Credit Card Attorney
CREDIT CARD LAWYER IN SOUTH CAROLINA
Credit Card bills are one of the largest category of debts for consumers in South Carolina. Unfortunately, for many or most consumers, once they fall behind on their credit card debts, the high interest rates and the inability of the lenders to agree to payment options creates extreme hardships that often result in collection calls and lawsuits.
If you have defaulted or fallen behind on your credit card debts, your creditor can start collection calls and other collection activities such as lawsuits. If the creditor obtains a judgment against you and you do not establish a repayment arrangement with your creditor, the creditor may be able to instigate supplemental proceedings in South Carolina Equity Courts to possibly seize your home and other assets.
If a credit card lender has filed a lawsuit against you, it’s important you speak to an experienced attorney to see what your rights are. Depending on your situation you may have multiple options to defend against the credit card lawsuit.
First option : Defend against Credit Card lawsuits. One option is to hire an experienced attorney to answer any credit card lawsuit. Your attorney can help you explore options such as settlement or fighting the lawsuit.
2nd option : File Bankruptcy – If you have substantial equity in your South Carolina residence or other asset, Chapter 7 or Chapter 13 bankruptcy maybe your best option to protect yourself from the credit card lawsuit.
Third option. Do nothing. This is where the advice of an experienced credit card defense attorney is critical. In some situations, your best option maybe to do nothing and allow the credit card company to obtain a default judgement. The reason for this is that you may have sufficient South Carolina state exemptions to protect you even if the lender obtains a judgment. However, it’s critical your get experienced advice from an attorney before selecting this option.
Finally, we often see or hear the same credit card questions. Here are some of the most common questions:
Answer: In South Carolina and you are in default on your credit card, the lender has threw years in which to sue after the last payment. Usually, the lender waits till the end of the three years in which to sue. And yes, in most instances they do sue.
Answer: Yes, an experienced credit card defense attorney can help in multiple ways to include a favorable settlement.
Answer: This depends on what you mean by the word win. If win includes a settlement, a win would mean a favorable settlement you can afford to pay back.
Answer: Every credit card lender is different on terms they are willing to settle for. Also other factors come into play such as the age of the debt, the total amount owed, and the ability of the payee to male future payments.
When you hire Stone Law Firm, you can rest easy knowing that the counsel you receive is backed by over 20 years of experience. Every credit card case we take is examined with care and great attention to detail, and we help clients find the solution that works best for their specific situation.
We serve clients all over South Carolina with office locations in Columbia, Florence, and Greenville. If you are looking for an experienced credit card defense attorney in South Carolina, contact us today to learn how we can help you with your debt! Call (803) 389-0408 or request an appointment using our online form.