Credit Card Lawsuit — Stop Worrying about That!

Many consumers, who owe credit card debt they cannot pay, are silently waiting for the day a court summons arrives to collect that debt.  First, the likelihood is they WILL NOT get sued.  Second, if they change their all-is-lost attitude, they can achieve credit card debt relief by properly communicating in writing with debt collectors and collection attorneys.  And if that summons ever does arrive,  they need to be mentally prepared to answer it, despite owing the debt it seeks to collect.

Debt collectors and collection attorneys have a weakness.  They have a great deal of difficulty properly documenting credit card debt.  The sooner the indebted consumer demands their debt collector document the alleged debt(s), the sooner that commission-paid opportunist will move onto the next uninformed consumer.  That demand for documentation is called a debt validation letter.  It is backed up by the Fair Debt Collection Practices Act.  For maximum effect it should be sent certified mail return receipt requested (CRRR).  This credit card debt relief strategy works equally well with collection attorneys and will probably force them to decide not to sue.  It worked for me.

Junk debt buyers buy defaulted credit card debts from credit card companies for ten cents on the dollar.  The Wall Street Journal recently reported that it is their common business practice to send out large quantities of court summonses for these credit card debts figuring the vast majority of consumers will not respond because they owe the debt in question and a default judgment will result. According to the Journal, part of the practice is to drop the suit against anyone who answers the summons.  The Baltimore Sun and this article in loansafe.org A Push for More Proof In Debt-Collection Lawsuits report the same thing.

The point is collection attorneys have difficulty documenting credit card debt sufficiently for a court to award a judgment against a consumer who does owe the debt.  But, the consumer must answer the summons demanding proof of contract , an accounting of the alleged amount owed and proof the junk debt buyer owns the debt.

After these properly written communications, the junk debt buyer will probably sell the debt to another junk debt buyer who will begin the collection process again.  Despite actually owing the debt, when that happens it is a sure sign the consumer is winning their battle against debt collectors.

Finding credit card debt relief is a learning experience. Get started with my free 11 Reasons Why You Can Survive the Non-Payment of Credit Card Debt.