If your card debt has been sold to another company and they are trying to sue you. Your original card agreement stated that both you and the card company were bound by binding arbitration. The agreement went as for as to state thatâ?¦ â??This arbitration agreement shall survive; any transfer, sale or assignment of your account, or any amounts owed on your account, to any other person or entityâ? So would this be reason to have the lawsuit dismissed? If it was dismissed then what could they do? Make me arbitrate? What if I refuse and they (the arbitration association rules a judgment against me? How could they make me pay if they canâ??t sue me?