What is the SOL for credit card debts in Milwaukee? Does that mean if I don make payments during this time, the creditors won come after me?
Ans: The SOL for credit card accounts in Milwaukee (in the state of Wisconsin) is 6 years. This means, if you don’t make payments during this time period, your creditor can file a lawsuit against you. If you’re having problem in making payments, consult a debt consolidation Milwaukee company and roll over multiple credit cards into a small monthly repayment. This will make your payments affordable and get you out of debt faster. In case you can’t make monthly payments on your bills, negotiate with your creditors and have your account balances reduced by 40-60%. If you can’t negotiate on your own, take help of a debt settlement company who’ll work with your creditors in order to reduce your debt load.
Related Questions
- If payments are made automatically from my bank account or processed to my credit card, does that mean FACTS or LCC has direct access to my account?
- What is the SOL for credit card debts in Milwaukee? Does that mean if I don make payments during this time, the creditors won come after me?
- How can my debts be paid within 3 to 5 years with lower credit card payments?
