Atlanta, GA
I am being sued by a CU for a loan made in 2001. Stopped paying in 2003 but they claim last payment was in 2004 in the suit. Thier lawyer sent the contract which was not signed by either parties. They do have a check they gave me with my signature on the back. Because the contract was not signed, can this be enforced as a oral aggreement? in which case the SOL would have passed. They changed thier name and sued me when I sent a request for validation of the debt. I was served on a sunday. What do I do? I don’t have $1500 plus insterest and cost. I am unemployed and even a judgement won’t get them much money. the most I can forsee paying to settle is $300 and that’s a stretch. Would SOL be a valid defense on this? I am not sure how to respond to the summons. Would this be your area of expertise? thanks
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