Can I be sued for a debt from a closed credit card?

Yes, in Delaware you can still be sued for a debt from a closed credit card. The Consumer Debt Defense Law in Delaware states that if an individual or business fails to pay a debt, the creditor can sue the debtor to recover the money owed. Even if the credit card was closed, the credit card company has the right to pursue legal action as long as the debt is within the statute of limitations. The statute of limitations determines the time frame in which creditors have the right to take legal action to recover a debt owed. In Delaware, the statute of limitations for credit card debt is three years. In order to protect yourself from a potential lawsuit, it’s important to be aware of the debts you owe and to keep track of the credit card accounts you’ve closed. You should contact the creditor and discuss a payment plan to ensure the debt is settled and paid off within the specified time frame. It’s also important to document all communications with the creditor and keep detailed records of all payments made to the creditor to ensure the debt is satisfied. If you do receive a lawsuit, it’s important to seek the advice of a qualified attorney who specializes in consumer debt defense law. An attorney can help you understand your legal rights and advise you on how to handle the situation. It’s also important to respond to the lawsuit and attend any scheduled court hearings, as failure to do so could result in a default judgment.

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Can I be sued for a debt from a closed credit card?

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