What to Do When You're Sued by Waypoint Resource Group
George Simons | October 27, 2023
Edited by Hannah Locklear
Summary: You've been sued by Waypoint Resource Group. What will you do now? Never fear, SoloSuit is here!
Debt collection lawsuits often come by surprise. You're caught totally unaware, and now you find yourself in the middle of a lawsuit. You have no idea how to proceed. After all, you don't know what to do when sued by Waypoint Resource Group.
Don't panic! Contrary to popular belief, you don't need a lawyer for a debt collection lawsuit. If you choose to represent yourself though, you'll have your work cut out for you.
SoloSuit is here to help. If you're the victim of a Waypoint Resource Group debt collection lawsuit, we have the resources you need to help win your case.
Who is Waypoint Resource Group?
Waypoint Resource Group is a third-party debt collector. That's a fancy way of saying that they chase down money for other people. Likely, you've never heard of Waypoint Resource Group before. You never borrowed any money from them. Why are they coming after you?
There are two possible reasons. First, the original lender hired Waypoint Resource Group to collect the debt. Waypoint Resource Group gets a commission from the original lender if they succeed.
Second, Waypoint Resource Group may have bought your debt outright. As a collection agency, the company can buy debt from its original lender at a huge discount. We're talking pennies on the dollar. This means that the debt isn't a total loss for the original lender. Additionally, since Waypoint Resource Group bought the debt at such a discounted rate, they can make a significant profit.
What Can You Do When You're Being Sued By Waypoint Resource Group?
All debt collection lawsuits have some common language and procedures. To defend yourself, you'll need to brush up on some of your basic “legalese.”
Creditor - The party that owns the debt. Also called the plaintiff.
Debtor - The party that owes money. Also known as the defendant.
In this case, Waypoint Resource Group is the creditor. That makes you the defendant.
Debt Collection Lawsuits: the Breakdown
If Waypoint Resource Group is suing you, it's time to act. Every debt collection lawsuit starts with one document: the Complaint. If you've already received the Complaint, the clock is already ticking. In most jurisdictions, you must reply within 14-30 days.
In the Complaint, Waypoint Resource Group will tell you how much money you owe. They should also submit documents showing the ownership of the debt, giving them the right to collect it.
You'll need to read the Complaint and draft a reply stating why you don't owe them the money in question.
Wondering how to respond to a Complaint? It can be a little tricky. You need to file a document called an “Answer” with the court. This document will outline your defenses (the reasons you're not responsible for the debt).
Acceptable defenses include:
Incorrect loan amount - Third-party debt collectors like Waypoint Resource Group often have incomplete debt records. Double-check the amount of debt listed in the Complaint and compare it to your numbers. You may have made payments that Waypoint Resource Group didn't include.
Lack of proof - Waypoint Resource Group needs to show the court that you owe them money. This task requires them to establish a paper trail linking you to their debt. They'll need to present several documents, like your original loan agreement. They also need to show that they can legally pursue your debt. That means either buying your debt from its original owner or collecting it on their behalf.
Expired timeframe - Each state has laws governing “statute of limitation.” The statute of limitations acts as an expiration date for court cases. If Waypoint Resource Group filed your case after the statute of limitations expired, the case is invalid. In most jurisdictions, the statute of limitations for debt collection cases are 2-4 years.
Don't bother trying to make excuses in your Answer - they won't work. The court isn't interested in why you can't pay your debt. They're just here to decide if you owe it in the first place.
What's the best possible outcome of a debt collection lawsuit? You win, of course! If Waypoint Resource Group fails to prove that you owe the debt, the court will rule in your favor.
But if you lose, Waypoint Resource Group has an arsenal of debt-collecting weapons at their disposal. Their two mainstays are court orders called garnishments and liens. These tools help them extract money from debtors.
Garnishment - Officially known as a “Writ of Garnishment.” This court order allows a plaintiff to take money directly from a defendant's income. That income may be a paycheck, capital gains, alimony, child support - anything, really. A garnishment continues until the debt has been paid in full, plus interest.
Liens - A lien is a claim to a piece of the defendant's property. It can be anything from real estate to cars and heavy equipment. A lien requires the defendant to pay any money that they make from selling that property towards repayment of their debt. For example, if someone places a lien on your house, you can't receive money from selling it before paying off your debt.
Both liens and garnishments are a serious threat to your wealth. They can financially cripple a defendant for years until their debt is finally paid. The best way to avoid these outcomes? Make sure you Answer Waypoint Resource Group's Complaint!
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
Some creditors, banks, and lenders have an internal collections department. If they come after you for a debt, Solosuit can still help you respond and resolve the debt. Here’s a list of guides on how to resolve debt with different creditors.
Don’t have time to go to your local courthouse to check the status of your case? We’ve created a guide on how to check the status of your case in every state, complete with online search tools and court directories.
Forgot to respond to your debt lawsuit? The judge may have ordered a default judgment against you, and with a default judgment, debt collectors can garnish your wages. Here are our guides on how to stop wage garnishment in all 50 states.
Debt settlement is one of the most effective ways to resolve a debt and save money. We’ve created a guide on how to settle your debt in all 50 states. Find out how to settle in your state with a simple click and explore other debt settlement resources below.
Not sure how to negotiate a debt settlement with a debt collector? We are creating guides to help you know how to start the settlement conversation and increase your chances of coming to an agreement with every debt collector.
If the thought of going to court stresses you out, you’re not alone. Many Americans who are sued for credit card debt utilize a Motion to Compel Arbitration to push their case out of court and into arbitration.
Below are some resources on how to use an arbitration clause to your advantage and win a debt lawsuit.
Do you keep getting calls from an unknown number, only to realize that it’s a debt collector on the other line? If you’ve been called by any of the following numbers, chances are you have collectors coming after you, and we’ll tell you how to stop them.
It only takes 15 minutes. And 50% of our customers' cases have been dismissed in the past.
"Finding yourself on the wrong side of the law unexpectedly is kinda scary. I started researching on YouTube and found SoloSuit's channel. The videos were so helpful, easy to understand and encouraging. When I reached out to SoloSuit they were on it. Very professional, impeccably prompt. Thanks for the service!" – Heather