#Free alternative to icollections how to
#Free alternative to icollections verification

This can happen when two people have a similar name, or when there are multiple generations in one family with the same name (for example: Bill Smith Jr. Getting served papers for the wrong person is actually quite common. Reasons why people challenge debt collection lawsuits You can challenge the lawsuit if you think the debt is illegitimate. Challenge the lawsuitĭebt collectors are often third-party agencies hired by the original creditor after you default. Instead, if you miss the deadlines to appear in court, it will be significantly harder for a debt collection defense attorney to help you. Over the past decade, about 70% of such lawsuits end in a default judgement for plaintiffs (creditors) because defendants (borrowers) fail to respond, according to research by The Pew Charitable Trusts.Īlthough it can be scary to first receive notice of a lawsuit, ignoring it and hoping the debt collector won’t call again can get you in trouble.ĭebt collectors aren’t going to drop a lawsuit just because you ignore it. If you have verified the legitimacy of the debt in collections, the most important thing you can do now is respond to the debt collection lawsuit. A default judgment typically occurs 20 days after service of a lawsuit. This means you could have your wages garnished or a lien placed against your property. If this happens, a default judgment or court order will be placed against you.If you fail to show up for your court date, the court will likely rule in favor of the debt collector.At this point, you will receive a notice from the court regarding your appearance date. If you don’t repay or settle the debt, the debt collector can sue you.This could mean paying in full, setting up a payment plan or negotiating the debt. If your debt is legitimate, you must respond to the debt collector and create a plan for paying off the debt.They must send this letter within 30 days of the validation notice.

#Free alternative to icollections verification

If you don’t think you owe the debt in question, you can ask the debt collector for a verification letter.

#Free alternative to icollections how to

Within five days of contacting you, the debt collector must send you a debt validation letter stating how much you owe, the name of the creditor and how to dispute the debt if you believe it’s not yours.

This typically occurs when a debt is 180 days past due.

You receive a phone call or letter in the mail from the debt collector notifying you of the debt collection.

If your experience doesn’t match at all what’s below, you’ll want to verify the debt and the legitimacy of the debt collector to avoid a debt collection scam.

If you’re being sued by a debt collector, you should understand what the process generally looks like – though the exact timeline varies from person to person.