Has Kelkris Associates filed a lawsuit against you? You are not alone. Kelkris Associates is a very large debt collector in Fairfield, California. Keep reading to learn more about this debt collector.

What is a Debt Collector?

A debt collector is a business that uses the legal system to collect old debts.

In some cases, the debt collector acts on behalf of the original creditor.

In other cases, the debt collector purchased the debt from another creditor. That means that the collector owns the account. They also have the right to take any action on the account. Because the account usually is old and difficult to collect, the debt collector will only pay pennies on the dollar to acquire the account.

Who is Kelkris Associates?

Kelkris Associates is a prolific filer of lawsuits all over Northern California. This debt collector buys up delinquent accounts and files lawsuit against the borrowers.

In the vast majority of cases, the borrower never shows up to defend the lawsuit. These cases end in a “default judgment” against the borrower. The debt collector can then garnish wages, levy bank accounts, and even put liens on houses.

What to do if You are Sued by Kelkris Associates

In many cases, a defendant does not find out about a Kelkris Associates lawsuit until well after it is over. This is because Kelkris Associates does not always personally serve the defendant with legal papers. While the courts will allow this under certain circumstances, it is nonetheless a bad business practice.

You should immediately contact an attorney if you have been sued by Kelkris Associates. This is true too if you recently found out about an old lawsuit. Time is of the essence, and even a small delay may result in serious consequences.

Consumer attorneys have many tools at their disposal to beat debt collectors in court. But timing is very important. Don’t delay!

I help clients with substantial student loan debt all of the time. Of course, there is nothing wrong with student loans. Financing a reasonably priced good education is a smart life decision. However, what happens when a person defaults on their student loans? And who is the National College Student Loan Trust? Read on to learn more.

Student Loan Debt Default

If a borrower stops paying for their student loans, it is said that the borrower “defaults” on the debt. When a borrower defaults on a debt, the creditor can take legal action against the borrower.

In some cases, a student loan creditor can intercept tax refunds. Or in other cases, the lender will file a lawsuit agains the borrower in state court. If the lender obtains a judgment in court, the lender can garnish wages, place liens on property, and even levy money directly out of bank accounts. This is all true for student loan accounts.

However, as the New York Times recently pointed out, not all student loan debt lawsuits are valid.

Who is the National College Student Loan Trust?

The National College Student Loan Trust is one of the largest owners of student loan debts in the country. Most borrowers have never heard of them before until they run into trouble with their student loans.

As the true owner of the debt, the National College Student Loan Trust should be the party with the authority to actually file a lawsuit against the borrower. The New York Times pointed out that the National College Student Loan Trust has run into significant trouble proving that they actually own some student loan debt.

This gives borrowers an opportunity to contest these student loan lawsuits. Only the true owner of the debt has the ability to file a lawsuit against a borrower. If the plaintiff in a lawsuit cannot establish their ownership interest over the account, they cannot win the lawsuit. That is, if the borrower fights back in court.

What to do if you are sued by the National College Student Loan Trust

If you are sued by the National College Student Loan Trust, don’t panic. As discussed above, you may have some valid defenses against the lawsuit. However, it is important that you take action fast. Most borrowers do not even appear in court in these lawsuits. This means that the lender can win the case automatically.

You should contact a lawyer immediately if you are served with a debt lawsuit. If you wait too long, you will forever lose your right to defend yourself in court.

Credit Bureau Associates is a prolific filer of lawsuits all over California. The company is a debt collector located in Fairfield. Read on to learn more about these lawsuits.

Debt Collectors Can File Lawsuits Against Defaulted Debts

A debtor collector is someone that tries to enforce a defaulted debt. A debt collector might be working on behalf of the original creditor. But a debt collector might have also purchased the debt (usually at a discount). In that case, the debtor collector is said to “hold” the debt for themselves.

A debt collector can collect the full value of an account even if the collector purchased it at a discount. In fact, a collector stands in the shoes of the original creditor. A debt collector has all of the same rights as the original creditor.

Credit Bureau Associates Often Sues

Not everyone voluntarily repays debts that they owe. This is especially true when a debt collector is invovled. In those situations, collectors can file lawsuits to try to recover the debt.

Credit Bureau Associates files lawsuits all over California. In fact, Credit Bureau Associates have sued many of my bankruptcy clients. Often times they are pursuing very old accounts. These cases can force people into bankruptcy. Aggressive collection tactics can have a ruinous effect on a person’s livelihood.

You Must Take Immediate Action If You Are Sued

Do not ignore notice of a lawsuit! California law requires a plaintiff to serve legal paperwork on a defendant in a lawsuit. This is to make sure that a defendant has actual notice of the lawsuit.

However, plaintiffs don’t always ensure that defendants receive adequate notice of a lawsuit. Sometimes plaintiffs will mail documents to the debtor’s last known address. Occasionally, a person facing a lawsuit will receive solicitations from other attorneys.

In any event, a defendant facing a lawsuit needs to take immediate acting. Failing to act will result in a judgment, wage garnishments, and bank levies.

Has Credit Bureau Associates sued you? Don’t delay! You have options. Call my office at (916) 333-2222 to set up a consultation.