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Thread: Do not ignore your credit card debts - it can really haunt you!

  1. #1
    Administrator shah's Avatar
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    Do not ignore your credit card debts - it can really haunt you!

    We had a very interesting situation today where a person who owed $3500 on a credit ignored a summon and found out after judgment she owed $115,000 and a lien on her house. The attorney representing the finance company added attorney fees and charges on the judgment. Now to clear this - will be a headache but we are ready for the challenge - bottom line do not ignore the collection agencies or creditors - www.yourdebtsettlementattorney.com
    Shah Peerally is an attorney licensed in California practicing immigration law and debt settlement. He has featured as an expert legal analyst for many TV networks such as NDTV, Times Now and Sitarree TV. Articles about Shah Peerally and his work have appeared on newspapers such as San Jose Mercury News, Oakland Tribune, US Fiji Times, Mauritius Le Quotidien, Movers & Shakers and other prominent international newspapers. His work has been commended by Congress women Nancy Pelosi and Barbara Lee. He has a weekly radio show on KLOK 1170AM and frequently participates in legal clinics in churches, temples and mosques.

    For updates follow us onYoutube, Radio, Facebook, Twitter and LinkedIn. Shah Peerally Law Group PC deals in immigration law - www.peerallylaw.com and www.immigrationlegalblog.com
    Attorney Shah Peerally also deals in debt settlement. For more information call us on 510.742.5887 and visit us on www.YourDebtSettlementAttorney.com.
    Information provided above is for educational purposes only. One should not act or refrain to act solely based on the information provided. You should consult an attorney to assess your case before proceeding.

  2. #2
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    How long can they go after someone if you owe and you did not pay?

  3. #3
    Administrator shah's Avatar
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    For a long time, depending if judgment is filed or not?
    Shah Peerally is an attorney licensed in California practicing immigration law and debt settlement. He has featured as an expert legal analyst for many TV networks such as NDTV, Times Now and Sitarree TV. Articles about Shah Peerally and his work have appeared on newspapers such as San Jose Mercury News, Oakland Tribune, US Fiji Times, Mauritius Le Quotidien, Movers & Shakers and other prominent international newspapers. His work has been commended by Congress women Nancy Pelosi and Barbara Lee. He has a weekly radio show on KLOK 1170AM and frequently participates in legal clinics in churches, temples and mosques.

    For updates follow us onYoutube, Radio, Facebook, Twitter and LinkedIn. Shah Peerally Law Group PC deals in immigration law - www.peerallylaw.com and www.immigrationlegalblog.com
    Attorney Shah Peerally also deals in debt settlement. For more information call us on 510.742.5887 and visit us on www.YourDebtSettlementAttorney.com.
    Information provided above is for educational purposes only. One should not act or refrain to act solely based on the information provided. You should consult an attorney to assess your case before proceeding.

  4. #4
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    I am absolutely satisfied with Shah. If you are in credit card debt and due to some situation beyond control, you are not able to pay it then the better option before you is to bring the clear facts before your creditors and they will surely help you in the shape of negotiating the amount or they may extend your payment time. If you hide clear facts , then they will think that you are avoiding the payment and they may take rigorous action against you.
    Thanks
    Need Any Advice?
    Tax Attorney

  5. #5
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    I have found one really interesting article, talking on how credit card companies use some tricks to keep you in debt:

    • They make it easy for you to spend money. Just because you have a certain limit does not mean you should go on a spending spree, and buy whatever you want.
    • When you spend, the thought of how you are going to pay for it may never enter your head. The bill will arrive, and reckless spending could leave you with a paying problem.
    • Credit cards are often thought of as an extension to one’s income, and used as such until payments have to be made and not enough money is available to pay.
    • You may use your card until it is maxed-out, and then the only amount you will be able to spend is the amount you pay in, less interest and charges of course.

    Source:
    http://www.elitepersonalfinance.com/...p-you-in-debt/

    Hope you will find this interesting.

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