Q: Opened line of credit in 2005. in 2011 mortgage co wrote it off..Now I am being sued for same loan. What can I do..
A: You do not provide enough details. What do you mean by the "mortgage company wrote it off." When was this? Why? Did you get a 1099c? Who is pursuing you now if so?
Depends on your circumstances, but your options are: (1) file bankruptcy; (2) try to defend in litigation if you have valid defenses; or (3) try to settle this or work out some arrangement depending on what is owed.
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