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Asked in Baltimore, MD Mar. 27, 2017 ,  1 answers Visitors: 5
heard after 3years I dont have to worry about my credit card debt. Heard just don't pay. What is best?

1 Answers

Anonymous
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Posted on / Mar. 27, 2017 07:59:52

You should contact a local bankruptcy attorney and schedule a consultation before you make any payments on the two older debts. If the statute of limitations has run you will be in a stronger position to negotiate a settlement. If the statute of limitations has not run making a payment may alert the creditor to the deadline. Depending on the circumstances if you settle a debt for less than you owe the amount forgiven will have to counted as income. You can search for an attorney using the Justia "Find a Lawyer" link at the top of this page.

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