Credit Card Lawsuit

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Afraid of Credit Card Lawsuit? Don't Be - Here's How to Beat It

Author: Erik Brillo

Nowadays, more and more people are being sued over unpaid credit card debt. This is especially true in the declining US economy. For the past two years, more and more people are finding it very difficult to pay their bills, let alone their credit card debt. If you find yourself currently in the middle of a credit card lawsuit, make sure you read this article now to learn the best strategies to beat the lawsuit.

The truth is, a credit card lawsuit can just be another tactic used by third party debt collectors to try to push you over the edge and into the abyss of financial ruin.

Oftentimes, this lawsuit can be defended against.

A lawsuit over a credit debt is almost always the final attempt of a creditor to collect the debt. According to large debt-collection company based in Atlanta, Georgia an average of 279 credit card lawsuits are being filed every single day.

Can you imagine how serious this problem has gotten?

Although it's true that you owe them money that you can't afford to pay, you shouldn't feel sorry about that. Remember it's the credit card companies that penalize you whenever you are late on a payment.

Some lawsuits are brought to the courts by the original creditors or the credit companies, but there are many others that are filed by third party debt collectors. Third party debt collectors are the companies and corporations that have bought the debt, at a huge discount, from the original creditor.

The only way they can make money from the investment they have made with buying all those unpaid debt is to collect the debt back. Since all the debt was bought at a huge discount, they would stand to make a lot of money if just a portion of the sued individuals returned the money.

How to Beat the Credit Card Lawsuit:

1. You must answer the lawsuit. If you fail to answer the lawsuit, the case will be won by the creditor.

2. Seek help from a professional and experienced consumer attorney.

3. Your attorney will help you handle the case almost all of the time, giving you a peace of mind.

4. Since your attorney has more legal knowledge than you do, it's best to let them know of your current situation, as well as any information that you can provide.

5. Know this: When a third party debt collector buys over the debt at a small fraction of the debt, they only get the amount owed, name, address and contact number. That's all. The agreements as well as your personal statement remain with the original creditor. The judge will question the legitimacy of the case.

Conclusion:

To win a credit card lawsuit, you should stay calm and seek professional help from a lawyer or attorney. As debt lawsuits become more and more of a common scene in today's world, you should always keep in mind that there is still a chance to fight back - and having the service of an experienced lawyer will always help you find solid defenses that probably did not even know.

Article Source: http://www.articlesbase.com/credit-articles/afraid-of-credit-card-lawsuit-dont-be-heres-how-to-beat-it-3084650.html

About the Author

Do you really want to be free from credit card debt?

Then you have to read this complete Credit Card Debt Survival Guide to finally free yourself from the financial burdens of credit card debt obligations now!

This Ultimate Credit Card Debt Relief Survival Guide is a must-have manual for people who value the integrity and worth of their personal finances.

Lawsuit Advances: A Brief Review

Author: melvillejackson

Lawsuit advances come as ready help at the time of crisis during the processing of a legal case mainly those involving personal injury and workers compensation. These situations require extra monetary help due to the medical expenses being incurred in order to heal the injuries incurred by the client. This might lead to a situation in which the client might run out of monetary resources. No recourse lawsuit loans are the last resort for clients who are stuck in such situations. However, there are a few ethics that need to be kept in mind at the time of processing these loans. Let us take a short peek into the ethics that govern lawsuit advances.

 

Since long, lawyers have been barred from lending money to their own clients. This is maintained in order to avoid a conflict of interest that might interfere with the lawyer-client relationship. However, lawsuit advances must be dealt as a last resort in cases of financial constraint during the time of a legal procedure. Although some of the expenses incurred might be very high, it is advisable to thoroughly check the funds available with the client or the lawyer before applying for a lawsuit. This is because once the lawsuit advance is applied for and attained, it is the responsibility of the lawyer and the client arrange for the payback after the settlement of the case.

 

Often cases are lost and no financial returns attained by the client. In such cases, no returns are expected from the client and his lawyer. Since there is this chance of no return of the money, therefore, a lot of responsibility lies with client before taking the decision of a lawsuit advance. Different states have separate laws governing the legal interaction between the lawyer, plaintiff and the client. The laws differ from each other from state to state.

