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Being Sued By Your Credit Card Company? Stand a Chance and Fight Debt Claims

Being Sued By Your Credit Card Company? Stand a Chance and Fight Debt Claims

Most of us are having problems stretching our paycheck for day-to-day expenses. However, others are having even worse problems by being sued by their credit card companies for mounting debts. Fighting off debt claims is exhausting and in most cases, totally avoidable. If the creditor decides to take matters to court, it’s important to determine the best course of action to take to win the case. Aside from not ignoring the summons when you are sued by your credit card provider, consider the following tips:

Consult With a Consumer Debt Attorney

When you are sued by your credit card company, the first thing you need to do is to find a lawyer, specifically one that has extensive experience fighting debt collectors, ask for advice on what you can do to win the case or ask how other debtors came out on top when they were sued by their credit card companies as well. Finally, don’t forget to ask how to deal with collection harassment and how to avoid being a victim of abusive collectors.

Do Your Research

Don’t be a sitting duck. Familiarize yourself with laws pertaining to debt collection when you are sued by your credit card company. In some cases, debt collectors are known to send out harassing letters and threatening phone calls. You should learn how to protect yourself against such abuse by knowing visiting the Federal Trade Commission website and reading through the FTC guidelines. If lines have been crossed, don’t hesitate to file a complaint for violation your rights under FDCPA.

Cease All Communication

If sued by your credit card company, it’s best to stop all communication otherwise, you will only be hounded by collection agents. In most cases, debtors are relentlessly hounded by creditors and are subjected to abusive collection efforts. If such is the case, you will need to send a Cease and Desist letter to your creditor. Have the letter sent via Certified Mail. This way, your creditor can only reach you through written correspondence alone and can only contact you to notify you that they will press charges.

Document Everything

Keeping a good record of all communications between you and your creditor like email, written conversations, or noted phone calls, might come in handy once you are sued by your credit card company. Additionally, make sure to keep past bank statements, dispute requests, proof of payment, etc., on top of these documents.

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