Debt collectors are notorious for their unethical and aggressive tactics to try and get people to pay what they owe. It’s not uncommon for them to make false promises, like saying they can immediately remove an inquiry from your credit report if you agree to repay the debt. In reality, they have no such power.
Dealing with multiple debt collectors can be a frustrating and overwhelming experience for many people.
These interactions are often hostile, with collectors using pressure tactics to try and get you to pay up. It’s important to be aware of their tactics and know your rights so that you can protect yourself from harassment and unfair treatment.
Have you ever received a notice from a company called Medicredit and wondered what it was all about? You’re not alone. Many people have never heard of Medicredit and are surprised to receive notices from them.
So what is Medicredit? Medicredit Corporation is a collection agency that purchases charged-off debts from other creditors at a discounted rate. They then turn around and initiate the collection process in an attempt to collect on the debt and make a profit.
While you may not have had any direct dealings with Medicredit, they may still be trying to collect on a debt that you owe. So it’s important to be aware of who they are and what they do.
At some point, we all may find ourselves in debt. And while it’s not a fun experience, dealing with debt collectors doesn’t have to be a nightmare. Enter Medicredit.
Medicredit is a business that specializes in collecting on charged-off debts. This means they often employ debt collectors who can be aggressive, intimidating, and even borderline harassing. Additionally, Medicredit frequently files debt collection lawsuits in an effort to collect the full amount owed from the charged-off debt.
However, this doesn’t mean you have to give up hope or succumb to the harassment. We can help!
You Have Rights
Debt collectors often take advantage of consumers by using unfair or deceptive practices. Many people are unaware of their rights under the Fair Debt Collection Practices Act (FDCPA), and as a result, debt collectors may use harassing or vulgar phone calls or contact you at work or at all hours of the night.
However, you may have grounds to file a lawsuit against the debt collection company for violating the FDCPA in cases where these inappropriate practices occur.
What To Do If Medicredit Sues You in a Debt Collection Lawsuit
The amount of time you have to respond to a debt collection lawsuit is limited. It is important to be proactive and respond to the Complaint as soon as possible. This way, you can give yourself the best chance of success in the case.
Tips for Answering a Complaint from Medicredit:
- Do not admit to owing the debt. The company has to prove that you actually owe the debt. This is important because it’s common for the wrong person to be sued by a debt collection company.
- File your Answer with the Clerk of Court within the time provided (usually 20-30 days after being served with the Complaint).
- Mail a copy of your Answer, stamped by the Clerk of Court, to Medicredit.
Answering with Affirmative Defenses
In reply to the Complaint, you can point out the many ways that Medicredit’s lawsuit falls short. Remember, in a debt collection case, the burden of proof rests on the debt collector to show that you are liable for the amount owed.
This means they must be able to demonstrate with hard evidence that:
- You are indeed the person responsible for paying back the debt.
- The debt collector has legal grounds to take action against you.
- The specific amount listed in Medicredit’s Complaint is what you actually owe.
There is a good chance you will prevail in the lawsuit against Medicredit, unless they can establish these three key legal elements. Without sufficient evidence to back up these elements, your case looks strong.
The statute of limitations is the amount of time someone has to file a lawsuit against another person or company. In most cases, the statute of limitations is two years. However, there are some exceptions to this rule. For example, the statute of limitations for fraud is five years.
Cavalry SPV is suing you on a debt where the applicable statute of limitations has expired; then, you can file a motion to have Medicredit’s debt collection lawsuit dismissed with prejudice.
You may be able to defeat Medicredit by raising the statute of limitations, but you may also be eligible for compensatory damages and reimbursement of your legal fees by filing a “Countersuit” or “Counterclaim.”
This is especially true if you have evidence that they violated a provision of the FDCPA.Clearone Advantage, Credit Associates, Credit 9, Americor Funding, Tripoint Lending, Lendvia, Simple Path Financial, New Start Capital, Point Break Financial, Sagemore Financial, Money Ladder, Advantage Preferred Financial, LoanQuo, Apply.Credit9, Mobilend