Top 3 Options To Avoid Judgement On Default Credit Cards

How Does One Aviod Judgement On A Credit Card In Defalult?

Make no mistake. Credit Card Companies can and often do sue Debtors/Consumers, to collect on the past-due balance on Credit Cards. While working at a Bankruptcy Prevention Law Firm, I witnessed a number of Clients being sued for Credit Card Debt.

Luckily my team was able to help a majority of the Clients prevent being sued for Credit Card Debt. Today, I'll break down the Top 3 Options to avoid Judgement on Default Credit Cards.

Before we get started, it's important to know that the response to being sued, mostly depends on the person in Credit Card Default. But below are three options for the Consumer to consider.

1. Pay the past-due balance.

This first option is like surrendering to the Debt. Why? Because many Debtors/Consumers have been tricked and trapped into more debt. And sometimes what the Creditors say you owe may not be accurate. So before one uses this option, it's best to do due-diligence and verify that what is claimed to be owed - is accurate.

2. Learn The Particulars.

Is the Debt collectible? Has it passed the Statue of Limitations for Collections? Is the business suing when they don't have any right to sue? These are a few of the particular questions that the consumer needs to address before surrendering to the debt. It's important to check the particulars before the Consumer goes to Court to defend themselves.

3. Come to a Settlement Agreement.

Once a Consumer is to the point where they are being Summoned to Court for the past-due balance, it's likely that they can settle the account before going to Court. Settling out of Court is a valid and safe option, but only if done properly.

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DEBT WARRIORS™ are not Attorneys. WE ARE experienced Credit Repair and Debt Management, Negotiation and Debt Settlement Coaches. WE teach American Debtors how to manage and settle their debt (for themselves). The information on this blog, should not be considered legal advice. Debt Warriors offer helpful Credit and Debt "Self-Help" video course, Personal Finance, and information products.

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