If you are being sued for debt collection by NCB Management Services, Inc., you may be unsure of how to defend yourself. You may also wonder if it is a scam because you may have never heard of NCB Management Services. Our Texas debt defense attorneys highlight what to know about NCB Management Services below. We also discuss steps you should take if you find yourself facing an NCB Management Services lawsuit in Texas.
What Is NCB Management Services, Inc.?
NCB Management Services, Inc. is a national debt buyer and debt collection company. It buys various types of defaulted credit card and consumer loan accounts from creditors. For example, it purchases credit card, business card, and retail card accounts. It also buys personal loan and auto loan accounts.
Debt buyers like NCB purchase outstanding debt from creditors at a fraction of the price of the debt. Then, they pursue the total amount of debt from consumers to make money. In addition to buying debt, NCB Management Services also works on behalf of original creditors and third-party debt owners to pursue unpaid debt from consumers.
Is NCB Management Services Legitimate?
NCB Management Services is a legitimate debt collection company. The company is not a scam. The company was established in 1994 and is based in Trevose, Pennsylvania. It is a licensed debt collector and accredited by the Better Business Bureau (BBB).
Does NCB Management Sue?
Yes, NCB Management Services may sue for debt collection. Its primary goal as a debt collection agency is to recover unpaid debts from consumers – either for accounts it has purchased or on behalf of its clients. It will generally try other collection tactics before pursuing litigation. For example, it may send letters or make phone calls first in an attempt to collect the money.
If other collection methods fail, then NCB may file lawsuits against consumers. It commonly hires debt collection law firms to handle its cases. For example, it often works with Scott & Associates, P.C. in Texas. Scott & Associates, P.C. has Texas offices in Dallas and Houston. Therefore, if NCB sues you, you will likely hear from its attorney rather than the company.
Why Is NCB Management Services Suing Me?
We understand that you may not recognize NCB Management Services. It is not a creditor, so you would not have taken out a credit card or loan with NCB.
Instead, it may have purchased the debt from your original creditor or is working to recover the money on your creditor’s behalf. If NCB Management Services is suing you, it likely believes you have breached a credit card or loan contract and owe a debt.
What to Do if Being Sued by NCB Management Services
If NCB Management Services sues you in Texas, take action to protect your rights and defend yourself. Here are some steps you can take:
- Do not ignore the lawsuit. Ignoring the lawsuit will not make it go away. Instead, it will likely result in NCB Management Services getting a default judgment against you. If this happens, you lose the case and legally must repay the debt – even if you do not recognize or actually owe it.
- Review the lawsuit documents. Look over the lawsuit documents to understand the allegations against you, which court is handling your case, and how long you have to file a response. You may only have 14 days to file a formal response with the court, so it is vital to act quickly. If you need help understanding the lawsuit against you, please get in touch with our Texas debt collection defense attorneys. We can ensure you do not miss any critical deadlines.
- Consult with an experienced attorney. A Texas debt defense attorney from our firm can review your situation during a consultation. We can help you understand the claims against you and answer your legal questions. We can also help you understand how to move forward and discuss how we can help you reach a favorable resolution in the case.
It is important to understand that you have legal options. Depending on your situation, your legal options may include:
- Challenging the lawsuit. You can demand that NCB Management Services validates the debt. When you place the burden of proof on NCB Management Services, it may not be able to prove that you owe the debt or have other weaknesses in its case.
- Negotiating a settlement. You may be able to reach a fair settlement outside of court to pay back the debt on a payment schedule that works for you. In many cases, we can negotiate a much lower settlement amount than the claimed debt.
- Bankruptcy. Depending on your financial situation, bankruptcy may be a viable option to give you a fresh start. Our Texas bankruptcy attorneys can determine whether it is an option for you.
Does NCB Management Garnish Wages?
If NCB Management Services gets a judgment against you, it may use various methods to collect from you. However, creditors and debt collection companies cannot garnish wages in Texas.
Even so, a judgment against you can result in serious financial consequences. NCB Management may collect from you in the following ways:
- Freezing and garnishing your bank accounts
- Placing a lien on your property
- Seizing and selling your unprotected property
A judgment in Texas lasts 10 years and can be renewed. Under Texas law, if NCB Management Services gets a judgment against you, it can come after you for a long time to get the money. We recommend working with an experienced debt defense attorney to avoid a default judgment and help you resolve the case.
Schedule a Consultation With a Texas Debt Defense Attorney From Our Firm
At Warren & Migliaccio, we have significant experience and success representing and defending Texans in collection cases. We assist individuals across the state and have offices conveniently located in Dallas and Richardson.
We understand that dealing with a debt collection lawsuit is stressful. You do not have to face it alone. Our debt defense attorneys are here to help you navigate the legal process and reach the best case resolution for your situation.
During a consultation, we can review NCB Management Services’ claims against you and help you move forward. Call one of our offices or submit our online contact form, and we will contact you soon.