 

In some states, laws do not allow direct interaction between the lawyer and the lawsuit financing companies. Therefore, some lawyers refuse to sign contracts with the plaintiff. In such circumstances, the plaintiff will be required to sign a contract with the client. According to the contract the client instructs the lawyer to repay the balance of the lawsuit loan and any associated fees to the lender out of any eventual verdict or settlement, asking the attorney only to sign an acknowledgement of the client's instruction.

 

Preferred Capital Lending have been providing apt lawsuit advances and loans to clients involved in personal injury cases and workers compensation cases, within 24-48 hours of the application being made with their firm.

Article Source: http://www.articlesbase.com/business-articles/lawsuit-advances-a-brief-review-4838849.html

About the Author

Lawsuit Funding - In case you are on the lookout for suitable lawsuit financing companies that give you suitable lawsuit funding at favorable interests, Preferred Capital Funding might be just the right answer for you.

Why Hiring a Texas Credit Card Lawsuit Defense Attorney Is Your Best Option

Author: Adela C.

Credit card companies and debt collectors in Texas are getting extremely aggressive in trying to collect consumer debts.  If the usual harassing calls will not work, they usually file a lawsuit against the borrower.  If you have been sued by a credit card company or a debt collector, then your best course of action is to get the services of a Texas credit card defense attorney.  Hiring a Texas debt collection attorney is the only viable option for you to increase your chance of winning the case outright.

Credit card lawsuits are part of the shock and awe tactics of debt collectors.  They will try to intimidate you to force you to pay the debt.  They are also hoping that you will ignore the lawsuit and not respond immediately.  In Texas, you are required to respond within 10 days after the credit card lawsuit has been filed.  If you fail to respond within the mandated period, a default judgment in favor of the debt collector will be issued by the court.  Once this happens, there is no way for you to overturn the ruling and all your defenses will become invalid.  Within those 10 days, you should be able to get a Texas credit card lawsuit defense attorney who will file the response on your behalf.  So you have to act fast and get a Texas debt collection attorney to thwart the legal maneuvers of the credit card companies and debt collectors.

When facing a lawsuit, there are three options available for you.  First, you can ignore the lawsuit which is a very bad idea because of the reason cited previously.  Your problem will simply grow worse if you fail to answer the lawsuit.  Another option is to represent your self. This is possible but not a very good idea.  Remember that credit card companies and debt collectors have their own Texas debt collection attorney.  You might not be able to match the courtroom and procedural skills of a licensed litigation lawyer.  Your best option therefore is to hire a Texas credit card lawsuit defense attorney.  Your attorney can file an answer that could lead to the outright dismissal of the case.

One of the first things you need to do once you face a lawsuit is to look for a reliable Texas debt relief service.  It can offer debt elimination services for you including the services of Texas credit card lawsuit defense attorney.  A Texas debt relief service has its own Texas debt collection attorney.  The next thing you need to do is to evaluate the competence of the lawyer.  In most cases, you will get free consultation from the Texas debt relief service.  Use this opportunity to assess the skills of the assigned defense attorney.

Credit card lawsuit is very common nowadays.  In fact, the biggest debt collection company in the US files more than 250 lawsuits everyday.  So there is no need for you to panic.  In fact, these types of lawsuits will give you the opportunity to eliminate your credit card debts by defeating the legal maneuvers of the debt collectors.

 

Article Source: http://www.articlesbase.com/real-estate-articles/why-hiring-a-texas-credit-card-lawsuit-defense-attorney-is-your-best-option-3148022.html

About the Author

Getting the best Texas Credit Card Lawsuit Defense Attorney is your best option in defeating credit card lawsuit. Visit our website now so you can hire the best Texas Debt Collection Attorney .

Lawsuit Loans - The Perfect Solution When You Cannot Wait for a Lawsuit to Settle

Author: Joel Mclaughlin

Still, the monthly utility bills keep coming in, and now you have medical expenses on top of all the rest.  Settlement funding is a good option, and one that you may want to consider if your are thinking about settling with the insurance company.

Why should you not take what the insurance company offers you?  Insurance companies are in business to make money just like every other business, and they will offer you far less than you are entitled to.  Many people are desperate, so they settle because they can get money immediately.  Lawsuit loans allow you to get money immediately as well if you qualify, and you can avoid settling for less than you deserve.

Settlement funding companies decide whether you qualify for a loan based on the information provided by your lawyer pertaining to your case. Your attorney will need to submit the application; at this point, the litigation financing company will review it to decide if your case qualifies.  Lawsuit loans are generally offered in a range from $500 to $250,000 depending on how much you are expected to win in your settlement.  If you do qualify, there is no waiting for your money - you will have it the very next business day in most cases.

