#1 Obstacle to Winning Your Junk Debt Buyer Lawsuit

TL;DR

Learn about the number one obstacle in winning lawsuits against junk debt buyers and how to overcome it.

Transcript

• Hey everybody, John Skiba here from the Arizona Consumer Law Group. I'm also founder of the Consumer Warrior Project where I provide information to consumers who are dealing with pretty serious debt problems as far as how you can solve those problems. In today's video I wanted to discuss with you what I believe is the number one obstacle or hurdl... Read More

Key Insights

• 👪 Junk debt buyers flood courts with lawsuits in Arizona, affecting many families.
• 🛄 Belief in the defendants' debt often overrides correct documentation or ownership claims.
• 🤨 The absence of a contractual relationship between parties raises concerns about the debt buyer's authority.
• ✊ Obtaining a judgment gives debt buyers significant collection power.
• 📏 Courts should require debt buyers to adhere to the Rules of Evidence and Procedure.
• 🖤 Overcoming the obstacle requires emphasizing the lack of a contractual relationship with the debt buyer.
• 😘 Legal coaching services can be beneficial for self-represented individuals in low-dollar debt lawsuits.

Questions & Answers

Q: What is the main obstacle in winning lawsuits against junk debt buyers?

The main obstacle is the belief that the defendants owe someone, disregarding correct documentation or ownership.

Q: Why is it problematic that the original creditor is not suing?

It is problematic because there is no contractual relationship between the parties, and the debt buyer must establish ownership of the account.

Q: How does obtaining a judgment impact debt buyers?

A judgment allows debt buyers to have more collection opportunities, such as garnishing wages or seizing money from a checking account.

Q: How can consumers overcome the obstacle in these lawsuits?

Consumers should emphasize that the debt buyer is not the original creditor, there is no agreement or loan, and the debt buyer must adhere to the Rules of Evidence and Procedure.

Summary & Key Takeaways

• Debt buying companies flood the courts with lawsuits in Arizona, impacting many families.

• The number one obstacle in winning lawsuits against junk debt buyers is the belief that the defendants owe someone, regardless of correct documentation or ownership.

• The original creditor is not suing, and there is no contractual relationship between the parties.