At Peterson Legal, our defense practice focuses almost entirely on representing people sued for failing to pay unsecured debt, like credit cards, student loans, and medical bills. If a consumer fails to pay on one of these unsecured debts, a physical item is not reclaimed or repossessed. Instead, when a creditor cannot recover the amount owed on an unsecured debt, that account is sometimes sold to a junk debt buyer.
Junk debt buyer companies buy bad debts, usually for pennies on the dollar. Their business model is based on trying to collect the full amount from the consumer, which results in a high-profit margin for them. Likely, you are unfamiliar with and have no relationship with these companies.
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We talk the time to provide answers regarding who is suing you and the basis for their claim. We will interact on your behalf with the debt collection company.
Our goal is to achieve a successful outcome in the form of either a negotiated settlement or, even better, dismissal of the claim.
If you would like to learn more about your case and how we can assist you, we offer a free case evaluation or call us at (612) 367-6568. What are you waiting for? You’ve got nothing to lose by contacting us to learn your options.