Lawsuit by Capital One

[Mgilbert8605]

No judgements have been filed against me yet. I’m waiting to be served papers (or at least I assume that’s how this works). Also, settlements for any debts that I have (there are other credit card companies that I should settle with before it gets to my point with Cap1), I file on my taxes? Good to know. Thanks for that. I’m really wondering if I should just file for bankruptcy. In total, I have 30-35k in debt with various credit card companies. I’m not sure how much I can reduce that debt down to.

[Jnbmom]

Yes if they have not gone to court yet you can sometimes settle for less however if you have that much debt you can always consult a BK attorney for a free consult regarding BK.

[fishbjc]

ace:  Cap One came after my sister for under 1500.  Since my Mom has the same name, she called and settled with the attorney.  I *think* she settled for about 1200.  

[Jnbmom]

Capital one is notorious for suing and getting a judgement and garnishing wages.  Been there done that 😯