Getting in over your head with credit card debt is very easy and it can happen very quickly. For some people, credit cards become a way to make ends meet when dealing with a financial crisis such as losing their job, dealing with a failed business, or recovering from an unexpected illness. Other people may have gotten in over their head with credit card debt because they simply did not manage their finances wisely.
Regardless of the reason why you got into financial trouble with credit card debt, you now have a lawsuit in front of you asking the court to grant a judgment for the debt you owe to the credit card company. Being sued is stressful and frightening; however, my office can help you find a solution that is in your best interest.
Act Quickly When Served with a Credit Card Debt Lawsuit
You have a very limited amount of time to file an answer or otherwise respond to the credit card debt lawsuit. In New Jersey, if you do not file an answer with the court and serve it on the plaintiff within 35 days of service of the complaint, you are in default. The credit card company will petition the court to enter a default judgment against you. The default judgment gives the credit card company an advantage for collecting the credit card debt. In some cases, your wages and your property could be at risk if you have a judgment for credit card debt.
If you are served with a lawsuit for credit card debt, it is very important that you contact my office immediately to discuss your legal options. There is very little time to decide the best course of action to protect your assets from a default judgment.
Bankruptcy and Lawsuits for Credit Card Debt
Filing a bankruptcy stops a lawsuit for credit card debt immediately. The creditor cannot continue the lawsuit once you file a bankruptcy case. Furthermore, the credit card debt is included in your bankruptcy so you will not owe that debt once you complete your bankruptcy case. The credit card company is barred from trying to collect the discharged debt in the future.
While it is always best to file the bankruptcy case before a default judgment is granted, filing bankruptcy after the judgment is granted also discharges the debt. The first step is to contact my office to schedule a free bankruptcy consultation as soon as possible to discuss your options for resolving a credit card debt lawsuit.
Contact an Experienced Mount Holly Bankruptcy Attorney
Personal Approach, Professional Service, Affordable Payment Plans
The Law Office of Travis J. Richards, LLC is a full-service Mount Holly bankruptcy law firm focused on Chapter 7 Bankruptcy, Chapter 13 Bankruptcy, debt consolidation, credit repair, tax liens, student loans and foreclosure. We represent clients in Burlington County and throughout South Jersey.
Contact our office at 609-267-5297 to schedule your free consultation to discuss bankruptcy and non-bankruptcy alternatives. You may also use our convenient online contact form and one of our friendly, professional staff members will contact you to answer your bankruptcy questions and/or schedule a free consultation with Travis J. Richards.
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