“Why am I getting a letter from Ferry & Nicholas about a lawsuit against me?”
Ferry & Nicholas is a “non lawyer” company that describes itself as a “mediation firm” and the reason you received a letter from them is that you have been sued by a debt collector or a debt buyer.
The most common debt collectors and debt buyers that sue are:
LVNV Funding
Midland Funding
Portfolio Recovery
It is also possible you were sued by a credit… (Read more)
“Why did the collection lawyer send me a ‘consent judgment’ and what does it mean?”
You have been sued by a debt buyer/debt collector and you have received your letter from the supposed mediation firm of Ferry & Nichols.
Here’s a hint: they are a great way to lose your money and get a default judgment.
So, you decide to reach out to the collection law firm who sued you.
You have some discussions with a collector over at the… (Read more)
7 mistakes you don’t want to make when testifying in a debt collection lawsuit trial
INTRODUCTION
The explosion in debt collection lawsuits has resulted in a staggering number of default judgments. We are doing our best to educate Alabama consumers to not allow a default judgment to be entered against them.
You have five options when sued by a debt buyer.
File bankruptcy — normally a terrible idea.
Fight the lawsuit on your own — this article will help you… (Read more)
It is a fact of life that if a judgment is entered against you then you will have that judgment show up on your credit report.
But what if the judgment was a mistake?
Well, it is not enough for you to say it is a mistake. The judge has to set aside the judgment.
But you get him to set aside the judgment.
Now it will be off of your credit report, right?
Well, it should be but often… (Read more)
Getting a judgment is one the grave dangers of a collection lawsuit. But what do you do if there was a judgment entered by mistake and you get the court to “vacate” or “undo” the judgment?
And then the judgment — that no longer exists — still reports on your credit report?
You dispute it under the FCRA (Fair Credit Reporting Act) and explain to Trans Union the judgment was vacated and give them the proof.
But what if they… (Read more)
FCRA Lawsuit against Discover Bank, Equifax, Experian, and TransUnion related to a collection lawsuit
We know that often times our readers like to read about actual lawsuits that are filed so we will be posting more of these in the future. This lawsuit is a FCRA (Fair Credit Reporting Act) against the following companies:
Discover Bank
Equifax
Experian
TransUnion
All of this arises out of a collection lawsuit filed by Discover against our client that he won. After he won… (Read more)