A Consumer Financial Protection Bureau study shows about 70 million Americans struggle with past-due debts. While you can draw consolation from the fact that you aren’t alone, having debt in collections can trigger unpleasant consequences, such as harassment by a debt collector. The harassment can be anxiety-inducing and stressful. The debt collectors or attorneys can… Read More
Your Options If Sued By A Credit Card Company
Some situations like debt are unavoidable, as they can save you in your hour of need. However, left unchecked, debt, such as that of a credit card, has repercussions and could land you in court. For a credit card company to reach the point of suing you, it will have exploited all other means of… Read More
The Statute of Limitations in Debt Lawsuits
Texas Laws Against Aggressive Debt Collection When it comes to debt collection, consumers have a variety of options to protect themselves against unlawful debt collectors. A 2019 law in Texas strengthened the rights of consumers against debt collection and maintained the state’s short statute of limitations. A statute of limitations is the amount of time… Read More
What is a Writ of Garnishment and How Can You Stop It?
From corporate credit cards or small business loans, business debt can be difficult to manage. If it remains unpaid for long, businesses may face a serious problem: garnishment. Bank account garnishment is a legal process that helps a garnishee, often a bank, collect money from a debtor and give it to a creditor. Unfortunately, it… Read More
Who Are LVNV Funding, LLC And Why Are They Suing You?
These days, it is all too easy to find yourself in debt. The truth of the matter is that if you promised to pay, whether through revolving credit, promissory note, or by verbal agreement, you do legally owe the money. With the state of the world these days, it is easy to just want to… Read More
Can You Declare Bankruptcy to Escape a Credit Card Lawsuit in Texas?
Facing a lawsuit for unpaid credit card debts is stressful enough to wipe away your peace of mind and disrupt your life. The resulting garnishing of bank accounts and seizing non-exempt assets can bring your financial life to a standstill or set it in a dooming downward spiral. However, the Federal bankruptcy code provides a way out if… Read More
8 of the Best Defenses to Creditor Lawsuits
If you’re faced with a lawsuit from one or more of your creditors, then you’ll want to mount the best possible defense. In this article, we’ll discuss what does not constitute a valid legal defense and 8 legally valid defenses that can help you win your case. What is Not an Acceptable Legal Defense? There are several reasons why… Read More
What to Do If You Are Sued by Midland Funding
One of the most common reasons people are sued is because of unpaid debt. If you do not pay money debt that you have incurred, the original creditor or a company that it sold the debt to may have the option to file a lawsuit against you. However, these types of lawsuits can be complex,… Read More
Credit Card Debt: Guide to Responding to Court Summons
If you have been served with a credit card debt summon, you are probably wondering how to respond. The summons may have been initiated by a legitimate credit card company or an aggressive junk debt buyer. Whatever the case, you need to make a legally sound response to avoid trouble with the courts. 1. Review… Read More
Credit Card Company Sues You: First 3 Steps
Being served with a lawsuit for debt is a startling and scary experience. Whether you’ve been served by a credit card company or a debt-buyer, you should not delay seeking counsel. Doing so could result in a default judgment against you. This is a grim prospect. Fortunately, you can avoid it by taking three simple steps. Step… Read More
