Posted on
November 10, 2009
at
3:51 am
Hi there, it could be frightening for consumers to receive a warning or a notice that he/she is about to be sued for a debt - good thing there are free credible resources online, such as nolo.com.But who else can give legal help for debt?
Posted on
November 10, 2009
at
3:56 am
Aside from collection (legal action) issues -
the who can give legal help for debt question - is also present in a bankruptcy. The question would become - who can give legal advice in bankruptcy filings?
Posted on
November 10, 2009
at
3:59 am
who else can give legal help for debt?If a consumer enrolls in a debt settlement program, for example, the debt settlement company would either have an in-house lawyer to assist with the issue, or consult with one.
Posted on
November 10, 2009
at
4:02 am
Another question to ask is - what are the situations that would prompt the consumer to find legal help for his/her debt?Collections was mentioned earlier - what about it?
Posted on
November 10, 2009
at
4:05 am
Legal help for debt - Creditors/collection agencies/law offices have one goal - to collect from the consumer anyway they can. If the usual methods fail, they would sue the consumer, hoping to obtain a judgment.A judgment could be any of the following:-wage garnishment-bank levy-property lienThey would send the consumer a notice and give the consumer time to respond. Failure to do so on time, might lead to a default judgment.
Posted on
November 10, 2009
at
4:19 am
Are there instances or is it possible to
not seek legal help for debt - even if one has already received a notice that a legal action is going to be taken against him/her?
Posted on
November 10, 2009
at
4:24 am
Are there instances or is it possible to not seek legal help for debt - even if one has already received a notice that a legal action is going to be taken against him/her?Actually... yes. When a consumer enrolls in a debt settlement program and her account is what they call "gone legal" the negotiators and not lawyers handle the account. The negotiators contact the law office that sent the consumer the notice and try to come to an agreement. If they are successful, the consumer's case doesn't reach the court anymore.The negotiators, after consulting with the consumer and coming up with an amount, would ask the law office if they are willing to accept that amount (and payment terms). Some law offices accept installment payments, some want a one time payment.
Posted on
November 10, 2009
at
4:26 am
If the consumer is in this kind of a situation (needing legal help for debt)-- please feel free to fill out a form here at destroydebt.com and avail of the free initial debt consultation.
