What to do when served with a credit card lawsuit?
In this article we’ll be discussing what to do if you’ve been served with a credit card lawsuit.
First, don’t panic. Being served with a lawsuit is scary, but it doesn’t mean you’re automatically going to lose your case. However, you do need to act quickly. You only have a limited amount of time to respond, typically 30 days in California, so make sure you take this seriously.
Next, consider your options. You may choose to fight the lawsuit and defend yourself in court, or you may choose to negotiate a settlement. Bankruptcy may also be an option to discharge the debt if it’s too much for you to pay.
If you decide to fight the lawsuit, you’ll need to file a written response with the court within the allotted time frame. If you don’t respond, the court may enter a default judgment against you.
If you choose to negotiate a settlement, it’s best to do so with the assistance of an attorney. They can help you determine a fair settlement amount and negotiate on your behalf.
Finally, if you’re unable to pay the debt, bankruptcy may be an option. Bankruptcy can help you eliminate certain debts, including credit card debt. A bankruptcy attorney can help you determine if bankruptcy is the right option for you and guide you through the process.
In summary, if you’ve been served with a credit card lawsuit, take a deep breath and don’t panic. Review the lawsuit, consider your options, and seek the assistance of an attorney. Remember, you have rights and options, and there is help available.
If you think that bankruptcy may be the best option for you, please feel free to contact my office at (818) 714-2200 or visit us at www.liverpoollegal.com
