What to Do If You've Been Sued by NCO Financial Systems Incorporated

Chloe Meltzer

September 01, 2021

Don't put up with shady debt collection tactics.

Summary: If NCO Financial Systems is suing you for a debt, use SoloSuit to respond in 15 minutes and win your lawsuit.

Are you receiving calls or letters from NCO Financial Systems Incorporated suing you for past-due debt? If so, you may be ignoring these letters and this is the worst thing you can do. Not everyone at NCO is a big bad debt collector, but in some cases, you may make contact with rude collection agents. In some cases these rude agents may be a method to get out of the lawsuit altogether, so it is important to educate yourself on your rights, and what to do if you've been sued by NCO systems incorporated.

What is NCO Financial Systems?

NCO Financial Systems is a large debt collection agency that works to collect money that is owed to its clients. Most often their clients are companies that sell to consumers. They are also known as NCO Credit or NCO Financial Systems and use representatives to reach out to debtors by phone, email, and mail. There are many different branches in the United States and around the world. When responding to NCO Financial Systems you will want to ensure that you fax your information to the branch assigned to your account. This is incredibly important because it will most likely stop the calls immediately.

Protect your assets by filing a response with SoloSuit.

What to Do If You've Been Sued by NCO Financial Systems Incorporated

If you are a few months past due on a debt, then your creditor may assign or sell the debt to a third-party debt collection agency. In this case, a third-party debt collector will attempt to collect on this debt, and in cases where you cannot pay, you will be sued. If you do not believe that you are responsible for the debt, then you will need to follow the proper steps to respond. If you do not respond then NCO will be given a default judgment against you. This can lead to wage garnishment or money being taken directly from your bank accounts.

Verify the Timeline of Events

If you are being sued by a debt collector, then you should look into what the process is like. Your timeline will vary from any other timelines, but you should first always verify the debt and ensure that you do owe it.

Once you receive the letter that you are being sued, it is most likely already 180 days past due. Within five days of this letter, NCO must send you what is called a debt validation letter. This states how much you owe and how to dispute the debt if you believe it is not yours. If you believe that you do not owe the debt, then you can ask for a verification letter which must be sent within 30 days.

If your debt is yours, then you must respond. You may even be able to set up a plan to pay off the debt in a payment plan or negotiation. If you do not repay or settle the debt then you will be sued and this will lead to a court notice.

How to Respond

After verifying the debt, you will need to formulate your response, which is called an “Answer”. If you do not respond you will face worse consequences such as wage garnishment or taking money directly from your accounts. If you miss these deadlines is will be far harder to settle or countersue when the time comes.

Respond to a debt collection lawsuit in 15 minutes with SoloSuit.

Challenge the Lawsuit

Debt collectors usually obtain this debt after it has passed through multiple hands. This is why if you are being sued for a debt you should always challenge the lawsuit. Sometimes the debt may not even be yours, or you may have already paid it. It is also important that the amount is correct. Oftentimes debt collectors may sue you for debt that is more than you owe.

When filing your response to the lawsuit, you can ask for the following information to be included in your validation letter:

  • Name of the creditor
  • How much of the debt has been paid
  • What the amount on the debt is
  • Whether the debt is past the statute of limitations

Look to the Statute of Limitations

The statute of limitations are laws that govern how long a debt collector may legally sue you for debt. Although it is on average around six years, it can be anywhere from three to 20 years. This will vary on which state you are being sued in, but also the type of debt you owe.

Countersue

There are rules that govern how a debt collector may speak to you and collect on a debt. These rights are governed by the Fair Debt Collection Practices Act (FDCPA), as well as the Fair Credit Reporting Act and Truth in Lending Act. Under the FDCPA, debt collectors may not do the following:

  • Contact you at odd hours, which is generally outside the hours of 8 a.m. and 9 p.m.
  • Harass you in any way. This might include using profane language or threatening harm.
  • Threaten to take your property or deposit any post-dated checks.
  • Tell anyone other than your spouse about the debt.
  • Make fraudulent claims, and misrepresent who they are or how much you owe.

Make the right defense with SoloSuit and win in court.

Accepting Judgment

There are a few decisions you will need to make when you are fighting a debt collection lawsuit. If you decide to accept the judgment, then you can either go to court or accept the judgment and settle out of court. In these cases, you may be able to negotiate a settlement. If you have limited wages and assets then you may also be judgment proof. This means that your wages cannot be garnished because you make too little income.

Filing for Bankruptcy

The final option is to file for bankruptcy. In this case, all your debts will be forgiven and a debt collector will no longer be able to collect from you. You must know that this will follow you for life and that it is not usually the best option.

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


Get Started


>>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

How to Answer a Summons for Debt Collection Guides for Other States

Here's a list of guides for other states.

All 50 states.

Guides on How to Beat Every Debt Collector

Being sued by a different debt collector? We're making guides on how to beat each one.

