Ted Michalos: ThatвЂ™s right. Now exactly what your stated it proper, a lot of people donвЂ™t react to these notices and thus a standard judgment kicks in. But if you decide to inquire a lawyer or anybody from the court exactly how many problems they really read in accordance with just how much personal credit card debt is offered, it is an infinitesimally few. ItвЂ™s one particular facts you but it isnвЂ™t payday loans Brunswick often followed through on that itвЂ™s used as a threat to scare the bejeezus out of.
ItвЂ™s fairly unusual that anyone is truly planning to sue your for the people debts
Doug Hoyes: And thatвЂ™s a point that is key. ItвЂ™s really unusual, comparatively talking, that some body really gets sued.