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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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55335625 No.55335625 [Reply] [Original]

What is the threshold where credit card companies will sue you for unpaid debt?

>> No.55335702

bump

>> No.55335736

B.ump

>> No.55335753

>>55335625
sue you? All they can do is take you to small claims court where you will then say you dont have any money

>> No.55335777

>>55335753
they can still get a judgement against you and garnish your wages. What is the amount they will attempt that instead of just sending it to collections?

>> No.55335869

>>55335777
if the amount if its worth them paying legal fees for
I'd guess 6 digit amount of debt

>> No.55336811

>>55335777
checked but wat if i just claim bankruptcy?