Debt collector sued for breech of contract? I live in Texas and I a moment ago received a citation

I live in Texas and I a moment ago received a citation that I need to answer in 10days to a suit filled by CACH LLC for breach of contract. They are stating that they are an assignee of chase ( which be who the originl debt was with). But I never have a contact with CACH. what characteristics of answer should I file...I know not to ever recognize the debt.

Thanks in mortgage for the help...please permit me know if you need more information.

Did you have any form of a contract next to Chase? If you did and CACH LLC is an assignee of Chase then it sounds to me similar to you have default and the contract was sold.

Creditors go accounts all the time.

Don't know if that applies or not.

Breach of contract? Are you sure this is an official court document and not a startle tactic?

Sounds strange to me.

No issue how you answer as long as the company can prove they were assigned the debt they will acquire a judgment. On your credit where on earth it says "charge off" that in recent times indicates Chase is no longer trying to collect on the debt; however, it does NOT mean the debt be not reassigned. Once you go to court, generally you can sign a mediation or stipulation indicting how much you can pay respectively month, so you don't have to come up near the entire balance.
Also, perfect thing, within Texas you can NOT have your wages garnish.
Good Luck!
Oh..i forgot, LISA's advice be great but once it gets to the point of a summons, it's too delayed to try to get the debt validate.

Chase signed (sold) the debt to CACH (or at lowest that is what sounds close to happened base on your question)

Begin by asking them to validate the debt...significance that you are requesting that you prove that the debt is actually yours...this is a moment ago a stall tactic since you seem to hold admitted that it is. Once they do this, you dont own to 'admit it' since you know it is yours and they do to.
try to work out an arrangement where you can settle on an amount to discharge them to close the account as compensated in full.

If you owe 4k ask to settle for partially (because it is all that you have) and bargin from at hand.
you never said what you owe and why you have not rewarded it and how long the account have been overdue.

If you owe the debt but you dont hold a lump sum to settle with, why not answer that you will payment them 30 bucks a month or whatever you can afford and see if they will adopt it.
All they can say is no and if they do, you are not a bit worse off than you are at this moment.

Somewhere in the language of the contract you had next to Chase, it gives Chase the right to get rid of the contract. They sold it to CACH.

If that's an actual summons to court, you have to respond in the timeframe. Depending on the amount of the debt, you may need an attorney. Or you could simply contact CACH and work out a settlement.

Depending on how old the debt is, you may be capable of settle for half, if you can come up beside one lump sum. Any payment arrangement would own to be short term -- 6 months, unambiguously less than a year. Get any settlement agreement within writing and don't give them access to your ridge account.

If you do move about to court, they are likely to win a sentence. Then attach your bank justification, garnish your wages, and lien your propery.

MBA's answer is the best so far....

Lets review.

1) CACH is a collection agency, and they any bought your debt or Chase assigned it to them.

2) If this is a court suit you MUST file an answer near the court. It's nothing more consequently a letter (do a turn upside down to find the proper format, but anything will help). If you do not file an answer you lose your covering automatically by default.

3) If the debt is over 4 years antiquated, tell the court contained by your answer that the Statute of Limitations has expired and they can not reasonably file a lawsuit. This is VERY COMMON. Collection agencies depend on the certainty that you do not understand your rights, and will profile a lawsuit on old debts contained by hopes of winning a non-attendance judgment.

DO NOT take-home pay this debt until you have done some research. In Texas, your wages can not be garnish. Your property can be seized, but you are allowed to protect a lot of it from occupation. The fact is that unsecured debts are EXTREMELY difficult to collect within Texas. Use that fact when you negotiate next to the collection agency.
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