I’m Doing Debt Settlement and Getting Sued by Chase Bank. – Darlene

Darlene

“Dear Steve,

My husband and I have a judgement against us from Chase for $5200. Our debt settlement company said they would answer the summons for us. The lawyer from Chase said they don’t work with debt settlement. We told them we didn’t have the money to pay (may be losing our home). The next thing we know we received some documents from the local justice court saying “Judgement by Default Without Hearing.” We can’t afford a lawyer and dont know what this means.

The documents we received read “Motion and Affidavit For Entry Of Judgement By Default Without Hearing” Does this mean we just have to find a means to pay it without Chase taking us to court?

Darlene”

Dear Darlene,

There is no rule or law in the United States that any creditor must work with your appointed third-party. In this case, your debt settlement company.

Working with a debt settlement company does not prevent you from being sued, even if the debt settlement company responds to any document or summons on your behalf.

The law allows the creditor to pursue their contractual rights through your agreement with the creditor, and under the law, in the courts.

If you are not paying Chase and have broken your agreement with them, they can sue you and you seem to have no defense to that claim.

I’m not going to address the specific issue about the document they asked you to sign except to tell you to immediately contact an attorney licensed in your state for specific legal advice or contact a local bankruptcy attorney, to go bankrupt and end this issue.

If I was a betting man, which I am not, at least with real money, the safe bet would be that you will lose this fight with Chase, be successfully sued, and that will lead to a judgment against you and a lien against property, wage garnishment, or bank account garnishment.

See also  I am a Sales Professional, Unemployed and Unable to File Bankruptcy Again. - Vicki

Somehow I need to convey to you in a loving and caring way that you need to pull your head out of the sand on this issue and go get legal help. Once you do that, this situation with Chase bank will be resolved, probably through bankruptcy. Let me know what you decide to do.

Sincerly,
Steve

You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.

16 thoughts on “I’m Doing Debt Settlement and Getting Sued by Chase Bank. – Darlene”

  1. Hi Steve
    I had this company call me and said that Chase had sold my loan 6x and Bank of America had sold my loan 5x and I could file a judgement against them I have file bankrupt because I got hurt at work and my income went from 95,000 to 12,000 a year and it has been hard for my to keep the payment up. But I am I have even rented the living room out. Trying to hold on to my houses. My house with Chase in California is up side down but when Chase modificate my loan they did not put it at market value so I am about 150,000 up side down and the one with BoA is only about 15,000 up side down. The laywer said I can file a judgement against them because they have got paid over and and over.

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      • I have also been sued. Mine is by Discover for $12,000. My problem is that that is not my only debt but only 1 of other 5.. My question here is if I hire a lawer…do I need to do that for every debt that I have?? I jave only being sued by Discover for now but if i resolved this by spending more then another card do the same thing what will happen to me?? What do I do?.. Im working 20 hrs a week…really not making any money right now. I tried to talk to Discover lawers today and they want all the money..30% now and the rest on payments for 11 months…I can’t do this.

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  2. Steve’s clearly an attorney that’s why his bias opinion is to seek legal help without looking at all the options. No punt intended steve just like to make money rather than look at the best thing for the consumer.

    Reply
  3. Steve’s clearly an attorney that’s why his bias opinion is to seek legal help without looking at all the options. No punt intended steve just like to make money rather than look at the best thing for the consumer.

    Reply
  4. THE ECONOMIC STIMULUS SACT OF 2009 PROVIDED FUNDS TO THE BANKS LIKE CHASE TO HELP IN THESE SITUATIONS. I HAVE GONE THRU CMS- WHICH IT SEEMS IS A SCAM. I AM NOW BEING SUED BY CHAse too. i plan on fighting it, getting cms investigated and seeing exactly what i can do to help rid myself of any credit card debt. filing for bankruptcy is an option. before i do that i will pursue this economic stimulus program. the government gave the banks money for this purpose.

    Reply

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