How To Fight A Credit Card Lawsuit
Option 1: Do Nothing
This is NOT the way to respond to being sued for a credit card consumer debt.
Doing nothing will result 100% of the time in a default judgment being issued against the consumer. This judgment will remain on a consumer's credit report for 10 years!
Also, once a judgment has been granted, except for a very few exceptions, there is nothing that a consumer (or an attorney) can do to dispute owing the debt, the amount of the debt, or the validity of the judgment.
Once issued, a judgment is valid for 5 years, and can be renewed by the debt collector/debt buyer until the consumer dies.
- A judgment allows a debt collector/debt buyer to attach assets (including a consumer's home).
- A judgment allows a debt collector/debt buyer to garnish a consumer's wages.
- A judgment allows a debt collector/debt buyer to garnish a consumer's bank account.