Lawsuit for Debt Collection

Lawsuit for Debt Collection

Lawsuit for Debt Collection

By the time debt collection efforts reach the point of a lawsuit, chances are a good deal of time has passed. People often avoid interacting with debt collectors because they are unable to pay.

After all, if you don’t have the money to pay a bill there isn’t much you can do about it, right?

While it might seem as if this approach works for a while, by the time you reach the point of being served with a summons regarding a lawsuit for debt collection, ignoring the problem will no longer do you much good.

As a matter of fact, ignoring a lawsuit for debt collection is the worst thing you can do.

What should you do instead?

If you receive notification you’re being sued for the collection of a debt, you should carefully review the information you receive. Pay special attention to any deadlines listed in the notification. In most cases, you’ll have just a month or less to respond, and failing to meet this deadline can result in serious consequences. At this stage you should consult with a debt relief law firm.

What are Your Options If You’re Sued for a Debt?

You can attempt to defend yourself in Court but usually this will result in a full balance judgment plus attorneys fees and costs.  The best option is to retain a debt relief law firm on a flat fee to assist you with the lawsuit and work out a resolution.  If you have too many other debts then often times Bankruptcy is a good option to consider.

Whether you choose to file for bankruptcy or resolve a debt in another way, or you believe you should not be held responsible for a debt, we can help. To determine if you’re legally obligated to pay a debt or to discuss a lawsuit for debt collection against you, contact 1.800.220.4318.

Mike Weston is a seasoned debt lawsuit defense attorney and founder of Weston Legal. Since 2005, Mike has devoted his career to compassionately helping consumers struggling with issues involving their personal and business debts. Mike is grateful to have been able to help tens of thousands of clients become empowered with knowledge on the path to financial stability.

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