As a debt relief attorney, I am often asked what to do if sued for Citibank for credit card debt or a loan in California. If a lawsuit has been filed against you, then you need to take immediate action so that a default judgement is not entered against you. A default judgement is a binding judgement in favor of Citibank. Although being served with a lawsuit can be scary, there is a way out. What I most recommend to my California clients is a Citibank credit card debt settlement to save money and get out of their debt lawsuit.

what to do if sued by citibank for credit card debt in california

Follow these steps if you’re being sued by Citibank for credit card debt.

For instance, our client owed Citibank over $17,000 on a personal loan from 2008. The original loan totaled $7,997. However, the interest rate varied from between 18% to 28% during the course of his repayment on this loan. After he retired, my client went on Social Security and became unable to make the payments on his loan. Citibank ended up selling his loan account to Cavalry Portfolio to collect the debt. Cavalry Portfolio then hired the Winn Law Group to attempt to collect on the loan. When Winn Law Group couldn’t collect, Cavalry Portfolio sued him for over $18,369.50, the balance due with accrued interest, and obtained a judgment against him. Our 80-year old client could not afford to pay this since he’s on a fixed income, so he reached out to us for Citibank lawsuit defense. A third-party was willing to help him get out of this debt with a small loan of $5,000. We negotiated a Citibank credit card debt settlement with the Winn Law Group and Cavalry Portfolio to settle this account for $5,000. We saved our client a total of $13,369.52!  And he no longer has to be worried about the Winn Law Group coming after him to collect on this judgment.


Sued By Citibank For Credit Card Debt? Here’s What To Do

If you are sued by Citibank for credit card debt or a loan in California, here is what to do. You need to find an attorney who specializes in debt help and that will give you a free consultation to go over your particular case. Once you have been sued for credit card debt, I advise against using a debt settlement “company”, as opposed to a law firm. Citibank has a seasoned and skilled team of attorneys to go after people who can’t pay back their debt. You need an experienced debt attorney who can fight back and win a credit card debt lawsuit.  You can win a credit card debt lawsuit and save money. I often save my clients a large percent of their overall debt when I settle Citibank credit card debt.

As an example, our client owed Citibank $14,083.05. My client could not make the payments and the account went into default. Citibank farmed out the account to Northland Group for debt collection. Northland Group agreed to settle the Citibank debt lawsuit for $2,850, payable over a 3-month period at $950 each month. Our client only had to pay back 20% of her loan, savings $11,233.05!

When sued for credit card debt, you’ll want a debt attorney to file a proper response in your Citibank lawsuit defense so that a default judgement isn’t entered against you.  If a default judgement is entered against you, then you lose the case without a fighting chance. A couple of things you can do on your own before speaking with an attorney include contacting the law firm suing you and asking for “proof of debt” and find out if the lawsuit complies with the Statute of Limitations. If the plaintiff violates the Fair Debt Collection Practices Act, then you could file a counterclaim.


Settle a Citibank Lawsuit

To settle a Citibank lawsuit, hiring a debt lawsuit defense attorney is usually your best bet in saving money and getting the lawsuit over with. The Gamez Law Firm offers a free consultation, in person or over the phone, to go over your situation and find the best option to settle your Citibank credit card debt. Our number is 858-217-5051. We help people all over the state of California to solve their debt problems and save money.

Take our client who was unable to pay his Citibank credit card debt.  Citibank sold the account to Midland Funding when they could not get my client into a repayment agreement. Midland sued him and ended up getting a judgment for approximately $14,500.  After retaining the Gamez Law Firm, we were able to negotiate a Citibank credit card debt settlement.  We explained to Midland funding the extreme hardships our client had faced in his life, including essentially no income. Our client asked a third-party to help with the funding of the settlement. We negotiated a settlement to pay $6,000 in a lump sum and Midland accepted.  Our client saved over $8,500 with this debt settlement and is now living a life free of debt.

To read about more debt settlement success stories, please visit my website here.

debt relief lawyer in san diego california

Daniel R. Gamez is a debt attorney serving clients nationwide and focuses exclusively in debt relief. He is licensed to practice in all state and federal courts in California and Texas. Mr. Gamez owns and operates the Gamez Law Firm in San Diego and Los Angeles, and helps people with debt problems all over the country. For more information, please contact Daniel Gamez at 858-217-5051, or use our online contact form. Stay updated about the latest debt relief tips by following on Facebook and Twitter and read about client success stories on our website.