How do you repay the money?  With lawsuit loans, there are no monthly payments or installments to worry about.  You only repay the litigation financing company at the time you receive your settlement.  What happens if for some reason you do not win your lawsuit?  Lawsuit loans are non-recourse, which means you repay nothing at all in the event that you lose.  You can concentrate on winning all that you deserve without the worries of how you will repay the loan.

Someone else's negligence has changed your life in an instant, and now you're having trouble paying all of the bills.  Don't let the guilty party get away with it!  Lawsuit loans allow you to live a normal life so that you can continue fighting for your rights.

There are no credit checks, no up-front costs or out of pocket expenses involved with lawsuit loans.  It is an easy process that helps those just like you remain focused on getting justice, and getting every dime that you are entitled to.  Learn more online, or talk with your attorney about the possibility of settlement funding today.

Article Source: http://www.articlesbase.com/personal-injury-articles/lawsuit-loans-the-perfect-solution-when-you-cannot-wait-for-a-lawsuit-to-settle-4726908.html

About the Author

Joel Mclaughlin

Learn more about lawsuit loans by visiting Addison Lawsuit Loans.

Motion To Dismiss Credit Card Lawsuit

Author: Allan Henry

A motion to dismiss can be a great tool but is not your best tool in a collection case. Many people have discovered that the banks have been suing people for years with the same complaint forms under the same banking system of rules and procedures. In fact, many of the law firms representing these banks have contributed to the very way these cases are processed by the court.

It is essential to know the rules for dismissal in general, because the court is going to be assuming that all the allegations in the complaint are true. Then if the plaintiffs allegations are not adequate enough to state a cause of action, the motion can be granted. It is important to understand that banks and their attorneys have been using the courts system under the same set of rules and procedures for around a century, since 1913, many of these attorneys assisted with it. You can expect that the complaint templates they are now using withstood many thousands of tests, just like the motion to dismiss you might prepare to file. In other words, there complaint is correct, accurate and written in a calculated form. Your likelihood of having it dismissed in this type of motion is very small. Your only advantage is probably delay.

What you should know is the court will have a hearing on the motion in lieu of you having to file an answer, and after it is denied you will have another ten or twenty days to file your answer. You will know that the answer must be filed because the judge will rule on the motion at a hearing.

The judge is requred at a hearing on a motion to dismiss to stay with in the confines of the "four corners" of the complaint and assume that everything the plaintiffs complaint says is the truth (for the limited purpose of this motion). Then, if any essential elements of the complaint's cause(s) of action are missing, the judge may dismiss part or all of the complaint (usually giving the plaintiff a reasonable time to amend the complaint to cure its deficiency). The judge will not allow the plaintiff to bring in witnesses, present documents, or otherwise add anything to what his complaint states on its face. Such hearings are non-evidentiary. The hearing usually takes places in about thirty to sixty days giving you additional time to delay. There is a slight chance your motion will be granted but don't expect it.

Your chance of having a motion to dismiss granted is not very good for a credit card lawsuit. Your chances are much greater for a non-standard type of lawsuit, like your neighbor suing you in his own behalf with out a lawyer in small claims court over some ridiculous argument. Chances are he used his own form or list of statements that he hand wrote at the clerk's desk when he filed it and paid the filing fee. He probably missed something substantial, but dont think that the attorneys representing the largest banking institutions on the planet "missed something".

Attorneys for these large banking institutions are known for standing in the same place for hours obtaining a series of default judgments. And for those defendants who bother to show up, the judge just asks them to step aside and make payment arrangements then still enters a judgment against them. The only times those complaints are tested is when an attorney is retained for the defense, and because most believe there is no defense except whether or not the complaint was sufficiently plead, they will try a motion to dismiss. Complaints used by the banks are probably impenetrable to a motion to dismiss because they have been using the same successful standard forms for years.

Article Source: http://www.articlesbase.com/law-articles/motion-to-dismiss-credit-card-lawsuit-4083194.html

About the Author
Learn what it takes to win a credit card lawsuit court battle. Get your handy reference to the rules of court at http://www.freedomfromcreditors.com. Feel free to give us a call to ask questions at 1-800-871-6817

The Credit Card Lawsuit Is No Longer a Sure Win for Collection Attorneys

Author: Mel Thompson

Court decisions and legal events around the country pertaining to debt collection by junk debt buyers and their collection attorneys are pointing to increased protection for consumers, whether they owe the debt or not.

