Lawsuit with Jefferson Capital Systems, LLC?
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You might be wondering:
- Who is Jefferson Capital Systems LLC?
- Do I really owe them any money?
- What are my options to deal with this debt.
Essentially, Jefferson Capital Systems is buying defaulted debts, such as private student loans owed to lenders and originators such as Sallie Mae (now known as Navient). After purchasing the debt, they hire a local debt collection law firm such as Forster & Garbus LLP to bring a lawsuit to recover on the debt.
Our office has seen an increase in inquiries from people being sued by Jefferson Capital Systems as an assignee of SLM Education Credit Finance Corp. Jefferson Capital also purchases debts from companies such as US Airwars, and hires collectors such as Dynia & Associates.
As of 10/8/2015, Jefferson Capital has a B+ rating with the BBB. In the last 3 years, 630 BBB complaints have been closed, of which 275 complaints were closed in the prior 12-months. 599 complaints pertain to billing and/or collection issues. The business was opened in 1999. Their president/CEO is David M. Burton. They are based in St. Cloud, Minnesota.
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How Our Lawyers Help Resolve Debts
Most likely, you are reading this page because you are currently being sued by Jefferson Capital Systems, or you have already been sued and have a judgment entered against you. A judgment could potentially result in wage garnisment and even freezing of bank accounts.
Our lawyers defend people from debt lawsuits from companies such as Jefferson Capital Systems. We also fight judgments, and help people negotiate settlements (where appropriate). Contact us today.