What Can You Do In Michigan If You Are Sued By A Credit Card Company?

In this article, you can discover…

• How to handle a lawsuit from a credit card company.
• Whether bankruptcy will help stop a pending lawsuit.
• How an attorney can help you handle a lawsuit without having to head to trial.

What Should I Do If I Receive A Lawsuit Notice From A Credit Card Provider?

Immediately reach out to an attorney who practices bankruptcy law. They can help you understand your legal options and begin the process of filing for bankruptcy if needed.

Will Filing For Bankruptcy Stop A Pending Credit Card Lawsuit?

Yes. There is a bankruptcy law known as Section 362 of the United States Bankruptcy Code that places an automatic stay on all debt-related lawsuits. This law prevents creditors from making collection efforts for most types of debts from the very minute you file for bankruptcy.

How Do I Settle A Credit Card Debt Lawsuit Before Trial?

The first way to settle a credit card lawsuit would be simply to pay off the debt in full. The second method would be to offer consent judgment (a type of settlement agreement) with reasonable, affordable payment terms over time.

Attorney Vincent Carlson is a quick-thinking, determined bankruptcy law attorney serving Michigan. For over 15 years, he has helped clients just like you respond appropriately to credit card lawsuits, helping them avoid added strain and the expense of a trial.

Have questions, or in need of legal help? Reach out to Vincent E. Carlson & Associates, PLC for an initial consultation today.

What Are The Consequences Of Ignoring A Credit Card Lawsuit?

If you are properly served with a lawsuit by a process server and you ignore this lawsuit, a judge may decide that you failed to defend against the suit by choice. This means that, legally, you agree with the lawsuit and owe the money that is being sought. It is best to reach out to a bankruptcy law attorney; never ignore a legal case and hope that it will simply go away.

Avoiding Trials: How A Bankruptcy Attorney Can Help

You may assume that being sued by a credit card company automatically means that you must head to trial. Not so. I recently handled a case where a woman was served with a credit card debt lawsuit. She reached out to me, and I helped her propose a reasonable monthly settlement in exchange for her agreeing that she owed the credit card company money.

There was no reason for a trial, as both parties agreed to her debt and to a repayment plan. If you reach out to a bankruptcy law attorney first, you can save yourself the considerable expense of hiring an attorney for a trial.

Still Have Questions? Ready To Get Started?

For more information on what to do when sued by a credit card company in Michigan, an initial consultation is your next best step. Get the information and legal answers you are seeking by calling (231) 726-4357 today.