@Medic981 wrote:
At this point, I would be more worried about the Statute of Limitations of your debts and being sued. If sued and Chase gets a judgment against you, there is no time limit in place to limit collection. They could go after your bank accounts, garnish your wages, and take your tax refunds until the debt is paid in full.
Once you have either PIF or settled for less than you owe on your debts with Chase, you can start a goodwill letter-writing campaign to ask that Chase adjust your CR by removing the derogatories from your CRs, however, as much time that has passed, the derogatories might fall off your reports before you can get Chase to relent and remove them through GW action.
From what the OP said, this has been going off and on since 2012.
If they have not sued by now, they are never going to sue. The older something is, the less likely there will ever be a lawsuit.
Most OCs file a lawsuit within the first 12 months if they are ever going to do so.
After that the odds drop dramatically. Yes, it can still happen till the SOL, but odds are that it won't.w
Regardless, most defaulted unsecured debt just gets sent to collections for phone calls and letters.
Lawsuits are the rare exception, not the norm.
The OP made a mistake by making the small payments over the years.
In this case since they are obviously not filing a lawsuit, LeeMiro should just ignore the creditor and focus on deleting it with the credit bureaus.
