Sued By Cascade Capital in Broward or Miami-Dade County?
Cascade Capital is a third party debt purchaser who regularly purchases bad debt from Santander Consumer USA. If you are being sued by Cascade Capital it’s probably because you at one point had a vehicle loan with Santander and the vehicle was repossessed and sold at an auction. Cascade Capital, buys the debt from Santander and now is attempting to sue you on the deficiency balance which is the difference between what the car was sold for and what you actually owed on it. Cascade files hundreds of cases in Florida each month.
What to Do if You Were Served a Summons from Cascade Capital?
If you have received a summons from Cascade Capital it means that you have been SUED and it is very important that you do not ignore the lawsuit against you. Cascade is hoping that you don’t respond to the lawsuit so they may obtain a default judgment against you and then begin to attempt to garnish your wages or levy your bank account. If you have been served please contact our office immediately for assistance.
What Defenses could a Debtor have to a Lawsuit by Cascade Capital?
Because Cascade buys their debts in bulk the documentation associated with the debt can get lost. If Cascade can’t provide for all the documentation then you may have a defense to the lawsuit.
Other defenses to a Cascade Capital lawsuit may include:
- Lack of Standing
- Prior Settlement/Settled
- Statute of Limitation has Expired
- Discharged in a bankruptcy
- Wrong Party
How Can A Miami Debt Settlement Attorney Help Me?
Shmucher Law, PL has represented numerous debtors against Cascade Capital. Our Debt Settlement Attorney will be able to file responsive pleadings on your behalf, attend mediation if necessary, and attempt to amicably resolve this matter by settling the debt and allowing the debtor to make monthly payments (if possible).
Shmucher Law, PL can assist debtors in Broward or Miami-Dade County defend and/or settle their lawsuit. We typically offer a flat-fee payment arrangement and we don’t collect our fee until a settlement agreement has been executed. Feel free to contact us at any time to schedule a free consultation either over the phone or in person.