New York, NY (PRWEB) October 28, 2012
On October 28, 2012, credit collection company Rapid Recovery Solution, comments on a Lawyers.com article about how ignoring credit card debt claims could be a very costly mistake.
According to the Lawyers.com article, “U.S.consumers are $18.7 billion dollars behind on their credit card debt.” The article states that when brought to court over the debts, people choose not to show up, which is a big mistake with costly consequences. The article mentions that, not showing up to court will allow the bank to win the case automatically. According to the article, sometimes you do not owe any debt, or the debt is an inflated amount, so not ignoring the claim or not showing up to court is an extremely costly mistake on your part.
The article informs you to “Read the documents closely to verify the details, including personal information like the name and social security number associated with the debt. If you think that you are being unjustly pursued for the debt of another person, reply in writing – and keep copies,” when responding to a lawsuit.
John Monderine, CEO of credit collection company Rapid Recovery Solution, offered a comment on the importance of paying attention to any and all legal notices. "It is so important to pay attention to legal notices you receive in the mail. Many people assume that the company sending the legal request knows what your situation is intimately. The truth is, they are only going by what they have and if you have anything to prove otherwise, it would behoove you to supply it," says Monderine.
Established in 2006, Rapid Recovery Solutions is headquartered at the highest point of beautiful Long Island. Rapid Recovery Collection Agency is committed to recovering your funds. We believe that every debtor has the ability to pay if motivated correctly. We DO NOT alienate the debtors; we attempt to align with them and offer a number of ways to resolve not only your debt but also all their debts.