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.
Begun, but not yet completed; during; before the conclusion of; prior to the completion of; unsettled; in the process of adjustment. A lawsuit is said to be pending from its inception until the issuance of a final judgment by a court. The phrase pending appeal refers to the time before an appeal is taken, as well as to the period during which an appeal is in progress. pending. pending.