According to an Allentown, Penn. newspaper, A Pennsylvania appeals court has thrown out a debt collector's credit card lawsuit against a woman who allegedly owed more than $5,000 on a credit card account because the collector couldn't vouch for the accuracy of the electronic records it presented as evidence.

The court said since everything is computerized these days, the collection attorney handling the credit card lawsuit needed to produce testimony about how the records in question were created and stored.

A local law professor said the decision gives courts guidance and authority to throw out debt collection lawsuits if the evidence doesn't pass muster. It also makes the strategy used by some debt buyers less likely to succeed, said Victoria Coyle, executive director of North Penn Legal Services in Bethlehem, Penn. Junk debt buyers hope consumers being sued will take no action to defend themselves against a credit card lawsuit, giving the debt collector a court victory.  However, when those who owe fight back, the debt collectors are often unprepared to prove their case and walk away, Coyle said.

According to the Wall Street Journal, Encore Capital Group Inc. said it agreed to settle all pending class-action lawsuits accusing the nation's largest buyer of distressed consumer debt of using flawed or even phony affidavits to collect money with credit card debt summons.

"In the most prominent case, an Ohio federal judge ruled in 2009 that Encore violated federal and state laws by trying to collect credit-card debt using a fake affidavit. Some regulators and judges have complained that documents submitted to courts by debt collectors as proof of what a borrower owes frequently are sloppy or fraudulent. The accounts bought by debt-collection firms often lack information about the underlying debts, such as contracts or payment histories, according to judges who rule on collection cases," reported the Wall Street Journal.

According to the Baltimore Sun, Midland Funding LLC, a subsidiary of Encore Capital Group, dropped more than 10,000 debt-collection cases against Maryland consumers under a class action settlement approved Wednesday in Baltimore federal court.

The New York Attorney General's Office has prosecuted a number of debt collection firms for using illegal scare tactics. And just last year, a process server company was found guilty of failing to serve court papers to people targeted by debt lawsuits, resulting in unfair default judgments against them.

Consumers who cannot pay their credit card debt and receive a summons for that debt can educate themselves about how to answer that summons in a book like the Credit Card Debt Survival Guide. Then they can take advantage of the system debt collection attorneys use to make money by not following through with, or providing poor documentation on any cases that need more work than a summons.

 

 

Article Source: http://www.articlesbase.com/personal-finance-articles/the-credit-card-lawsuit-is-no-longer-a-sure-win-for-collection-attorneys-4475657.html

About the Author

Mel Thompson is the author of the Credit Card Debt Survival Guide which explains how consumers who cannot pay their credit card debt can avoid or frustrate collection attorneys and credit card lawsuits.

Make Sure You Know Texas Credit Card Laws

Author: MichaelLokey
Credit companies are having a hard time collecting bad debt and when it comes to the Lone Star state, the possibility of collection becomes even more difficult. Texas credit card laws are among the most strict in the nation. Only a handful of states have followed suit with them.


When a person chooses to charge an item using plastic, it is known as an unsecured debt. If you purchase a car with a bank loan, the car is the collateral against the money you owe. In this case it can be repossessed if the payments are not made. This is not the case when purchases are made using revolving credit.


Garnishment of wages are also prohibited. Federal law states that creditors can take up to 25% of a person's disposable earnings. Our Lone Star state is one of the few states that opted out of this law. Garnishing wages is only allowed when a person defaults on child support or owes Federal money in back taxes. Student loans can also be collected through garnishment.


There are also strict laws against taking possession or placing a lien on a person's home. In fact, your home cannot be touched unless you default on your mortgage or line of equity; owe taxes to the federal government; or you fail to pay a contractor. These are the only conditions under which a lien can be placed against your residence.


If a debtor has not filed for bankruptcy, a credit company can get a judgement to hold money that is in a savings account. If a person has no savings the judgement cannot be acted on. The laws in Texas are so strong that a company will negotiate the amount due to collect something rather than try and obtain a court judgement.


Collector's or their agent's are also expressly prohibited against harassing a debtor. Neither are they allowed to use threats against your income or residence. If their phone calls become incessant enough to keep the debtors phone ringing persistently, they can actually be charged with harassment and fined up to $500.00. An individual has up to one year to file these charges.


