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Richardson Law Offices

Are You Being Sued by a Debt Buyer to Collect a Debt in NJ? You Might Be Able to Fight It and Win or Get a Good Settlement! Find Out Why in This Episode!

People in financial difficulty here in New Jersey often get sued by their creditors to collect their debts. These suits usually lead to judgments because people don’t think they can fight them or try to fight them based on an inability to pay defense and lose. But sometimes there is a basis to fight a lawsuit, but people don’t know they have it.

More and more in this country it has become the practice of creditors to sell their claims to debt buyers in order to get “half a loaf” in terms of money and avoid the hassles of collection efforts. Companies like Midland Funding, LVNV Funding, Cavalry Portfolio, and New Century Financial will pay a fraction of the balance on a huge number of claims and then bring suit to collect for large profits.

If this is happening to you, then you need to consider whether you want to fight any claim they bring. In this episode, I talk about what defenses you may have to a debt buyer lawsuit, and how they can help you.


Steven J. Richardson
Bankruptcy, Collections, Student Loan, DUI and Traffic Court attorney in Woodbury, NJ.