![]() Once you have a deal with your creditor, put it in writing. SoloSettle sends and receives offers for you. If you agree to a deal and fail to meet its terms, your creditor will continue the legal process against you and win their lawsuit. Be prepared to negotiate before reaching a deal you can accept.ĭon’t agree to any offer you know you’ll have difficulty repaying. Once you send your offer to your creditor, they’ll likely counter it with one of their own. That amount is enough to attract your creditor and make them weigh the benefits of accepting a lump sum payment from you versus further collection activities. Ideally, you’ll want to offer your creditor at least 60% of your total debt in a settlement. You could also sell a few items you don’t need or ask for help from friends and family. You will likely have a few weeks before your court date, so you’ll need to gather money quickly.Īssess your savings and income. Your next step is figuring out how much you can afford to pay in a debt settlement. Make the right defense the right way with SoloSuit. ![]() An Answer protects you from a default judgment, which the judge will grant to your creditor if your efforts at settling the lawsuit don’t work out.Ĭommon defenses you can use for your Answer include insufficient validation of the debt, or the debt is past the statute of limitations. This means that you lose the case automatically, and debt collectors will have the right to garnish your wages.Įven if you know you owe the debt and intend to settle it, you should still file an Answer. If you don’t respond in time, you will likely receive a default judgment. You have 30 days to respond to a debt lawsuit in Georgia. In the Answer, you’ll list why you believe the case isn’t valid. An Answer is a legal document used to defend a debt lawsuit. Most people don’t realize they need to respond to the Complaint with an Answer. You’ll receive a copy of the Complaint and a Summons to appear in court. The Complaint will list their reasons for suing you, including how much you owe. Your creditor will begin the legal process by filing a Complaint against you. Respond to the debt lawsuit with your Answer Alternatively, you can watch this video to learn more:ġ.
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