Hi all,
I'm sure youve been asked this question before, but I was hoping someone could help clarify a few things for me. I received a summons today from the local court that I am being sued for $1000 from a past credit card. This was a card that was issued to me when I was 17 and I paid well on til 2000. Thats when hard times hit and I had trouble with bills, loans, etc for school. I haven't heard from creditors in years until a few months ago. They called saying they needed a full lump sum immediately. I asked them to forward me documentation of the charges, as well as the account info from the issueing credit card company. they never sent a single thing other then a letter with the amount. There are over $500 in late fees added onto my balance that I have no idea of. I explained this today to the lawyer on the summons and he kept saying 'I assume its interest, but its what you owe us'. I want something in writing before I do anything further and they keep telling me"I assume its interest". How am I to know its not just them adding on whatever fees. Honestly, I don;t have records from a credit card over 5 years old. And they cannot provide me with wanything. He told me they will never settle with a lower balance and I either pay it now or continue with the court case. Do I have any rights or protections against being sued? I am unemployed and offered to make payments but they want the whole amount. Am I better off finding a lawyer? I wouldnt even know how to begin all this. I read somewher eonline that there are companies who will fight with creditors to get your balance lower, but will that work if I am already being sued?

