Asset Acceptance is a debt buying and collection agency that primarily buys credit cards, utilities, and auto deficiencies. Asset Acceptance often files suit on defaulted credit card debt in the state of Texas. Since it was bought by Encore Receivable Management, Asset Acceptance is not filing as many lawsuits and maybe filing them in Midland Funding LLC‘s name.
Asset Acceptance is known to have the following contact information:
P.O. Box 2036
Warren, MI 48090
We can defend clients that Asset Acceptance has filed a lawsuit against in Texas. We offer a flat fee structure with affordable monthly payments. Contact us today!
Attempt to Negotiate a settlement with Asset Acceptance before the answer is due. Many consumers recognize they may owe a debt and choose to attempt to settle the debt before an answer is due to the court. Asset Acceptance is often receptive to a quick settlement rather than spending more time and money in a lawsuit. Even if they can provide some of the documentation to the court, there is always a chance they could lose.
Answer the Lawsuit filed by Asset Acceptance. Even if a consumer thinks they owe a debt it is still up to Arrow Financial Services to prove that they own the debt, have the right to file suit, and have enough documentation to prove a debt is owed. They may not be able to successfully produce all required documentation when challenged.
Do nothing. Many people decide to do nothing for lack of funds or fear of what can happen. Asset Acceptance may take a judgment against them and then ultimately have their bank accounts frozen (bank garnishment). Judgments in Texas are good for 10 years initially and they care a minimum interest. The amount of an unresolved judgment can significantly increase over time.
Seek bankruptcy protection. Our law firm does help clients file bankruptcy. If you are interested in seeing if bankruptcy is right for you visit our site Dallas Bankruptcy Attorney
The best time to take care of a lawsuit is NOW. It can potentially get more costly and worse. We offer competitive fees to handle this for you.