Timothy Y. asked

⚖️  Law

I was served a civil summons from a company (ASSET ACCEPTANCE LLC) regarding a debt originally with MBNA AM BK from 1999. The debt was charged off and doesn't show on my credit report now. They claim I owe $3000 and will only settle for $2500. What are my options? Should I accept the settlement, hire an attorney to fight it, or do something else?

December 15th, 2023

Danny G. answered

The statute of limitations on the debt in Kentucky is 5 years from the last payment made toward the ...

December 15th, 2023

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