Win Against Credit Card Companies

Is your credit card company suing you? Learn how you can beat each one.

Going to Court for Credit Card Debt — Key Tips

How to Negotiate Credit Card Debts

How to Settle a Credit Card Debt Lawsuit — Ultimate Guide

Get Answers to These FAQs

Need more info on statutes of limitations? Read our 50-state guide.

Why do debt collectors block their phone numbers?

How long do debt collectors take to respond to debt validation letters?

What are the biggest debt collector companies in the US?

Is Zombie Debt Still a Problem in 2019?

SoloSuit FAQ

If a car is repossessed, do I still owe the debt?

Is Portfolio Recovery Associates Legit?

Is There a Judgment Against Me Without my Knowledge?

Should I File Bankruptcy Before or After a Judgment?

What is a default judgment?— What do I do?

Summoned to Court for Medical Bills — What Do I Do?

What Happens If Someone Sues You and You Have No Money?

What Happens If You Never Answer Debt Collectors?

What Happens When a Debt Is Sold to a Collection Agency

What is a Stipulated Judgment?

What is the Deadline for a Defendant's Answer to Avoid a Default Judgment?

Can a Judgement Creditor Take my Car?

Can I Settle a Debt After Being Served?

Can I Stop Wage Garnishment?

Can You Appeal a Default Judgement?

Do I Need a Debt Collection Defense Attorney?

Do I Need a Payday Loans Lawyer?

Do student loans go away after 7 years? — Student Loan Debt Guide

Am I Responsible for My Spouse's Medical Debt?

Should I Marry Someone With Debt?

Can a Debt Collector Leave a Voicemail?

How Does Debt Assignment Work?

What Happens If a Defendant Does Not Pay a Judgment?

How Does Debt Assignment Work?

Can You Serve Someone with a Collections Lawsuit at Their Work?

What Is a Warrant in Debt?

How Many Times Can a Judgment be Renewed in Oklahoma?

Can an Eviction Be Reversed?

Does Debt Consolidation Have Risks?

What Happens If You Avoid Getting Served Court Papers?

Does Student Debt Die With You?

Can Debt Collectors Call You at Work in Texas?

How Much Do You Have to Be in Debt to File for Chapter 7?

What Is the Statute of Limitations on Debt in Washington?

How Long Does a Judgment Last?

Can Private Disability Payments Be Garnished?

Can Debt Collectors Call From Local Numbers?

Does the Fair Credit Reporting Act Work in Florida?

The Truth: Should You Never Pay a Debt Collection Agency?

Should You Communicate with a Debt Collector in Writing or by Telephone?

Do I Need a Debt Negotiator?

What Happens After a Motion for Default Is Filed?

Can a Process Server Leave a Summons Taped to My Door?

Learn More With These Additional Resources:

Need help managing your finances? Check out these resources.

How to Make a Debt Validation Letter - The Ultimate Guide

How to Make a Motion to Compel Arbitration Without an Attorney

How to Stop Wage Garnishment — Everything You Need to Know

How to File an FDCPA Complaint Against Your Debt Collector (Ultimate Guide)

Defending Yourself in Court Against a Debt Collector

Tips on you can to file an FDCPA lawsuit against a debt collection agency

Advice on how to answer a summons for debt collection.

Effective strategies for how to get back on track after a debt lawsuit

New Hampshire Statute of Limitations on Debt

Sample Cease and Desist Letter Against Debt Collectors

The Ultimate Guide to Responding to a Debt Collection Lawsuit in Utah

West Virginia Statute of Limitations on Debt

What debt collectors cannot do — FDCPA explained

Defending Yourself in Court Against Debt Collector

How to Liquidate Debt

Arkansas Statute of Limitations on Debt

You're Drowning in Debt — Here's How to Swim

Help! I'm Being Sued by My Debt Collector

How to Make a Motion to Vacate Judgment

How to Answer Summons for Debt Collection in Vermont

North Dakota Statute of Limitations on Debt

ClearPoint Debt Management Review

Indiana Statute of Limitations on Debt

Oregon Eviction Laws - What They Say

CuraDebt Debt Settlement Review

How to Write a Re-Aging Debt Letter

How to Appear in Court by Phone

How to Use the Doctrine of Unclean Hands

Debt Consolidation in Eugene, Oregon

Summoned to Court for Medical Bills? What to Do Next

How to Make a Debt Settlement Agreement

Received a 3-Day Eviction Notice? Here's What to Do

How to Answer a Lawsuit for Debt Collection

Tips for Leaving the Country With Unpaid Credit Card Debt

Kansas Statute of Limitations on Debt Collection

How to File in Small Claims Court in Iowa

How to File a Civil Answer in Kings County Supreme Court

Roseland Associates Debt Consolidation Review

How to Stop a Garnishment

Debt Eraser Review