Top 5 Tips to Fight Junk Debt Lawsuits

intro: Creditors who buy consumers' old debt for pennies on the dollar have increasingly won bogus lawsuits, but consumers can begin to fight back by taking a few easy steps. One judge in Brooklyn, N.Y., this week called about 90 percent of credit card lawsuits, often the source of debt junk suits, "flawed." A common example of junk debt is credit card debt that a private company purchases from banks, or another original creditor. Original creditors or junk-debt buyers can sue the borrower...Full Story
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