Go to Top

Can a Credit Card Company Sue Me for Late Payments?

Blog Post Image

Credit card debt is an issue shared by many Americans. Between letters, phone calls, and sometimes home visits, it can seem like credit card companies will stop at nothing to collect. Unfortunately, sometimes this is precisely the case. While there are many options to resolve your credit card debt, if the company you’re dealing with feels that you have not pursued enough of these steps to their satisfaction, they may sue you for your late payments. If you’ve fallen severely behind on your credit card payments, you should be prepared to defend against a lawsuit from your credit card company. The first step should be to contact an experienced debtor defense attorney, who will help you assess your position, and make sure you’re ready in the event of such a lawsuit.

At Luftman, Heck & Associates, our Ohio consumer law attorneys are the right call to handle a lawsuit involving your credit card company. We can guide you through every step of the process, ensuring that your rights and financial well-being are being protected. Remember, credit card companies can sue for collateral, like your property, in addition to the balance you owe.

Call Luftman, Heck & Associates at (888) 726-03181 to make sure your assets are secure or reach out online to schedule a free consultation.

If You’re a Debtor, Be On the Lookout for Lawsuit Notices

When you’re in debt, it can sometimes feel like you are in constant contact with the credit card company. When this is the case, it can be tempting to simply ignore some or all of the overwhelming correspondence you get from them. It would be a mistake, however, to give in to this impulse. Failing to respond to the credit card company’s complaint could result in a default judgment against you, essentially an automatic win for the opposition.

Look For Notices From Debt Collection Agencies As Well

The notice of your lawsuit may not necessarily come directly from the bank that issued your credit card. Sometimes, debt collection agencies will purchase your debt from the credit card companies. After some attempts to collect the debt on their own, these collection agencies will then file a complaint against you. Therefore, if you’re struggling with credit card debt, you should be on the lookout for correspondence from debt collection agencies as well as your credit card company.

Collection Lawsuits Can Cost More Than You Already Owe

If your lawsuit is resolved in favor of the credit card or collection company, you may be on the hook for fees even larger than your original debt. The company may be entitled to garnish your future paychecks or even your property to cover part or all of your debt.

How to Defend Against a Collections Lawsuit

Being sued over a credit card debt can sometimes feel hopeless, but it is important to keep in mind that you have options. For example, credit card companies (as well as collection agencies) are notorious for improperly following procedure during lawsuits. The legal procedures involved in debtor lawsuits are complicated and very technical, which makes proving ownership of a valid debt somewhat tricky. If you can prove the company skipped steps in the process or filed the lawsuit improperly, it may result in the dismissal of your case. Additionally, improper record keeping, prior bankruptcy discharges, and elapsed statute of limitations are other possible defenses that your lawyer can explore when evaluating your case.

Talk To a Debt Defense Attorney About Your Collection Lawsuit Today

Knowledgeable and aggressive representation is essential at every step along the way in a collection lawsuit. At Luftman, Heck & Associates, we can handle the convoluted twists and turns necessary in defending against a collection agency. You never know what your debt could end up putting at risk, or what you might have to end up paying for.

Our debt defense attorneys can provide you with clear steps forward during a complicated process. Don’t spend any more time worrying about what could happen; take action and schedule your free consultation using our online form, or call us at (888) 726-03181 today.