Our client fell on some difficult times several years ago. He was struggling financially and had to choose between feeding his family or paying a credit card. The choice was obviously not a difficult one to make. Several years went by and the client never heard about the credit card debt again.
Out of the blue, he was sued for over $14,000 by a major national debt buyer. The client was really getting back on his feet, however, being sued for $14,000 was a troubling experience. Although he was doing much better financially than in years past, he did not have $14,000 laying around. He was concerned about a judgment being entered and his paycheck or bank account being garnished. He spoke to several lawyers who told him that they could probably work out a deal to pay between 35% and $40% of the debt and get him a payment plan to pay to off over 2 years. The client wanted to live up to his obligations, but having to pay this debt would put him right back in financial distress. Fortunately, he called Loan Lawyers.
This debt buyer knows that we sue for all sorts of debt collection violations under the Fair Debt Collection Practices Act and other laws designed to protect people with debts. With just a few phone calls (and little chest pounding), we were able to get this debt buyer to dismiss the case against our client, completely wipe out the debt, and remove it from his credit report. All of this was done within 2 weeks. This case study is a great example of how important it is to choose the right law firm if you have been sued over a defaulted debt.
If you find yourself on the wrong end of a lawsuit, call Loan Lawyers right now at 1-888-FIGHT-13 for your 100% free consultation with one of our attorneys and let’s discuss what magic Loan Lawyers may be able to work for you!