If you are facing a lawsuit for a debt, you should seek the advice of a debt defence lawyer. What is the reason for this? Maybe you don’t believe you owe the money. You have the impression that the sum is in dispute. Perhaps the other party failed to meet their commitments to you. You believe the creditor harassed you in an illegal attempt to force you to pay. Do you want to learn more? Visit Loveland Debt Defense Lawyer. Many regulations exist to protect customers from dishonest creditors and unethical contract collection agencies.
Even if you owe the creditor money, having a lawyer on your side can often result in a more fair settlement because the creditor is now facing the prospect of receiving nothing if they suit you. In fact, if the creditor loses the case, they will lose their attorney fees as well.
The creditor may obtain a judgement if you have no money in the bank and no assets, but they will never be able to collect on it. If you’re in this circumstance, you’re effectively ‘judgement proof,’ therefore engaging a lawyer to defend you to safeguard your money or assets is pointless. If you fail to appear in court, your creditor may obtain a default judgement, but they will be unable to collect on the debt.
If the debt for which you are being sued is minor, the attorney fees to defend you against the case may be greater than the amount owing. It may be simpler and less costly to simply pay the creditor.
If your creditor is taking you to small claims court and you have proof that you don’t owe the creditor any money, you may decide to represent yourself. If you’re not sure, it’s time to speak with a debt defence lawyer about your situation. Consider the amount in dispute as well as the cost of attorney fees once again. Many debt defence attorneys will provide you a free 30-minute consultation to explore your situation. A 5- to 10-minute phone call is usually sufficient to make that conclusion.
Holland Law Office
1635 Foxtrail Drive, Loveland, Colorado 80538
Phone no: (970) 232-3097