Ask Experts Questions for FREE Help !
Ask
    wilhaney's Avatar
    wilhaney Posts: 4, Reputation: 1
    New Member
    		  
    #1

    Feb 28, 2010, 09:31 PM
    My credit card, credit union loan will all go away after the California 4 yr statute
    I have credit card debt as well as a unpaid auto loan from a credit union. Will that all go away after the California 4 year statute of limitation. What's the chances of getting taken to court and a getting a judgement. Can bank accounts be attached? Can liens be put on my home if it's in a trust?
    DownUnder's Avatar
    DownUnder Posts: 492, Reputation: 24
    Full Member
    		  
    #2

    Mar 1, 2010, 10:50 AM

    Well first of all have you tried to work out a payment plan and pay this off? After all you do owe it. How long have you not been paying on this? I'm pretty sure before the sol's come around you
    Will be hearing from them. If you ignore this you can except a judgement and then your bank account will be frozen and if your state allows a wage garnishment could happen. I would not just wait until the statues of limitation to come around
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Can credit union repo car because I am 4 months deliquent on credit card they issued me? [ 5 Answers ]

Can my credit union repo my car because I am several (3 or 4) months delinquent on my credit card from the same credit union? I have been on time on my car payment and they are refusing to post my car payment to my car loan because I am delinquent on my credit card. They are threatening to repo my...

Statute of limitations Illinois credit card [ 2 Answers ]

What is the statute of limitations for a credit card debt in Illinois

Credit Union Loan [ 3 Answers ]

I have a loan with a local credit union. It is an unsecured loan. They are threatening to exercise their "legal rights". What does this mean? I only have a savings account with them, which I was forced to keep open because of this loan. The balance is about one dollar. Will they send this to a...

Credit Card Statute of Limitations [ 2 Answers ]

I have recently been sued by a collection agency attorney. Mann-Bracken. The credit card that this suit is for is showing on my TransUnion credit report as Date Closed: 3/2003 with a remark, Closed by consumer. I live in Pennsylvania where the statute of limitations on this type of debt is 4...

View more questions Search