Will Credit Card Debt Be Held Against You In A Court of Law?

Will Credit Card Debt Be Held Against You In A Court of Law?

This article was written by Odysseas Papadimitriou, CEO and Founder of CardHub.com, a website that helps consumers trade gift cards and get the best credit card deals.

When you think about debt collections, your mind probably jumps to ringing telephones, strangers on your doorstep and stress. And it’s true—debt collectors are typically quite persistent in their efforts and are liable to try just about anything to convince you to pay. However, as you perhaps know by now, certain rules govern their conduct. Unfortunately though, debt collectors do have the right to sue you for money that you owe. And if you’re not careful in handling your debt, you could very well find yourself on the wrong side of a civil court decision that not only requires you to pay the full balance of what you owe but also holds you liable for legal fees. […]