Debt Collections Defense at the Lake

What happens if you cannot (or for some reason do not) make the required payments on a debt you owe? The creditor or debt collections agency can sue you for the outstanding debt. Even if you are being charged with a delinquent debt, you still have rights that deserve protection. Depending on the situation, you may even have a solid legal defense that can prevent you from having to pay the money your creditors say you owe.

Debt Collections - An Overview

Debt collection defense is a complex legal discipline. Typically, these cases involve large sums of money that originally stemmed from any number of situations such as mortgage loans or credit card debts. If you are unable to make the required payments on these loans, the creditor and/or a collections agency may bring you to court in order to demand repayment for these unpaid debts.

 Buying and selling debt has become a business in and of itself. Lenders who gives you the original loan, for example, will frequently turn around and "sell" that debt to another agency. After that, the payments that you make will go to this new agency. In some cases, you may be unaware that this transition has occurred. When you get behind on payments in these cases, you may receive collection letters from an agency you have never heard of.

Debt Collections - Your Defense

Believe it or not, you may have one or more valid, legal defenses in your debt collections lawsuit. Often, debtors will have contractual rights and rights under the Fair Debt Collection Practices Act that need to be evaluated and asserted. The very first step is to hire a debt collection defense attorney to make this assessment, and who who will also likely demand verification of the debt, including the name and address of the original creditor and a detailed description of the total amount the creditor alleges you owe.   

If you are facing a debt collection lawsuit, it is critical that you seek help from a debt collections defense attorney immediately. The debt collections legal field is complex and it can be difficult to navigate successfully if you are unfamiliar with the rights you have as a debtor.  

Our debt collections defense lawyer at the Lake of the Ozarks has the experience you need to best navigate these lawsuits. Time is often of the essence with these particular cases, so don't wait - contact O'Donnell Law Center to start planning your debt collections defense.
Call the most trusted law firm at the Lake of the Ozarks to get started today.
We Carry Your Burden ~ You Carry On With Life.

Disclaimer: No attorney-client relationship is created by the publication of this blog.


Phone: (573) 552-0317

O'Donnell Law Center, LLC
1026 Palisades Blvd. Suite 3
Osage Beach, MO  65065
(Located on the McDonald's Side of the Building)
Location: Osage Beach, MO 65065, USA

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