Yahoo Web Search

Search results

  1. Aug 2, 2023 · You have a much better chance to fight a collection in court if you defend the case than if you wait until a judgment is entered against you. You may also be able to work out a compromise or settlement by negotiating with the debt collector before a court makes a judgment.

  2. People also ask

  3. Dec 18, 2023 · If they aren’t successful after a period of time, they may decide to sue you, or they may write off the debt and sell it to a third-party debt collection agency or debt buyer. The course of action will depend on whether or not there’s a credit agreement and who owns the debt.

  4. Sep 28, 2023 · But if a creditor or debt collector is suing you for defaulted credit card debt and you can’t afford to pay, filing for bankruptcy protection from your creditors may be worth...

  5. Jul 28, 2023 · The FDCPA protects you only from third-party debt collection agencies. So, even if your original credit card company, student loan lender, auto lender, or other lender engages in behavior that would violate the FDCPA, you still cant sue them for violations of the FDCPA.

    • Former Attorney
  6. Mar 16, 2020 · If you owe money to a creditor, like a credit card issuer or medical provider, and you don’t pay, that creditor can sue you. Or the creditor might assign the debt to a collector or sell it to a debt buyer, and then that company can then file a lawsuit against you.

  7. Aug 18, 2023 · If you get sued for credit card debt, it’s important to answer (reply to) the lawsuit. You should also ask the collection agency to verify the debt to ensure that you actually owe it and that they have the correct details about the debt amount.

  8. Feb 15, 2023 · Depending on how much you owe, the circumstances of the debt, and the collection agency, you may face a lawsuit before you know it. What Can Happen if You’re Sued by a Collection Agency? Debt collectors will do anything in their power to legally collect a debt, such as credit card debt or other debt, that you may or may not owe.

  1. People also search for