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  1. #1
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    Oct 2015
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    Default If You Have Several Delinquent Cards with One Bank, Will They File Just One Lawsuit

    My question involves collection proceedings in the State of: Texas.

    Generally, if you have several delinquent accounts, with one bank, will the bank open several lawsuits, or just one?

  2. #2
    Join Date
    Apr 2009
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    Default Re: If You Have Several Delinquent Cards with One Bank, Will They File Just One Lawsu

    Quote Quoting loanproblems
    View Post
    My question involves collection proceedings in the State of: Texas.

    Generally, if you have several delinquent accounts, with one bank, will the bank open several lawsuits, or just one?
    It all depends. That is truly the only accurate answer you will receive.

  3. #3
    Join Date
    Mar 2013
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    18,340

    Default Re: If You Have Several Delinquent Cards with One Bank, Will They File Just One Lawsu

    It would make sense to file one lawsuit if appropriate to keep the banks costs down.

    On the other hand, filing separate lawsuit would multiply the attorney fees that you'd have to pay and you'd get hit with a pretty big bill when you lose.

  4. #4
    Join Date
    Oct 2014
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    8,238

    Default Re: If You Have Several Delinquent Cards with One Bank, Will They File Just One Lawsu

    That depends on a whole lot of facts that we don’t know, like the timing of each account becoming delinquent, how much is owed on each debt, what kind of loans/accounts they are, what kind of deal the lender has with its attorneys, and what the terms of the loan accounts are. Very generally the lender would tend to prefer to sue for a single judgement on the debts as that is more cost efficient. But depending on other factors it may turn out that the lender files separate lawsuits for them.

  5. #5
    Join Date
    Oct 2015
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    19

    Default Re: If You Have Several Delinquent Cards with One Bank, Will They File Just One Lawsu

    If they don't sue, will the creditor likely sell the accounts separately to the debt buyers?

    - - - Updated - - -

    Are they likely to sue for 6 accounts becoming deliquent, less than 3000 dollars?

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