credit question, please help

Old Apr 9th 2003, 6:24 am
  #1  
Jeane Debour
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Default credit question, please help

Please, I need your help in the follwing question:

"Winning a judgment gives the collector a long time to pursue you!!!
What usually happens is the collector gets you to make a payment, and
then they quietly seek a judgment. Most of the time they provide the
court with your old address so you never receive the "notice to appear
in court" and thus the judge grants a "default judgement". The first
time you're even aware of all this is when they drain your bank
account"(http://www.fair-debt-collection.com/...-explained.htm)

Does that mean that if a default judgement has been made, the Statute
of Limitations (7 years in my case-I used to live in Ontario, Canada.
My debts back then were a bounced cheque, a credit card debt and a
department store debt, all amounting to 4000 Canadian dollars) does
not really matter? That is, a default judgement is not restricted by
the 7 year period but can be in force for ever, or can be renewed?
What can a debtor then do, and what alternative action can the
creditor pursue?
 
Old Apr 9th 2003, 8:02 am
  #2  
Jim Humphries
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Posts: n/a
Default Re: credit question, please help

You had better seek the advice of a lawyer if you do not wish to pay your
debts.
Jim Humphries
"Jeane Debour" wrote in message
news:[email protected]...
    > Please, I need your help in the follwing question:
    > "Winning a judgment gives the collector a long time to pursue you!!!
    > What usually happens is the collector gets you to make a payment, and
    > then they quietly seek a judgment. Most of the time they provide the
    > court with your old address so you never receive the "notice to appear
    > in court" and thus the judge grants a "default judgement". The first
    > time you're even aware of all this is when they drain your bank
account"(http://www.fair-debt-collection.com/...s-explained.ht
m)
    > Does that mean that if a default judgement has been made, the Statute
    > of Limitations (7 years in my case-I used to live in Ontario, Canada.
    > My debts back then were a bounced cheque, a credit card debt and a
    > department store debt, all amounting to 4000 Canadian dollars) does
    > not really matter? That is, a default judgement is not restricted by
    > the 7 year period but can be in force for ever, or can be renewed?
    > What can a debtor then do, and what alternative action can the
    > creditor pursue?
 
Old Apr 9th 2003, 11:16 am
  #3  
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Allinall's Avatar
 
Joined: Dec 2002
Posts: 168
Allinall is an unknown quantity at this point
Default Re: credit question, please help

Originally posted by Jim Humphries
You had better seek the advice of a lawyer if you do not wish to pay your
debts.
Jim Humphries
"Jeane Debour" wrote in message
news:[email protected]...
    > Please, I need your help in the follwing question:
    > "Winning a judgment gives the collector a long time to pursue you!!!
    > What usually happens is the collector gets you to make a payment, and
    > then they quietly seek a judgment. Most of the time they provide the
    > court with your old address so you never receive the "notice to appear
    > in court" and thus the judge grants a "default judgement". The first
    > time you're even aware of all this is when they drain your bank
account"(http://www.fair-debt-collection.com/...s-explained.ht
m)
    > Does that mean that if a default judgement has been made, the Statute
    > of Limitations (7 years in my case-I used to live in Ontario, Canada.
    > My debts back then were a bounced cheque, a credit card debt and a
    > department store debt, all amounting to 4000 Canadian dollars) does
    > not really matter? That is, a default judgement is not restricted by
    > the 7 year period but can be in force for ever, or can be renewed?
    > What can a debtor then do, and what alternative action can the
    > creditor pursue?



LOL
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