What does the terms praecipe to discontinue mean? 3 Answers as of July 09, 2013

I was taken to court and I would like to know if this debt is paid or can the company suing me can come after the full amount of the credit card again. This loan was supposedly sold to another company and they are calling stating that this is written off but not paid. What is the next step?

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Law Office of D.L. Drain, P.A.
Law Office of D.L. Drain, P.A. | Diane L. Drain
If a debt was paid then it should be gone. If the creditor "wrote off" the debt it just means they sold it to another creditor/collection company. That new creditor can sue you.
Answer Applies to: Arizona
Replied: 7/9/2013
Edelman, Combs, Latturner & Goodwin, LLC | Daniel A. Edelman
This is not a term used in Illinois. It may mean a dismissal without prejudice which does not bar further collection action.
Answer Applies to: Illinois
Replied: 7/9/2013
Noel Law Firm | Elizabeth V. Noel
It depends on whether the praecipe was filed with or without prejudice. With prejudice means that the case is closed. Without prejudice means that the plaintiff can refile the suit against you.
Answer Applies to: Maryland
Replied: 7/9/2013
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