Eliminate Credit Card Debt Fast - I am being taken to court what should I do?

Eliminate Credit Card Debt Fast - I am being taken to court what should I do

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If you want to eliminate credit card debt fast and your lenders are taking you to court If you don't show up, the other side will get a default judgment and they will get this on their terms. A default of $2,000 can easily turn into a judgment of $10,000 if you fail to show up. Even worse, the court could authorize maximum wage garnishment if you don't show up to make your case to the judge, which can be as high as a 1/4 of your wages.

If you are in this position do not bury your head in the sand, get help.

People often make the huge mistake of not showing up because they think they'd loose anyway or because they can't afford an attorney. Even if you are frightened.,.or you're sick show up anyway. You are not being put on trial and there will be no jury. It will not be like Judge Judy where the judge will be screaming at you and insulting you. It's almost a step above going to traffic court...it will be over very fast. Creditors love it when you don't show up in court,.be sure to disappoint them by being on time and prepared.

Bring complete documentation of your income and living expenses to court. Pay stubs and copies of bills. Even if you loose, you can use this to negotiate much more favorable repayment terms. If you stay home on the date of the court, your creditor will decide for you how much you can afford to pay. On the day of the court, don't sign any document from your creditor's attorney that you do not understand. Do not sign any sort of "consent judgment" form.

Did the collection agency try to contact you before suing? There is a lot of debt being bought and sold everyday, and chances are your debt has bought and sold between a few collection agencies. When this happens, the agencies can become confused and any legitimate supporting documentation is often lost. The agency seeking judgment is going to have to prove in court that they legally own the debt they are trying to recover. If the debt was sold between agencies, then each agency in that chain is going to have to prove with solid documentation that they legally owned the debt at the time of the sale. That is going to be very difficult for them to do.

If you want to eliminate credit card debt fast and you are already being taken to court it is not too late to get help. Debt settlement can get you out of this mess and even at this late stage youe can negogiate. If you are in debt get help now and eliminate credit card debt fast.

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