{"id":676,"date":"2018-06-01T05:28:48","date_gmt":"2018-06-01T05:28:48","guid":{"rendered":"http:\/\/www.development-work.com\/mydebt\/?p=676"},"modified":"2020-10-31T05:31:01","modified_gmt":"2020-10-31T05:31:01","slug":"the-blueprint-of-evading-a-credit-card-debt-lawsuit","status":"publish","type":"post","link":"https:\/\/www.mydebtacademy.com\/credit-counseling\/the-blueprint-of-evading-a-credit-card-debt-lawsuit\/","title":{"rendered":"The Blueprint of Evading A Credit Card Debt Lawsuit"},"content":{"rendered":"

Sometimes life can be mean and make you go through the experiences that you would have never even thought of. We\u2019ve all been there.<\/p>\n

All of your credit cards are maxed out, no raise in two years, kids are asking for new toys, and there is no money for paying the bills. Quite a situation!<\/p>\n

So what are your options?<\/p>\n

First of all, keep calm. It\u2019s completely ok to feel scary and embarrassed when you are unable to meet your obligations. If you don\u2019t have anything to pay, you simply can\u2019t.<\/p>\n

But you also can\u2019t ignore the fact that your credit card company expects to be paid. They follow a traditional collection protocol to pass your account to a head one way or another.<\/p>\n

And believe it or not, credit card companies feel no regret in filing lawsuits to collect.<\/p>\n

Most of the people experiencing financial difficulties have never been in such a position before. So they really don\u2019t have an idea about what happens when you\u2019re unable to pay.<\/p>\n

As attorneys say, \u201cThere is no excuse for ignorance of the law.\u201d<\/p>\n

Therefore, here is some valuable information so that you know what\u2019s coming and don\u2019t feel blindsided.<\/p>\n

A lot of grief can be avoided if you recognize the fact that it is vital to understand how the debt collection system works and act accordingly.<\/p>\n

Navigating Through The Credit Card Collection Labyrinth<\/strong><\/h3>\n

The very first thing that you need to understand is that credit card companies don\u2019t believe in taking things personally. It\u2019s hard to hear, but you\u2019re no more than just a number to them.<\/p>\n

They take a practical approach and know that delinquencies happen, whether it\u2019s a good economy or a bad one. They have effective systems in place and your account moves from one stage to another in a very straight-forward manner.<\/p>\n

Take a look at the general blueprint for most credit companies during the delinquency\u2019s first 6 months:<\/p>\n