We make it our business to know how financial companies, debt collectors, and their lawyers process and litigate cases. What most people don’t realize is that there are a multitude of strategic legal defenses available to consumers when they are sued for their financial liabilities.
Oftentimes, lawsuits are filled with negligence, misrepresentations, and fraud, things that most consumers don’t even know exist. Financial companies have teams of lawyers and employ law firms throughout the country to process their cases at lightning speed.
Statistically, more than 95% of lawsuits go uncontested, meaning the company will win a default judgment and can then garnish wages, bank account balances, or even take away people’s cars. These companies know this, and therefore frequently file erroneous lawsuits without regard for accuracy or proper legal procedures.