Credit Card Debt Defense Strategy
Contrary to want banks want you to believe, not all credit card lawsuits are simple, open and shut cases. We won’t discuss all strategies here for obvious reasons. But here are some basic defense strategies in credit card debt lawsuits.
Does the Lender Even Have a Right to Sue?
Sometimes the lender sues the wrong person, or one who is not legally obligated to pay the debt. If the statute of limitations has expired on the debt, the bank would not be authorized to sue either. There are numerous procedural and substantive defenses that can be employed to defend a credit card lawsuit. You should have a licensed attorney review your situation to be sure you know your rights.
The Borrower May Have Legal Defenses That Apply to Part or All of the Debt.
There are various bodies of law out there that protect borrowers who use credit cards. And there are long-standing principles of common law that date back hundreds of years. Knowing these laws, and being able to put together a viable defense is critical in mounting a serious credit debt defense strategy.
Where Are the Documents?
Any lawsuit requires a certain level of proof. Documents are at the heart of a debt lawsuit. Which ones apply? Where are they? And who signed them, if anyone? These are all questions that must be answered in mounting a defense to a credit card lawsuit.
Credit Card Defense Lawyer
Our firm is skilled at defending debt lawsuits. We use our numerous years of legal experience, knowledge of the law and litigation skills to defend clients who have been sued for credit card debt. The goal is to resolve the lawsuit and reach a settlement of both the debt and lawsuit, without bankruptcy. We negotiate large reductions in credit card debt, both principal & interest, to help our clients settle their debts and move on with their lives.
Free consultation with an attorney.