There was back in late 2007. I am uncertain at this time who was doing it, only that they had at one time had a website for it that was labeled "McCune Mortgage Settlement" - they had contact people in their records that were involved in the settlement.
After the creditor wins a lawsuit and has been awarded a judgment against the debtor and then files the judgment as a wage garnishment action.
Yes, a lawsuit by a debt collector can affect your credit score. If the debt collector wins the lawsuit and obtains a judgment against you, it may be reported to the credit bureaus, which can negatively impact your credit score.
A credit card company may win a lawsuit against you to garnish your disability or retirement checks.
No. The most legal action that can be taken against you include: delinquency reported to the credit bureaus, collection agents begin to call you and then possibly a lawsuit to collect the owed money.
Most creditors base their decision to pursue a lawsuit against the debtor on how successful they would be at enforcing a judgment award. Needless to say larger debts are a priority, but not necessarily the critieria used for making such a decision as a lawsuit or arbitration action. If the debtor is employed in the majority of states wage garnishment is an option for the creditor and in such a case a lawsuit is feasible regardless of the amount of debt.
AT&T third party billing class action, Radio Shack credit card class action, Crest Sensitivity misleading adverrtsing class action, are some of the open class action lawsuits.
1. You never know how many people are facing the same problem with a product or service. The ones who start a Class Action usually get the bigger chunk of the settlement. Came across this: SueEasy.com Apparently you can start a Class Action and if others join.. A class action lawsuit can easily be formed.
GOOD Seek help from a consumer credit organization in your area and make arrangements to handle this BEFORE you get sued
Yes, a collection agency can file a judgment against you for credit card debt in Texas if you fail to repay the debt. This could result in wage garnishment or liens on your property. It's important to address the debt or negotiate a repayment plan to avoid legal action.
SOL's only apply to the amount of time that the creditor has to file a lawsuit against the debtor.
A judgment is placed on a person's credit when a court rules in favor of a creditor in a lawsuit for unpaid debts. The creditor is the party that pursues legal action to obtain a judgment against the debtor, and this judgment can negatively impact the individual's credit score and ability to borrow money in the future.
No