Do Not Be a Victim of the Automatic Court Judgment!
The term ‘in debt up to your eyeballs’ begins to make a lot of sense when you are really in that position. It may feel quite literal too as the bills begin to grow into an enormous unpaid stack of useless paper and all the phone calls start going unanswered. While many consumers do find themselves in terrible trouble financially due to money mismanagement, serious financial distress is usually created due to unexpected, and challenging, life events like an illness or the loss of a job, a separation or a divorce, or even the burden of student loan debt which may begin to make everything feel impossible.
Unfortunately, most consumers in these types of predicaments try to carry the weight alone, and often hide everything they are going through from family and friends. If you are on the verge of bankruptcy though, and creditors are constantly in the background, it is time to take swift action with the help of a skilled attorney from a firm like Fitzgerald & Campbell, APLC . The best scenario is being able to grab the bull before the horns before it gets you, negotiating and settling debts before you end up being sued.
Your debt may have already been sold to a debt collections company, and because they buy accounts in volume for pennies on the dollar, they most likely will settle with you for the same—rather than see nothing at all. Keep in mind also, that if you are already being sued, it is not too late to negotiate. A creditor or debt collections agency may still be extremely motivated even after they have served you with a summons and complaint or have a default judgment against you.
Speak with your attorney about whether it is better to respond to a collection lawsuit though and attempt to defend it as well. Often a case will be dismissed as soon as an attorney asks a debt collections agency just to do something as simple as proving they have standing to sue you! If you can fight a collections agency and see both the case and the debt dismissed, you are saved the worry of having a default judgment granted against you—and this is important for four reasons: you save further damage to your credit score, you avoid wage garnishments, your property won’t be seized (over this case, anyway), and your bank accounts won’t be frozen.
If you are concerned about impending creditor lawsuits or fighting a default judgment, consult with an experienced law firm like Fitzgerald & Campbell, APLC as soon as possible. A solution can be found to help you through any of these issues, even if a judgment has already been granted.
Our attorneys have decades of experience in serving clients as they navigate through challenging financial situations, to include collection lawsuits, default judgments, and more. Let us review your case and discuss what would work best for you. We are here to help! Call us today for a free consultation at (855) 709-5788 or email us at email@example.com.
Posted in: Judgments