Just because the credit card company writes off your debt doesnât mean that you are off the hook. A credit card debt write-off does not wipe out your liability for or obligation to pay that debt. It is simply a mechanism used by credit card companies to get bad debts off their books. As a result, debt collectors can still call or sue you to collect the debt even after it is written off.
Pre-Lit Paralegal Definition. Pre-lit, short for pre-litigation, is a subspecialty of the litigation practice area. It consists of all action taken on behalf of a potential plaintiff or a potential defendant before a complaint or petition is filed with the trial court.
Litigation Law and Legal Definition. Litigation is any lawsuit or other resort to the courts to determine a legal question or matter. Lawyers who devote time to arguing disputed issues in court are referred to as litigators and those they represent are referred to as litigants. Lawyers are required to litigate some matters, such as qui tam actions for fraud against the government.