by katherinedomask
Very likely.
Going for a judgment is suing.
If you'd like to share a few more details, I may be able to provide you with some information.
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