Being sued by apartment

Jan 28, 2011

debt collection for broken lease
by: DebtCollectionAnswers.com

It sounds like you do not dispute the fact the you owe this debt, and you also didn't indicate that you think the amounts they are trying to collect from you is incorrect. But you didn't say whether you can afford to pay it at this time.

If you can afford to pay the debt, and it is a legitimate debt, we recommend you do that. if you can afford to settle the debt for less than the full balance and they are willing to accept what you can afford as payment in full, that may be an option for you. Keep in mind, if you make a partial payment, in some states the statute of limitations will start over again. So be very careful when you are dealing with this type of situation.

If you can't afford to pay this debt, then you could ignore it and hope that they won't sue you. We can't say for sure whether they will or not, but since they are contacting you right before the statute of limitations expires, it is possible they could tried to sue before that time period runs out.

Please make sure you at least read the first chapter of Debt Collection Answers online for free so you understand your rights when dealing with this debt collector. Collection attorneys are generally covered by the federal Fair Debt Collection Practices Act just like other debt collectors.

Being sued by apartment

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Being sued by apartment