Sued for Unpaid Credit Card Debt

Mar 19, 2011

Sued for Unpaid Credit Card Debt
by: Debcollectionanswers.com

Many law firms are in the business of collecting debts for clients and it sounds like you have been sued by one of those firms. I don't know what the law firm asked you to fill out, but it's important that you figure out what you are going to do now that you've been sued. Doing nothing means that the law firm will almost certainly win a default judgment against you, which will give the firm the right to take a variety of actions to collect on that judgment. Those actions might include garnishing your wages, taking money from your bank account, putting a lien on an asset you own, and so on. Also, the judgment will badly damage your credit history.

I strongly advise you to schedule an appointment with a consumer law attorney in your area who helps consumers resolve their debt collection problems. The attorney can either represent you in the lawsuit or give you advice about how to represent yourself. It's also possible depending on the state of your finances that you may want to consider filing for bankruptcy. The bankruptcy will pause all collection actions against you, including the lawsuit, and give you some breathing space to figure out what to do next. Click here for a free consultation with a bankruptcy attorney.

Sued for Unpaid Credit Card Debt

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Sued for Unpaid Credit Card Debt