How To Settle Credit Card Debt When Lawsuit Has Been Filed
If you are being sued by a credit card company, there are some steps you can take to settle the debt and avoid a judgment.
First, try to negotiate with the credit card company. If you can come to an agreement on a payment plan or lump sum payment, this will be much cheaper than going to court and possibly having a judgment entered against you.
Second, consider filing for bankruptcy. This will stop the lawsuit in its tracks and give you time to work out a repayment plan with the credit card company. However, it is important to speak with an attorney before doing this as it will have a major impact on your credit score.
Finally, if all else fails, you can try to negotiate with the credit card company again after the lawsuit has been filed.
The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.
Our goal is to help you find a fresh start FAST!
Schedule your own free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706