Tarrant County Debt Defense Lawyer
Every day, millions of Americans face financial challenges. From unexpected job loss to medical emergencies, family issues or natural disaster – the pressure of debt and financial hardship can quickly become overwhelming. The good news is that you are not alone. At Daic Law, we help people just like you sort through their difficult situations and find suitable resolution. Find out how our Tarrant County debt defense lawyer can help you.
Credit Card and Debt Defense
Economic uncertainty causes millions of Americans to take out credit or use credit cards to stay afloat. You may find yourself unable to pay your monthly payments due to job loss or other circumstances. Unfortunately, extenuating circumstances can result in credit card debt mounting with exorbitant interest rates and fees.
If you are unable to pay your credit card obligations, you should seek legal help before the situation gets out of control. Our debt defense lawyer in Texas will explore your options to help you secure a suitable payment arrangement, reduce your debt, or potentially eliminate some of your debt.
Help with Debt Collection Lawsuits
Have you been served with a lawsuit summons? If so, time is of the essence. It is understandable that this is a stressful situation, but you must take action quickly. Failure to respond to a debt collection lawsuit could result in the creditor (plaintiff) obtaining a default judgment against you.
A default judgment can have a tremendous impact on your finances and credit report. You may find yourself with a lien against your home or your bank account garnished. These devastating consequences may be avoidable, however, with the right legal guidance.
Is Bankruptcy Right for Me?
Many people who are facing mounting debt or a debt collection lawsuit consider filing for bankruptcy. Bankruptcy can be an effective way to reducing or eliminating debt, securing an affordable payment arrangement, and getting a fresh start on your credit.
The best way to find out if you qualify for bankruptcy is to speak with a bankruptcy lawyer at Daic Law. We can help you determine if bankruptcy is the best option for debt relief. If so, we can help you with the “means test”, and will work with you throughout the process.
What are My Debt Defense Options?
If you need help resolving debt or negotiating a more suitable plan for debt relief, Daic Law can help. There are actually many possible debt defense options that protect your rights and help you regain financial control. At Daic Law, we help clients with the following defenses:
- The plaintiff cannot prove their claims
- You do not owe the money
- You believe the amount of the debt is incorrect
- The debt is the result of stolen or mistaken identity
- You are being sued even though you were only an authorized user on a credit card
- You were a cosigner but did not receive notice
- The creditor filed a lawsuit after the statute of limitations
- You paid some or all of the debt but have not received credit to your account
- Your debt was relieved through bankruptcy
- Improper service due to the plaintiff not serving a Summons or Complaint, or serving the Summons or Complaint at a date where you could not file an Answer
These are just some of the possible defenses to debt collection efforts and debt collection lawsuits. Contact us to discuss the details of your case and determine which options may be right for you.
Contact Our Tarrant County Debt Defense Lawyer
If you are facing debt collectors or a debt collection lawsuit, don’t wait to get the legal help you need. Contact Daic Law today to get started with a free consultation. You can fight back and take control of your financial situation. Daic Law can help!
Learn more by calling us at 877-893-6040, or by emailing us at firstname.lastname@example.org.
What should I do if I'm sued by a creditor?
If you have received a summons and are being sued by a creditor, there are a few things you can do to improve your chances of a favorable outcome.
- Contact a debt defense lawyer for professional guidance.
- File a Response to the lawsuit.
- Consider your options for debt resolution.
Can a creditor take my home and other assets?
In Texas, creditors can seize certain assets or garnish your bank account. There are, however, many assets and income that are considered exempt, meaning they cannot be seized or garnished. Exempt sources of income include:
- Social Security benefits
- Veteran’s benefits
- Unemployment compensation
- Child support
- Public assistance income
- Federal government retirement benefits
Property that is exempt from seizure includes:
- Primary residence
- Personal furnishings
- Jewelry and family heirlooms
- Motor vehicle
- Tools, equipment and other trade items
- Funds in college savings plans or retirement accounts
Will I have to go to court?
Most debt defense clients do not have to physically attend court. At Daic Law, our debt defense lawyers appear on your behalf. If you do have to appear, we will help you prepare in advance, and will be with you every step of the way.
Is bankruptcy right for me?
To determine if bankruptcy is right for you, contact us so our debt defense lawyers can review your situation. There are many options for debt defense and debt relief. What works for other individuals or families may not work for you. Contact us to learn more.