What Should I Do If Crown Asset Management Suing Me?

George Simons

October 08, 2021

Stop creditors coming for old debts.

Summary: Is Crown Asset Management suing you for a past due balance? Find out what to do if Crown Asset Management is suing you and how you can beat them in court.

If you are enduring intimidating and harassing phone calls from a debt collection company like Crown Asset Management, you may be feeling anxious, stressed out, and overwhelmed with uncertainty about your financial future. SoloSuit understands how you feel and are here to help.

It is important to know that you have legal rights when contacted by a debt collection company like Crown Asset Management and there are certain affirmative defenses you could potentially raise that could help you prevail over Crown Asset Management in a debt collection lawsuit.

File a response to a debt collection lawsuit in 15 minutes with SoloSuit.

Who is Crown Asset Management and why are they suing me?

If you've never heard of Crown Asset Management and have no idea why they are trying to haul you into court to collect on an outstanding debt, you are not alone. Crown Asset Management purchases charged-off debts from other companies at a substantial discount. They then file collection lawsuits and unleash aggressive debt collectors on consumers in the hopes of getting those delinquent debts repaid in full.

In regards to why they suing you, the answer is simple - they want to make a profit. The business model of Crown Asset Management is primarily purchasing delinquent debts for pennies on the dollar and if they can collect on those debts, they make money. Suing you is part of their strategy to try and collect on the outstanding debt to generate a large profit.

Crown Asset Management will file a lawsuit and rely primarily on “business record affidavits” to prove they have a viable collection case against you. If you are served with a collection lawsuit that is accompanied by such an affidavit, do not give up hope. It is possible to raise specific defenses that reveal the glaring deficiencies in Crown Asset's Complaint,.

SoloSuit helps you make the right defense the right way.

Actions to take if you are sued by Crown Asset Management LLC

If you are served with a collection lawsuit by a representative or processor server hired by Crown Asset Management, there are specific actions you should take to protect your rights and to position yourself for victory in the impending court battle with this debt collector.

First and foremost, do not let anxiety or fear paralyze you to the point that you do not take action or simply hope that the lawsuit goes away. This is what many debt collection companies, including Crown Asset Management, hope you do. They count on you feeling overwhelmed and ignoring the lawsuit. The sad reality is that Crown Asset Management LLC, along with a plethora of other debt collection companies, prey on vulnerable and stressed-out consumers who are struggling to keep their heads above water financially.

When they file that lawsuit against you, they are taking a calculated gamble. That gamble is assuming you will not respond to the lawsuit and will not challenge their business affidavit or accounting. Unfortunately, many consumers opt to ignore a collection lawsuit and these debt collectors obtain judgments as a result of non-action by consumers.

Responding to the Complaint is critically important because if you don't, Crown Asset Management will likely obtain a default judgment against you. Once a default judgment is entered, the debt collector has the power to garnish your wages, freeze your bank account, and even seize personal property like your automobile. Do not let this happen. Take action and respond to the Complaint.

When you are served with the lawsuit, it is important to draft your “Answer” to the Complaint promptly. This is because you only have a limited amount of time (i.e. typically between 20 and 30 days) to respond to the lawsuit. If you fail to file your Answer in the allotted time frame, the debt collector can turn around and obtain the dreaded default judgment.

Avoid a default judgment by responding with SoloSuit.

Once you file your Answer to the Complaint, it is important to stay on top of the case. Do not simply assume that your Answer is the end of the legal battle. For example, there will be a date provided in the Complaint indicating when you need to appear in court to defend yourself. In addition, before the trial date, there is a “discovery” phase whereby the parties involved in the litigation can submit written requests for specific information and documentation. This provides an opportunity for you to demand a specific accounting of the alleged debt and to request that Crown Asset Management prove that you owe the amount alleged to be delinquent.

This is important because it is quite common for these large debt collection companies to sue the wrong person or to inaccurately state the amount owed. This is why you should request documentation substantiating the amount of the original debt and make Crown Asset Management justify any fees, penalties, and other expenses that they have tacked on to the outstanding debt allegedly owed. You should take steps to hold Crown Asset Management accountable and make them prove their case against you.

For additional information on how to effectively and appropriately respond to a debt collection lawsuit filed by Crown Asset Management, consider utilizing the resources provided by SoloSuit.

How to beat Crown Asset Management LLC

The objective of SoloSuit is to help demystify the process of responding to a lawsuit filed by a debt collection company. As mentioned, many debt collection companies prey on consumers who do not understand the complexities of the legal process.

Here is how it works, in most cases - SoloSuit is a step-by-step web app that asks you specific questions. Once you answer the list of specific questions, you have the option to either print the completed legal forms and mail in hard copies to the court where the debt collector filed suit, or you can pay SoloSuit to file it for you and to have an experienced and knowledgeable attorney review the document.

Here is an overview of what you need to do if you are taken to court by Crown Asset Management LLC for an alleged outstanding debt:

  • Make sure you file your Answer within the timeframe provided by the Court.
  • Never admit liability for the alleged debt (make Crown Asset Management prove its case against you).
  • Consider raising the affirmative defense, like the statute of limitations or the failure to establish that you owe the amount claimed, to highlight the glaring deficiencies in Crown Asset's lawsuit against you.

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 in your state

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