Collection Lawsuits & Default Judgments: Don’t Let Worries Over Court Deter You
A surprising number of consumers in the US were living paycheck to paycheck before the COVID-19 pandemic struck the US with a vengeance—and tens of millions of paychecks vanished altogether. While previous to stay-at-home orders and lockdowns we were mulling over whether to worry about yet another quarter of historic highs regarding consumer and household debt, suddenly the entire US economy was in question. Ironically though, suddenly many federal student loans were deferred through the CARES Act, and debt collectors were forced to quiet down for several months. Even though financial issue loomed larger than ever for the US as a whole, the heat was off of most consumers for the spring.
Now, however, as creditors and debt collectors have returned with renewed aggression to see debts satisfied, you may be worried that you are going to be sued—or you could have already been served with a summons and complaint. Contact an experienced attorney from Fitzgerald & Campbell, APLC as soon as possible to help you figure out a strategy for dealing with your debts. If you have been served with a collections lawsuit, the key is to act as soon as possible (most likely you have 20 to 30 days within being served) in responding. Procrastination could lead to much worse problems; and not only that, you may be extremely surprised to see how quickly you attain positive results in allowing your attorney to speak with and negotiate with your creditors—as well as answering to the lawsuit and defending you.
The majority of defendants do not respond to collections lawsuits. Credit card companies, for example, are very used to suing cardholders, sending their attorneys to court, and seeing default judgments granted almost immediately against debtors who are absent. This means that as the creditors or debt collections agencies, they are almost automatically imbued with the power to garnish wages (and in California, that means up to 25 percent of your disposable income), seize your valuable property and have it sold at public auction, as well as levying bank accounts—and not always with much notice beforehand—if any.
Contact Fitzgerald & Campbell, APLC now. Let us review your case and discuss what would work best for you. We are here to help! Our attorneys have decades of experience in serving clients as they navigate through challenging financial situations, to include collection lawsuits, default judgments, and more. Click here to schedule a free 30-minute consultation, or call us at (855) 709-5788, or email us at firstname.lastname@example.org.