Allenstown, NH (PRWEB) July 09, 2012
The law practice of David S Osterman PLLC, which specializes in collection lawsuits, recently offered key information for clients who are facing a debt collection lawsuit. Mr. Osterman stressed the importance of defending a collection lawsuit, citing the 85 percent of collection lawsuits that are won by the creditor when the debtor fails to appear in court. In an effort to arm consumers with as much valuable information as possible, Attorney David S. Ostermann offers several key tips.
Osterman notes that many consumers in debt automatically assume that they have no defense to a debt, so they don't make an attempt to defend themselves. By not defending the lawsuit, often a judgment is automatically entered in favor of the creditor and the debtor loses any opportunity to reduce the amount owed or eliminate the debt altogether.
Every debt collection lawsuit is subject to time limits called a "statute of limitations" and in New Hampshire, the time period that a creditor has to file a lawsuit is unusually short as compared to most states. Debtors are also entitled to proof that they are facing a valid claim or lawsuit. Some debts need to be in writing or they cannot be enforced.
The law office of David S Osterman PLLC, offers a comprehensive suite of legal services designed to help clients respond to collection activities. They offer debt relief services that include bankruptcy, lawsuits against illegal collection practices, credit repair, defending debtors who face collection lawsuits, and other legal and financial services. For more information about the legal services that David S. Osterman provides, visit his website at http://www.dsostermanlaw.com.
About the company:
Attorney David Osterman has been assisting New Hampshire residents since 1983. Osterman specializes in helping families facing difficult legal and financial situations. Attorney Osterman focuses his practice on the financial difficulties facing the many New Hampshire residents who have been badly hurt by the prolonged downturn in the United States' economy. For more information visit his website at http://www.dsostermanlaw.com.