A debtor has the right to press charges against any company or its representatives if they use any of the methods listed to secure payment of a debt. The Texas Finance Code must be strictly adhered to at all times. It is a person's responsibility to pay the debts that they owe, but in Texas credit card laws are extremely hard to enforce against the person owing the money.


Article Source: http://www.articlesbase.com/law-articles/make-sure-you-know-texas-credit-card-laws-4693027.html

About the Author
Click here for more information on Credit Card Suit and Credit Card Lawsuits

What To Do If You Are Sued By A Credit Card Company

Author: Justin Baxter

What To Do If You Are Sued By A Credit Card Company

Being sued by a credit card company, a debt collection agency, or other creditor can be a stressful and frightening experience.  The most important thing for a person who has been sued is not to ignore the lawsuit.  A defendant in a lawsuit must follow the proper procedures within the proper deadlines, or they risk a default judgment being entered against them.  This article discusses how a lawsuit works, typical procedures for responding to a lawsuit, and the consequences of the lawsuit.

The Process of Being Sued

If you fall behind on your credit card payments, your lender may sue you.  The credit card company may accept payments or a lump sum settlement, but under most circumstances is not required to accept anything less than the agreed upon terms.  In many cases, this can mean the entire balance on your credit card.

To initiate the lawsuit, the credit card company or debt collector can file a "Complaint" in small claims court, or other trial court.  If the case is filed in small claims court, neither you nor the company will have a lawyer in court.  However, the company may have a lawyer assisting them outside of court.  If the case is not in small claims court, the company will likely be represented by a lawyer.

After the complaint is filed, you will be served with a "Summons" to appear in court.  You can be served in person at home or at work.  A family member or co-worker may receive "substituted service" on your behalf.  You may also be served by mail or by publication.

Responding to the Lawsuit

As noted above, if you do not respond to the lawsuit in the proper form within the allotted deadline, a judgment may be entered against you.  You should read the summons and complaint closely.  If you choose to oppose the lawsuit, you must file an "appearance" within the time allowed in the summons.  It must comply with the Court's rules and say the correct things, or a judgment may be entered against you.

If you oppose the lawsuit, you must have a legal reason for doing so.  It is typically insufficient to appear in Court to explain why you defaulted on your credit card payments, or to request that the Judge require the company to accept payments.  Examples of legal defenses are that the company has sued the wrong person, or that the account was opened by someone other than you without your knowledge.

In some cases, the lawsuit has been filed outside the legal time limit to file such cases.  This is known as the "statute of limitations."  Different statutes of limitations may apply depending on what state you live in, and what state the credit card company is located in.  The applicable statute of limitations may vary depending on the specific facts of your case, and you should contact a lawyer that defends people from credit card lawsuits to determine of this defense applies.

When a Judgment is Entered

If you lose your case, or if a default judgment is entered against you, the result is the same.  The company will get a judgment against you.  That entitles them to take certain steps to enforce the judgment, including garnishing your wages or bank accounts, and in some cases, seizing your assets.  The full extent of a judgment creditor's rights may vary depending on what state you live in.

If a creditor garnishes your wages or bank accounts, you may have the right to object.  Such objections are referred to as "exceptions."  The amount of the applicable exceptions may vary depending on what state you live in.  You must file the proper forms with the court within the proper time allowed.

Discharging Debts through Bankruptcy

If you are overwhelmed by inescapable debt, including credit cards, other loans, and judgments, it is likely you can avoid paying them by filing for bankruptcy.  Not all debts are dischargeable, so you should talk to a bankruptcy attorney to find out if you qualify for bankruptcy, and if you can discharge the debts and judgments against you.

Article Source: http://www.articlesbase.com/bankruptcy-articles/what-to-do-if-you-are-sued-by-a-credit-card-company-2140645.html

About the Author

Justin M. Baxter
Baxter & Baxter, LLP
8835 SW Canyon Lane, Suite 130
Portland, Oregon USA
Bankruptcy Attorney

Credit Card Lawsuits – "but I Owe The Money"

Author: Greg Artim

I hear this one all the time. Potential clients call my office because they have been sued by collection agencies on old credit card accounts. I tell them that we can defend the case and likely win. They often say "But, I owe the money?" 

My response to that is no, you don't.  Most people do not realize this, but here's how it works with a credit card. You obtain a card from original creditor.  Something happens and you lose your ability to pay so you go into default. The original creditor waits up to 180 days and then charges off the account. At this point, the original creditor has 2 choices: 1) try to collect from you by filing a lawsuit; or 2) selling the debt to a junk debt buyer or collection agency.  Often times, the original creditor chooses option 2.

