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Credit Corp. Solutions is one of the biggest debt collectors in the country, but that does not automatically mean they always follow the law. The company has had many complaints filed against it, mainly for harassing phone calls and other forms of contact. If the company has threatened you with a lawsuit, or they have already taken legal action against you, it is important that you do not ignore it. Many people panic at the thought of a lawsuit and they think ignoring it will make it go away. Unfortunately, that will not happen.
Table of Contents
- Who is Credit Corp Solutions?
- Is Credit Corp Solutions a Scam?
- Credit Corp. Solutions Collects on Many Types of Debt
- Complaints Against Credit Corp. Solutions
- Why is Credit Corp. Solutions Filing a Lawsuit Against Me?
- Fight the Lawsuit Filed Against You
If you ignore a lawsuit that Credit Corp. Solutions files against you, the company will likely win their case, and could then garnish your wages or take other negative action against you. Instead, it is best to speak to a Broward County debt defense lawyer who can review your case and determine the defense that is most suitable for your case.
Who is Credit Corp Solutions?
Credit Corp. Solutions is a third-party debt collection company that is based out of Utah, but they collect debts around the world. Many of the borrowers they take legal action against are right here in Broward County.
Like so many other debt collection companies, Credit Corp. Solutions does not always comply with the law when they are trying to collect from borrowers. Also as with so many other debt collectors, the company has been the subject of many formal complaints. These complaints vary, but one of the most common filed against the company is that they cannot verify the debt. This type of practice violates the Fair Debt Collections Practices Act (FDCPA). If Credit Corp. Solutions has contacted you, or they have already filed a lawsuit against you, it is crucial that you know your rights before contacting them.
Is Credit Corp Solutions a Scam?
As so many other debt collection companies do, Credit Corp. Solutions often harass borrowers by constantly calling them, or even using threatening language. Due to these unscrupulous tactics, it is easy to assume that the company is a scam. Unfortunately, it is not. Credit Corp. Solutions is a legitimate business that has been listed with the Better Business Bureau (BBB) since 2016, but the BBB recognizes that the company has been in business since 2011.
The company does business under other names, as well, namely Tasman Credit and Tasman Credit Corp. If you receive notice of a lawsuit under these names, Credit Corp. Solutions are suing you. Regardless of the name used, the organization takes in approximately $1.7 million in profits every year, and that comes from borrowers the company claims owe a debt, even when they do not. That amount may make it seem as though there is nothing you can do about the lawsuit but fortunately, that is not true.
Credit Corp. Solutions Collects on Many Types of Debt
Credit Corp. Solutions may be based in Utah in the United States, but the company was actually established over 25 years ago in Australia. Today, the organization collects debts from Americans, but they also still operate in Australia and New Zealand, as well. The company will try and collect on any type of debt it can purchase but they mainly focus on sales finance credit cards, retail financing, and personal loans.
According to the organization, their mission is to use controls and systems to collect on debt and to benefit overall society in the long-term. They also state that they treat borrowers fairly and responsibly at all times, and that they simply want to help debtors improve their financial position. Sadly, this is untrue. The priority for Credit Corp. Solutions, like most other debt collection companies, is to make as much profit as possible. To do this, they file many lawsuits against borrowers all over the world, even when there is no solid basis for legal action.
Complaints Against Credit Corp. Solutions
Like so many other debt collection companies, Credit Corp. Solutions has had many complaints filed against it. The BBB has closed only four complaints against the organization and three of the cases were in 2019, so the number of complaints filed against the company could be increasing. The company has had 15 complaints lodged against it since 2015.
Why is Credit Corp. Solutions Filing a Lawsuit Against Me?
If Credit Corp. Solutions has filed a lawsuit against you, it may be because you have an unpaid debt and they are trying to recover it. Still, Credit Corp. Solutions often file illegitimate lawsuits against borrowers in an attempt to boost their own profits. They hope that debtors will ignore the summons, which is essentially not taking any action to defend themselves.
When that happens, the company will then attempt to obtain a default judgment against the borrower. A default judgment will mean that the company automatically wins its case, and you will automatically lose. In this case, Credit Corp. Solutions may try to garnish your wages, levy your bank account, and take other negative actions against you.
It is essential that you speak with a Broward County debt defense lawyer if Credit Corp. Solutions has threatened you with legal action. Debt collectors cannot threaten to file a lawsuit against you or take any other legal action unless they fully intend to follow through on that threat. A debt defense lawyer will review the facts of your case, determine what defense strategy is best for you, and represent you throughout your case.
Our Debt Defense Lawyer in Broward County Can Fight the Lawsuit Filed Against You
If you have been named in a lawsuit filed by Credit Corp. Solutions, you must speak to a Florida debt defense lawyer as soon as possible. At Loan Lawyers, our skilled Florida bankruptcy attorney will review the facts of the case, determine which defense is the best strategy in your case, and represent you throughout the entire case. Call us today at (954) 523-4357 or contact us online to schedule a free case review and to learn more about how we can help.
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Loan Lawyers is made up of experienced consumer rights attorneys who use every available resource to develop comprehensive debt solution strategies. Our goal is to take on those burdens, resolve those problems, and allow our clients to sleep soundly knowing they are on the path to a better future.
