Legal Question in Credit and Debt Law in Minnesota

We owe 7500.00 on a credit card that has gone to collection. They are saying they are going to sue us. How can i stop this?

Asked on 10/18/11, 8:07 am

3 Answers from Attorneys

David Anderson Anderson Business Law LLC

Best strategy: hire me or someone like me to do discounted settlement in lieu of Bky.

Call or email for free consultation re: my experience doing this for past clients.

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Answered on 10/18/11, 8:29 am

Maury Beaulier612.240.8005 Minnesota Lawyers

First, if you have been sued, you should file a response to the lawsuit within 20 days time.

Second, you cannot prevent a creditor from seeking to collect their fee through litigation. You may seek to negotiate a resolution with the creditor prior to a court proceeding, however.

Third, if your finances indicate a bankruptcy is an option, that may be a way to stop debt collection efforts before they proceed to judgment.

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Answered on 10/18/11, 8:47 am

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