When a credit card account is sold, it is sold not as an individual account, but rather, as part of a group of block of delinquent accounts. Typically, these accounts are sold for mere pennies on the dollar. A group of "good" bad debt (good defined as recently defaulted) may sell for 5 cents on the dollar. It can get sold again and again, each time at lower rates. We have seen instances where $1000 of debt has sold for .25. 

So the purchasing collection agency then files a lawsuit against you. This is where "but I owe the money" comes into play.  From my standpoint, you may owe the money to the original creditor at the time that you default. If they lend you money or extend credit to you, you do have an obligation to pay it back so you do "owe the money". However, once you go into default and they charge it off, they have a choice to make. They can sue or sell. If they sue, then maybe you do "owe  the money".  But if they sell, then I don't believe that you "owe the money" any longer.

Here is my reasoning. You have a credit account and are extended credit. You certainly owe the original creditor something at that point.  Once you go into default, you still "owe the money". I believe, however, that if they sell the account, then you no longer "owe the money" because they have received compensation for you default. When they sell your account they are saying that they no longer want to deal with you and they would like to be compensated for the default. Collection Agency A comes along and gives the original creditor money for your account.  At that point, the original creditor is out of the picture. They have received what they deemed to be adequate compensation for your default.  They would not have sold it otherwise, right?  So if the original creditor is adequately compensated, then you no longer "owe the money" in my opinion.

This isn't to say that a legal interest such as a credit card account cannot be bought and sold.  Those transactions are certainly legal. I am simply looking at this from a debtor's standpoint. If you pay anything to that collection agency, if you believe that you "owe the money" , you are simply paying pure profit to that collection agency. After all, they paid only pennies on the dollar for your account. After the first $30 or so, any money that you pay to them is pure profit.  Do you really "owe the money"?

Article Source: http://www.articlesbase.com/law-articles/credit-card-lawsuits-quotbut-i-owe-the-moneyquot-1972667.html

About the Author

Greg Artim is a partner in the consumer law firm Morrow & Artim, P.C.  based in Pittsburgh Pennsylvania.  For more answers to your debt settlement or credit card questions, be sure to visit his website at PA Consumer Attorney or PA Credit Card Law

The Worst Credit Card Lawsuit Defenses Ever

Author: Greg Artim

I have encountered many people who have tried to defend credit card cases themselves in the past few months and am very surprised at some of the defenses that they think will work. The following are a few of the worst defenses that I have seen, and an explanation as to why they are bad defenses.

I've never had an account with you.

This means absolutely nothing in a court of law. The right to sue someone is a legal interest. A legal interest can be sold, at any time, at any price.  While it may be true that you did not have an account with the collection agency, that doesn't mean that they cannot sue you on a delinquent account. (Whether they can prove that they bought the account is another story).

I tried to pay, but you wouldn't work with me.

This may be the worst defense ever.   "I tried to pay…"  this is called an admission. Who pays on something that they do not owe?  No one.  The admission here is that you did have an account and that you are in default.  The creditor or collection agency does not have to accept any payment other than payment in full, once you are in default.  In addition, a court typically does not determine payment arrangements. Instead, a court determines if you owe anything and then how much. Repayment afterwards is up to the parties to handle.

My divorce decree says that I don't have to pay.

This is mixing apples and oranges. A divorce decree is issued by a family court. While it has a binding effect between the spouses (ex spouse's I should say) it does not bind other parties. The credit card company (or collection agency) is not bound by this divorce decree because its case is in civil court, which is different. The credit card company can sue the named cardholder only, not anyone else, and the divorce decree will not prevent that.

I hired a debt settlement company.

Perhaps the second worst defense, and, the worst move that you could make, period. (This author firmly believes that debt settlement companies are useless and clearly not worth the outrageous fees that you pay them). As stated above, a credit card company or collection agency does not have to accept any payment other than payment in full, once you are in default.

Article Source: http://www.articlesbase.com/law-articles/the-worst-credit-card-lawsuit-defenses-ever-1972656.html

About the Author

Greg Artim is a partner in the consumer law firm Morrow & Artim, P.C.  based in Pittsburgh Pennsylvania.  For more answers to your debt settlement or credit card questions, be sure to visit his website at PA Consumer Attorney or PA Credit Card Law

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