Is a debt collector suing you over old credit card debt?
If so, you are probably wondering what to do.
Credit card companies often sell delinquent accounts to debt collectors for pennies on the dollar. Often times the debt collector will file a lawsuit and can do so if the suit is filed withing the four (4) year statute of limitations in Pennsylvania.
Don’t ignore it!
This is the worst thing you can do. If you ignore the lawsuit, the Court will enter a default judgment against you. The judgement will appear on your credit report for as long as seven (7) years. The collector could execute on the judgement, which may include freezing and garnishing your bank account.
What to do!
After being served with the lawsuit, make sure you read all of the documents carefully. If the lawsuit is filed in the Court of Common Pleas, the debt collector should attach to the lawsuit credit card statements starting with a zero balance up through the date of default as well as proof of ownership. You should contact an attorney immediately. You only have so much time to respond to the complaint.
What can I do for you?
The debt collector is hoping you do not respond to the lawsuit so it can get a default judgment. Don’t let this happen. I can review the lawsuit in order to make sure it complies with the Pennsylvania Rules of Civil Procedure. It the lawsuit doesn’t comply with the rules, I may be able to get it dismissed.
Contact my office for a free consultation.