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-   -   Consumer Credit Transaction Summons (https://www.askmehelpdesk.com/showthread.php?t=273615)

  • Oct 25, 2008, 08:26 PM
    Tami847
    Consumer Credit Transaction Summons
    :confused: I received a "summons" for a store account from years ago. It states that I have to show up in court, but it does not give an index number nor does it have a stamp that validates the summons. Is this real? And what will happen if I don't show up?
  • Oct 25, 2008, 08:57 PM
    Fr_Chuck

    If it is not real, you show up and you will not be on the court docket, if it is real and you don't show up, they win everything they are akng for automatically.
  • Oct 25, 2008, 10:37 PM
    showell64

    What is the name and citation of the US Supreme Court decision(s) stating (a)that credit card accounts are open accounts and (b) that the statute of limitations of the State in question as to credit cards is that which pertains to open accounts?
  • Nov 6, 2008, 10:02 PM
    mlr08

    Federal law has mandated that credit cards are always considered "open accounts' although I guess some local courts like to consider them "written" as the SOL is generally longer.

    You can find the name and citation of the decision under Statute of Limitations at E-Document Package - you'll have to scroll about halfway down the page but it's there.
  • Nov 6, 2008, 10:03 PM
    mlr08
    One more thing... it was established in The Truth of Lending Act if that helps.

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