Have You Been Sued Over Credit Card Debt?
When credit card bills go unpaid, credit card companies eventually sue. If they don't sue, they sell the debt to a third party, who may also attempt to sue. What should you do if you are sued over an old debt that you can't afford to pay?
First, understand that creditors often make their legal position appear stronger than it really is. Sometimes, they have no right to collect payment for old credit card debt at all. In other cases, the lawsuit can be avoided by filing for bankruptcy.
Second, contact an experienced credit card lawsuit defense attorney. The Golden Law Group is one of the leading consumer debt law firms in the Tampa, Florida, region. The firm offers experienced representation paired with competitive, flexible fees.
To find out what they can do for you, schedule a free consultation (no risk, no obligations) with a lawyer at The Golden Law Group. Call 888-325-7602 or contact the firm's offices online.
Know Your Rights: The Statute of Limitations
Credit card debt collectors know that most consumers don't know their rights. For example, did you know that the statute of limitations for collecting on an unsecured credit card debt is four years? That means your credit card company (or a third party debt buyer) can't sue you for a debt that is more than four years old.
If they try to sue on a debt that has expired, that behavior qualifies as a violation of fair debt collection practices. A credit card lawsuit defense lawyer can help you determine if your debt is past the statute of limitations, and if you can benefit by filing a counter suit. Learn more on our creditor harassment and fair debt collection page.
Debt Relief Through Bankruptcy
Of course, many credit card lawsuits are well within the statute of limitations. If you are facing such a situation, you may need to consider different options for credit card lawsuit defense.
First and foremost, you can do so by taking care of your debt. Learn more about Chapter 7 and Chapter 13 bankruptcy. G. Donald Golden, lead attorney at The Golden Law Group, has been named a Board Certified Consumer Bankruptcy Attorney by the American Board of Certification.
If you would like to discuss credit card lawsuit defense with a lawyer at The Golden Law Group, call 888-325-7602 today or contact the firm's offices online and schedule a free consultation.
