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  #1  
Old 01-12-2003, 10:22 PM
ozrkmtndd
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Lawsuit


I live in Louisiana and I am a graduate student. In 1999 I was sued by two CC companies. One followed through and obtained a judgement but the other did not. The SOL for credit card debt has passed, whether they were to determine the SOL from date of last activity or from the court date for that matter, so am I legally clear of that debt? No one has attempted to collect any of the CC debts that I have and all of them have passed the SOL with the exception of the judgement.

Last edited by ozrkmtndd; 01-13-2003 at 09:07 AM.
  #2  
Old 01-13-2003, 08:17 AM
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According to [url]www.creitinfocenter.com[/url] a La. judgment will last for 10 years and carries an interest rate of 9%.
  #3  
Old 01-13-2003, 09:05 AM
ozrkmtndd
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Thank you, I appreciate the response. I guess I was not clear enough. The real question is the CC lawsuit that went through a kind of discovery process and stopped and did not conclude with a judgement.

I believe that the SOL has passed, the date of last activity was in 1998, but I was trying to make sure that the lawsuit itself did not leave the issue open ended or dramatically change the SOL. Also, if the suit with the judgement were to revive would laches ever be a defense?

Last edited by ozrkmtndd; 01-13-2003 at 09:18 AM.
  #4  
Old 01-13-2003, 11:21 AM
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If a judgment has been entered, you have no defense unless you can get it vacated. All the judgment holder need do is proceed with collection. Wage garnishment, etc. Whatever your state law will allow.
Not sure about your other lawsuit that just stopped.
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