Most consumers assume a debt lawsuit must end in either a judgment or a settlement, but a significant percentage of cases are dismissed entirely when challenged. A dismissal “with prejudice” is the ultimate goal because it permanently prevents the collector from ever suing you for that specific debt again. Debt buyers frequently file lawsuits with … Read more
If you were only an authorized user on a credit card, you are generally not legally responsible for the balance. The primary cardholder holds the liability. Debt buyers frequently sue authorized users by mistake because the generic spreadsheets they purchase often fail to distinguish between authorized users and joint account holders. Under federal law, the … Read more
A debt buyer suing you must prove they own your specific account, the amount is accurate, and they filed within the legal time limit. Many cannot prove all three. The most powerful defense against a third-party debt buyer is “lack of standing” or challenging their chain of title, because debt portfolios are usually sold with … Read more