- Take money out of your bank account
- Garnish your wages
- Put a lien on your home or other assets
Each court will set a timeframe - typically 20 or 30 days - in which to respond to a lawsuit. If you don’t, the collector will likely ask the court to enter a default judgment against you. If the judge grants the collector’s request, you will probably not have an opportunity to appear in court and defend yourself.
Once a collector wins a default judgment against you, it can have many different options to satisfy that judgment. Although the rules that govern what (and how much) a collector can take vary by state, generally speaking collectors may attempt to:
As intimidating as those official legal papers can make you feel, resist the urge to bury your head in the sand. The lawsuit and the collections agency won’t simply disappear if you ignore them.
No matter the specifics of your situation, it’s best to seek the help, guidance, expertise, and support of a professional to help you. Any time you are sued, it is important that you consider consulting with an attorney to discuss your legal options. You could also hire a debt relief professional with experience in resolving debt collection efforts by creditors. Possible remedies to collection agency lawsuits include settling the debt and/or hiring an attorney to defend you.
Collector Files Suit
You get Served
You Hire Professional Help
Debt is Resolved
With 30+ years of combined experience in helping people find a solution to getting out of debt, the staff at CountryWide Debt Relief has helped thousands of consumers save millions of dollars and we can help you! Here are a few reasons why you should consider us:
"I originally heard about Countrywide Debt Relief via the pink flyer that I received at my home earlier this year. I responded to the flyer and I am very glad that I did. Prior to working with Countrywide, our debt situation was completely out of control. The pressure exerted by creditors on our family and the associated financial and emotional stress created a really difficult situation. The kind and understanding people at Countrywide helped us come up with a payment plan that would be sustainable and ultimately enable us to cope with the debt while dealing in a fair and straightforward manner to those to whom we owed money. They have been dealing directly with our creditors relieving the stress and thereby enabling us to resume our lives, and livelihoods, creating a real path out of financial difficulties. It is difficult in writing how the professionalism and outstanding services at Countrywide has enabled us to reduce stress, regain financial security while achieving a debt free life. This has had broad and positive implications for the happiness and opportunity my family has now regained. I wanted to take this opportunity to sincerely thank you and your team for the work that you do to help families such as ours become debt free and live happier and more fulfilling lives."
Barry G.West Hills, CA
Case Study #21051 - Client from West Hills, CA saved $265,163 by enrolling in CountryWide’s Debt Consolidation Program
Client #21051 needed debt consolidation help because they were sued by a creditor after losing their business and falling behind on paying their bills. The client did not want to file for Bankruptcy to stop the lawsuit from the creditor, so they looked for other options.
Client # 21051 hired CountryWide Debt Relief to help settle and pay off their past due debts. They were able to pay off $86,677 in total debt including the creditors that filed a collection lawsuit. Making just minimum payments on this much debt, the client would have had to pay back an estimated $295,079 over 813 months of minimum payments. By utilizing the Debt Consolidation program from CWDR, they paid off their debts in 25 payments for a total of $29,916 saving $265,163.MORE CASE STUDIES
*Do nothing option assumes making only the minimum payments on the debts each month with APR of 17% and minimum payment of 2% of the outstanding balance each month. Source: creditcards.com/calculators/minimum-payment.php. Savings illustrated is the difference between the total payments to CWDR and Total payments if just the MINIMUM monthly payments were being paid on the debts.