The short answer is please read the credit card agreement carefully, but if yours is like most card agreements, it is undoubtedly wholly one sided and the credit card company holds all the cards. It probably provides that the credit card company can sue you, or take you to mandatory arbitration. It also probably provides for forfeiture of all points.If you owe money it can bring legal action to recover the money. If you have a defense and/or a counterclaim, you can assert the defense and counterclaim in the litigation.