Has LR Credit filed a lawsuit against you?
LR Credit, LLC
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Are they legitimate? LR Credit is a company that handles a very high-volume of debt collection accounts and has been subjected to many FDCPA lawsuits over the years due to questionable practices (including abuse, deceptive conduct and other unfair practices). However, just because LR Credit is not your original creditor and has gotten in trouble for violating the FDCPA before, doesn’t mean you should simply ignore their collection attempts.
Whether they are engaging in internal collections or hiring law firms to sue on their behalf (such as Mel S. Harris & Associates), this company can still obtain valid legal judgments against you – especially if you ignore the process altogether. These judgments give LR Credit (in all 20+ registered forms) full legal authority from New York State to collect the amount they allege is owed, plus interest at 9%, attorney fees, etc. A judgment also allows LR Credit to garnish your wages, freeze your bank accounts, and seize other assets you own (in certain circumstances).
How can we help? Graham & Borgese can raise any legal defenses that you may have, investigate whether LR Credit’s efforts are legitimate, prevent a default judgment from being entered against you and/or negotiate a reasonable settlement with flexible monthly payments so you can protect your credit and save money. If you are receiving collection letters from LR Credit or have been sued by a law firm like Mel S. Harris & Associates on their behalf, contact Graham & Borgese right away for a free consultation.
Past Cases We’ve Handled:
LR Credit 18, LLC v. Mallory, Index #45552/08
Ms. Mallory was sued by Mel S. Harris & Associates, LLC, attorneys of record for LR Credit 18, LLC, a company that purchased the defaulted credit card account. The lawsuit resulted in a judgment for just under $5,000 and resulted in a wage garnishment notice being issued by her county Sheriff. After our office became involved, the matter was settled for $3,000, payable in $100 monthly installments (with no interest accrual) and the judgment was vacated as well. LR Credit 21, LLC v. Mondal, Index #39020/12 *Prior results do not guarantee a similar outcome. |
Contact one of our offices today to learn more about your rights and our extremely affordable fee rates and flexible payment plan options.