How is calling a lawyer going to help you? First, your lawyer will provide you with context and information. They can help you better understand your situation, provide excellent legal advice on how to move forward and represent you in any lawsuit you choose to follow. If you win the lawsu...
If your old credit card debt has been sold to a debt collector, the collection agency's first approach is often to make contact and discuss payment options. This process usually begins with letters and phone calls that urge you to settle the debt in some way, whether through partial payme...
What Should I do in a Debt Collection Lawsuit? What is a Federal Summons? Discussion Comments ByTalentryto— On Mar 05, 2014 Hiring an attorney could get costly Heavanet. If your sister has the proof that her credit card debt includes fraudulent charges, she may want to try to plead ...
A few different scenarios could occur if a judgment is issued against you for your old credit card debt.
Debt collection services If you're being subjected to nonstop calls from a debt collection service or attorney, a cease and desist letter is an effective tool for getting them to stop harassing you by citing the federalFair Debt Collection Practices Act, which governs how debt collectors must ...
What is a cease and desist letter? Read on to learn how demand letters are used, why they're used & common uses for cease and desist letters.
Whatever the reason, ignoring a debt collection lawsuit can mean big trouble. In Alabama, if a judgment is entered against you, the creditor who got the judgment can do several things as far as trying to collect on the judgment. It can garnish wages and bank accounts, it can force the ...
The advantage for the claimant in this example would be that they are given a settlement package. The advantage to the insurance company is that once the claimant signs the waiver, their responsibility to the claimant, as well as the exposure to a future lawsuit, is waived. ...
If you face a lawsuit for a time-barred debt, do not ignore it. You’ll need to respond to the lawsuit and prove to the court that the debt is beyond the statute of limitations. This can protect your rights and help prevent any enforcement against you. ...
Being judgment proof is not permanent. Judgments can be valid for many years, and creditors can continue to try to collect what the judgment allows long after they win a lawsuit against adelinquentborrower. Judgments can also remain on the individual's credit report for many years, even beyond...