Does Chase Sue for Credit Card Debt?

Chloe Meltzer

February 04, 2021

Summary: Is Chase Bank coming after you for an old debt? Learn how to fight a debt collection lawsuit from Chase. Use SoloSuit to respond fast and win in court.

Although many credit card companies and banks choose to sell their accounts to a debt collection agency, Chase Bank is known for the opposite. Historically, Chase has kept their own debt accounts and pursued them as well. They often go through the process of filing collection lawsuits.

To prove their case, Chase Bank typically relies on witness testimony. This often comes in the form of a “business record affidavit.” If you have recently been served by Chase, then you must understand the rules of evidence when fighting these claims.

What To Do When You're Sued by Chase for Credit Card Debt

When being sued for credit card debt by Chase Bank, the first step is to automatically respond to the summons. If you do not respond within the specified amount of time, you run the risk of a default judgment.

SoloSuit makes it simple to respond and avoid a default judgment.

Avoid a Default Judgment

When a default judgment occurs you will be forced to pay the debt in full. Default judgments are very common because most consumers do not respond. If you respond to the lawsuit, then you have a better chance of fighting or settling the debt for less than the original amount.

Pursue a Dismissal or Settlement

If you respond with a strong case, then you have the opportunity of having your case dismissed or agreed upon to a settlement. This depends on your situation. But there are a few main claims you can make to help sway the judge in your favor.

Reliable defenses to a debt collection lawsuit might include:

  • Proof that you do not owe the money and you are a victim of identity theft.
  • You were not 18 years old when you acquired the debt.
  • The statute of limitations has been reached.
  • You have filed for bankruptcy.
  • The bill has already been paid.
  • The creditor is trying to collect more than you legally owe.
  • The creditor cannot show proof of the debt.
  • You were unfairly tricked into agreeing to the debt.

Use SoloSuit to win your debt collection lawsuit.

What Happens After a Judgment?

If Chase pursues you and a judgment is placed against you, then a few major consequences may occur.

  • Freezing of assets: When this occurs your bank account is frozen. It can then be essentially emptied by judgment creditors until they receive their money back for your debt.
  • Wage garnishment: Creditors can take a percentage of each paycheck you receive to pay back the debt you owe.
  • Judgment lien: If you own a home, then a judgment can put a cloud on the title of your property. You could lose your home by having it sold at an auction to satisfy your debt.
  • Negative impact on your credit report: The judgment will be published in your credit report for up to seven years on the public record. This can decrease your credit score and make it difficult to obtain loans, and rent a property.

Protect your assets by responding to Chase with SoloSuit.

Counterclaims in Court

If you're fighting a lawsuit against Chase bank, your last chance after trying for defense is to file a counterclaim. You essentially sue the creditor after they have already sued you. Counterclaims might include showing that the creditor or collection agency did something illegal when trying to collect the bill. Or perhaps they charged you illegal fees. If you end up going to trial, you will be forced to prove your counterclaim.

Since Chase collects many of their debts themselves, they can be challenging to beat in court. It's important to know your rights. It's the best way to win your case. Follow the steps in this article, and you might get Chase to drop the lawsuit or win a counterclaim that will cancel out your debt.

What is SoloSuit?

SoloSuit makes it easy to respond to a debt collection lawsuit.

How it works: SoloSuit is a step-by-step web-app that asks you all the necessary questions to complete your answer. Upon completion, you can either print the completed forms and mail in the hard copies to the courts or you can pay SoloSuit to file it for you and to have an attorney review the document.

Respond with SoloSuit

"First time getting sued by a debt collector and I was searching all over YouTube and ran across SoloSuit, so I decided to buy their services with their attorney reviewed documentation which cost extra but it was well worth it! SoloSuit sent the documentation to the parties and to the court which saved me time from having to go to court and in a few weeks the case got dismissed!" – James

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>>Read the FastCompany article: Debt Lawsuits Are Complicated: This Website Makes Them Simpler To Navigate

>>Read the NPR story on SoloSuit: A Student Solution To Give Utah Debtors A Fighting Chance

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