Consent Orders: The
consent orders at issue are agreements between credit card companies and
governmental agencies such as the Consumer Financial Protection Bureau and the
Federal Deposit Insurance Company.
Inconsistencies:
The credit card statements are the key documents in a credit card lawsuit and a
detailed review of the credit card statements will often uncover wildly varying
interest rates and penalty fees.
Contract
Amendments: Credit Card Contract Amendments are closely tied to the
inconsistencies listed above and the Contract or Card member Agreement
memorializes the agreement between the parties and contains the terms and
conditions of the account.
Counterclaims: A
variety of consumer protection statutes may be used to offset a credit card
lawsuit and it prohibits creditors from threatening violence, harassing a
debtor or their family with frequent collection calls, using abusive language
with the debtor or a family member as well as other unfair collection actions.
Payment Plans: Arranging
a payment plan with the creditor can often be the best solution in defending an
original creditor lawsuit and most creditors and collection law firms will
allow a debtor to enter into a payment plan which can prevent a judgment from
being entered as long as you continue to make the payments.
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