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Old 12-24-2007, 02:16 PM   #15 (permalink)
jlynn
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Quote:
Originally Posted by duke731 View Post
The time frame is about 30-45 days. If they were to sue tomorrow, which won't happen since it's Christmas, what's the process? I've never been sued and working hard so it does not happen.
OK, tomorrow was just to let you know they could sue you at any moment. The process, so to speak, assuming they have a current address for you is to serve you with a summons. $25K debt + attorneys fees+ costs + whatever else they can add will mean you are in a "big boy" court. No small claims for that kind of money. Once you are served, all bets are off on trying to work out a repayment plan. It will depend on how aggressive they care to be.

Quote:
PS. This seems like something, if I can't get it within reason, that may require me consulting with an atty.
Could be.
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