Consumer Law

Video - Debt Buyers Who Sue Often Don't Show Up At Trial!

By M. Stan Herring

We have blogged and written about the fact that debt buyers normally can't or won't prove that they own the debt but it still is remarkable that we see time and time again that at trial the debt buyer has no proof.

I don't mean the proof is not persuasive. I mean there is no proof. No witness that can testify. No documents to introduce into evidence.

Why?

Money. Its all about the money.

Costs money to bring in witnesses and to actually have proof that the alleged debt is owned by the debt buyer and owed by the consumer. Since so many people don't answer the lawsuits - and therefore receive a default judgment against them - why should the debt buyers spend money on actually proving their case?

Remember in your case they may be able or willing to prove their case - but I haven't seen it yet.

If you would like more information, and in particular our free report on the Five Secrets Debt Buyer's Don't Want You To Know About, contact us at 205-879-2447, through our website, or by filling out the form below. We wish you the best!

Full post as published by Alabama Consumer Blog on May 17, 2010 (boomark / email).