Most Lawsuits for Credit Card Debt Are Flawed and Defective. Fight Back And You Could Win.

Thanks to Jessica Silver-Greenberg from the New York Times we get a great look inside the credit card lawsuits that are rolling out today, and they reek. Judges interviewed for the piece say that if consumers actually appeared in court, they might actually win many of these suits because the debt buyers suing can’t actually … Read more

I’m Being Sued for an Old Debt and Need Help Answering the Interrogatory Questions. – Rocio

“Dear Steve, I was sued for 5,900 by debt collectors representing a bank. I am set for trial and I have no information on how to present my own case. I am being sued by debt collectors and they claim to represent the company that I owe. I am already set for trial within 30 … Read more

Credit Card Debt Lawsuit – Consequences of Settlement Done Wrong

The following guest post was contributed by Alex Vieco of New Era Debt Solutions. Alex is an experienced debt settlement company executive and his company is a member of the AACC that works hard to create fair and balanced debt settlement solutions for consumers with debt issues. If you would like to contribute a guest … Read more

My Mother is Being Sued by Chase. All She Gets is Social Security Income. – Helen

“Dear Michael, My Mother was served a summons today by 2 Sheriff’s Deputies. I haven’t seen the document yet, but it sounds like she is being sued by Chase. She has 30 days to respond to Magistrate Court. The debt is for $10,000 she owes on a credit card. She had a serious health scare, … Read more

Capital One is Suing Me and I Have 30 Days to Respond. – Sue

Sue “Dear Steve, I have two issues really. First, Capital One is suing me and I have thirty days to respond and I am gathering my information for that response. What sort of documentation do I need there? Second, I was co-signer on auto loan for a friend. However, the paperwork and loan docs say … Read more

I Took Out a Loan I Can’t Pay to Consolidate a Loan. – David

“Dear Steve, I took out a loan to consoladate other loan that i had out . Right after i took out the loan which was for 3000 dollars i lost my job a wasn’t able to pay them back. I got so depressed and scared because this was the first time i have ever been … Read more

We’re Behind on Bills and Debt Collectors Are Threatening to Sue Us. – Krisstina

Krisstina “Dear Steve, We’re behind on bills. My husband had to leave his former job when he worked as a delivery driver for a furniture company and his pay became almost non-existant for a few months until he could find another job. We were good enough to stay afloat for a while we were ahead … Read more

What Do You Think Would Be The Best Way to Deal With This Debt? – Harold

Harold “Dear Steve, I have credit card debt of about $30,000. I was out of work for awhile, I tried the self employment thing for several years but couldn’t get ahead with that. I now have a decent job, the pay is only about $23,000 a year but it is steady and it’s government and … Read more

Montana Couple Files Class Action Lawsuit Against Debt Settlement Company Morgan Drexen

A Montana company has filed a class action lawsuit against the debt settlement company Morgan Drexen. Morgan Drexen is accused of violating racketeering laws and the Credit Repair Organizations Act. A newspaper article said: Morgan Drexen has “actively conspired’’ to avoid laws that apply to debt settlement companies and has “engaged in the unauthorized practice … Read more

I’ve Been Unemployed And Behind on My Discover Card. They Are Suing Me. – Liz

Liz “Dear Steve, I have been unemployed due to downsizing since June 2008. I fell behind on my Discover card payments, and now they are suing me for $10,000 plus court costs and interest. I can’t make ends meet on my unemployment check, and even that is due to run out in May. I am … Read more

I Am in Debt to American Express And Being Sued By AMEX. – Linda

Linda “Dear Steve, I have been a customer for 13 years. In that time my payments were never late. Dec. 2007, I was late. A customer rep called me and I handled it right away. (Late payment was the result of an unexpected death in immediate family.) As a result the interest rate was raised … Read more

I Owe Navy Federal Credit Union $17,000. – Garr

Garr “Dear Steve, I owe Navy Federal Credit Union $17,000 the account is charge off but they are take legal act to garnishment or civil suit i am not sure they take a settlement. Garr” Dear Garr, The issue here that you need to take some action to intervene here instead of just watching the … Read more

CACH Letter Says a Sheriff Would Be Sent Shortly. – Douglas

Douglas “Dear Steve, My mother received a collection letter at her home of which I have not lived for a number of years. The letter stated that a sheriff would be sent shortly to serve a complaint. The collection letter said that they are not a law firm, that they were just trying to collect … Read more