Sued by Republic Finance?
Republic Finance LLC charges extremely high interest rates
We have defended cases where Republic Finance LLC has sued on loans where they charged nearly 26% interest for basic consumer goods. This level of interest makes it difficult, if not impossible to pay off for many consumers. Below is an actual snippit of a credit agreement from a lawsuit we defended from Republic Finance.
What to do Republic Finance LLC has Sued You
- Do Not Ignore the Lawsuit: Ignoring the lawsuit will result in a default judgement against you followed by potential garnishment of your bank account or wages depending on state collection laws.
- Hire an attorney on a Flat Fee – Navigating the Court process can be complicated. Additionally, you will likely be required to appear in Court one or more times. If you hire an attorney they will likely be able to appear for you. You should know what the fee is going to be and avoid paying a lawyer by the hour since this could get very expensive.
- File a Response to the Complaint: You must respond to the lawsuit by filing an answer with the court within the specified deadline (usually 14-30 days from service). The deadline varies depending on what Court the case was filed in. In your answer, you generally must deny the allegations of LVNV Funding or you will admit the debt.
- List Defenses: In your answer, you can also assert any valid defenses you may have, such as disputing the debt’s accuracy, claiming the debt is past the statute of limitations, or arguing that you’re not the responsible party.
- Attend Court Hearings (or hire an attorney): The Court will likely set deadlines and hearings in your case. Make sure to attend all scheduled hearings and proceedings and handle all deadlines. This is another reason why it is wise to hire an attorney who focuses on debt lawsuit defense.
- Comply with Court Orders: Follow any court orders or judgments. Failure to do so can result in additional legal consequences.
- Prepare for Trial: If negotiations fail and the case goes to trial, work with your attorney to prepare a strong defense and gather evidence to support your position.
- Negotiate a Settlement: Your attorney may be able to negotiate a favorable settlement as opposed to leaving it up to the judge at trial. This is often a wise resolution to eliminate the risks of trial but you must make sure there is a valid written settlement agreement to ensure the debt is actually resolved.
What Happens With a Judgment?
A Judgment Can Often Cloud Title on Your Homestead Property
With a Judgment, certain property can be sold at auction to pay towards the judgment
Do I Need a Lawyer?
Without a Lawyer
With a Lawyer
Most of our cases are dismissed by the creditor prior to trial or we reach a favorable settlement for our clients depending on the circumstances of their situation.