Unlike the federal government, who can garnish your wages if you don’t
pay back your loans, private lending companies like credit card companies
generally cannot garnish wages without taking legal action. When you receive
notice of a
credit card lawsuit, take the following steps.
Don’t Ignore It
It can often be tempting to just ignore a situation in the hopes it will
disappear eventually. However, unlike 3rd-party debt collectors, you can’t just hang up on a court of law.
If you ignore the lawsuit, your credit card company can get a default
judgment against you, which will give them additional powers to collect
the debt, including seizing your bank account or
Organize Your Documents
While you’re preparing to go to court, go through your files, records,
and mail to collect any information you have about the credit card debt.
Hire an Experienced Defense Attorney
If you’re getting sued by a lender, it's important that you take
appropriate action promptly. Your initial lawsuit answer will set the
foundation for the defense of your case, so this step should not be taken
lightly.A seasoned lawsuit defense attorney will be your ally in identifying
your strongest defenses, so that whether you take the case to trial, or
you negotiate a settlement, you will be in a position of relative leverage.
You'll want to have an advocate that is familiar with the unique facts
of your case so as to maximize the savings achieved on any potential settlement.
Furthermore, it's always reassuring to know that your stipulations
and other legal documents are being reviewed by a license lawyer before
they are being signed.
Show Up to Court
The court will schedule a hearing, and you or your lawyer will have to
be there at the right time and place. If you don’t show up, the
creditor could become entiled to a
default judgment against you. Depending on the circumstanced, the court may or may not
excuse a default for failing to file court papers or for failing to hire
an attorney on time.
If you’re facing a lawsuit, make sure you’re prepared. Talk
to our New York and New Jersey
debt defense lawyer today. Simon Goldenberg is a highly skilled lawyer who has years of experience
helping people with debt settlement. Contact us at (888) 301-0584 or fill
out our online form to schedule a free initial case consultation.