Tips On Defending Yourself From A Creditor Lawsuit

            First, a disclaimer. I am a credit counselor and not an attorney. So please do not use this article as legal advice. That having been said, in keeping with the theme of our newsletter, that being, to empower individuals to live free from the oppression of debt, I found an excellent source of information on this topic, and would like to pass it on. Before I give you the link, I would like to say a few words on this topic. Most debtors sued by credit card companies and car repossessions do not have the funds to hire an attorney. It is quite common for people to defend themselves from a lawsuit started by a creditor (credit card company, collector). The purpose of this article is to empower you to gain the necessary knowledge to defend yourself successfully. As an example, did you know that if you are sued for a deficiency judgment because of a car repossession ( deficiency means the car was sold for less than you owed), that if it was sold for to low a price this may be grounds for a successful defense of the lawsuit?

           The website I came across applies to New York City only, however, it contains a wealth of general information that applies to anywhere in the US.
The link is: http://www.nedap.org/hotline/clbasics.html .
  
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Written By:
Steven Ciantro
American Debt Enders
Help@Americandebtenders.com
Member National Association of Certified Credit Counselors

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