My question involves collection proceedings in the State of: Washington State
I am currently in a bind. I have around $85,000 of credit card debt which includes an unsecured loan.
I am struggling to pay these debt and my wife is now pregnant and had to stop working.
If I decide to stop paying on these debts, what is that average time a creditor would start to sue?
I know legally they could sue if it is only 1 day late, but what amount of time is usually typical?
Unsecured Loan: 21,000
Card 1: $25,000
Card 2: $19,000
Card 3: $12,000
Card 4: $2,000
Card 5: $1,200
I am currently in a bind. I have around $85,000 of credit card debt which includes an unsecured loan.
I am struggling to pay these debt and my wife is now pregnant and had to stop working.
If I decide to stop paying on these debts, what is that average time a creditor would start to sue?
I know legally they could sue if it is only 1 day late, but what amount of time is usually typical?
Unsecured Loan: 21,000
Card 1: $25,000
Card 2: $19,000
Card 3: $12,000
Card 4: $2,000
Card 5: $1,200
Collection Lawsuits: Quit Paying Credit Cards
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