Kourtnie D
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Depends. Most likely they wont but it really does depend on who the creditor is. I am working with a lady right now that went to court over a 1500.00 debt. If its a large creditor then your probably pretty safe if it sis a small town creditor odds are you will go to court.
Kourtnie D
Prosperity Financial, Inc |
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fashionista
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Pretty high I am sorry to say. Discover took me to court over 278.00 If you are having issues with a credit card I would contact a debt management program, they can take over the acct get the amount owed lower and make you have one minimum monthly payment for all your cc.s Then I would cut all the cards and burn them. |
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TraLaLa
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They are pretty darn good , cause i think in the small print , if they do take you to court , you also have to pay the court costs if you lose. |
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starbrite.
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..WOW your lucky.well not really.they turn the account to collection agent |
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killintimer
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It's almost a sure thing. They have lawyers that are exclusively dedicated to debt collection. These lawyers know they have to take the small cases (like yours) that don't make them much money in order to continue to get the big accounts where they can make a few bucks. |
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Budlightgurl
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It depends on the credit card company. |
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Durango
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wouldn't you?.............. of course they will! |
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heybulldog
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They will probably wait about a yr to take you to court. By then the interest will double or triple what you owe. |
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Stuck in the middle of nowhere
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Pretty good, haven't they got a collection agency after you yet? |
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flowerchild
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Just pay it, geez! Silly girl =) Start slowly, pay the minimums if you have to- bad credit will haunt you for years! |
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Steve R
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100%. |
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lost
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they will and can do this |
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Chris
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Probably pretty good if you don't pay it, it will atleast destroy your credit, which will make it hard for you to get another card, a loan, mortgage, etc. |
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Clam
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Pretty good I'd say. If they don't take you to court they will hound you for the rest of your days so I say, pay up and get them out of your life. |
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kissmymiddlefinger
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you are probably still getting all kinds of late payments and over the limit fees. So who is to say that it is still 2500.
By the time interest is added (it is now at least 23%) to your late payment and over the limit fees, you can double your debt to them in less than a year!
So yes, they WILL take you to court.
A friend of mine had to go to court over 4k.
It was a kangaroo court. Ended up that court just garnished her wages |
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keshequa87
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Slim to none. |
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sunny boy
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100% just keep in touch by phone saying you are trying to make a payment ect. |
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davidcage77
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Taking you to court, probably not that serious, it will cost more in court fees. But they will send the account to a collection agency and it will mess up your credit. If you need to earn extra money, go to www.workforgas.com you can make money over the internet to pay off that bill. Click on some google ads while you are there. |
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Elmo15
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If it's a large bank, it's not likely. Cost more than it's worth. What they do is put you into collection or they charge it off or both. This means it remains on your credit. If it's a charge off, you would have to pay that off if you want to buy a home at least for the first few years after the charge off occurs. So too, a collection for at least a year or two.
Other than that, it jacks your credit for a long time and you're not likely to get a good credit card for a couple of years, but I would not think the average bank would go for a judgment on so small an amount.
Keep in mind, taking you to court, which is the limit of their power, only results in a judgment. A judgment does not go away and almost surely must be addressed before a major purchase such as a home, but it still is ultimately, just another mark on your credit. They can't levy wages or assets like the IRS can.
Why don't you go for a reduced payment in lieu of the full amount. Offer $500 on a payment plan. |
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mags2313
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not very high... they wil just sell your debt out to a collection agency, so then you are the collector's problem... The collectors will harrass you until you pay it, and if you don't, you will have collectors finding you and bugging you everyday, even if you change phones. They will call your neighbors and relatives too. |
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cacheadvertising
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This goes agianst everybody elses answers but they wont. Maybe if it was 25000 dollars. It unsecured debt so they will send you to a collection agency and if they dont collect they will send you to another one and then another. You will be harrassed relentlessly and your credit will be completely shot, but in the end they will just write it off. Just dont plan on getting any more credit card offers in the mail or getting any sort of loan for about 7 years. |
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private
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They won't take you to court. They will just sell your account
to a collection agency, and they will then raise your interest
rate sky high. They have had plenty of practice, long before U. |
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sharriaries
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It probably wont go to court. They will send you to a 3rd party who will try to get the money.
The problem with letting this go is that that amount will double or even triple due to fees and charges that are completely legal.
Ever want to buy a house? A car? Get a cell phone with no deposite????
Then call the company and set up payments!!! |
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