Palisades Lawsuits – Have they sued you?
We haven’t seen a lawsuit or a claim of any sort from Palisades in quite some time. They were a small/medium sized debt buyer whom we used to deal with on a regular basis.
Palisades is/was a company that buys bad debt from banks/lenders to try to make a profit. They bought small to medium sized portfolios of allegedly defaulted credit card accounts for pennies on the dollar and then tried to collect on them. They used to file dozens of lawsuits daily in hopes of collecting on old debt claims that have been charged off by the original creditor.
In my experience, I have found that the lawsuits filed by Palisades are usually legally insufficient. We used to object to these lawsuits on insufficiency grounds with great success.
Our firm has a great deal of experience in defending credit card collection cases. If you have been sued in any
Pennsylvania county, by Palisades or another collection agency, our firm can help you defend this claim at minimal cost, with a great chance at success. Contact our office here, call me at 412-823-8003 or visit our Pennsylvania Credit Card Legal Center here.