July 17, 2013 - It Is a Frightening Statistic That 97% of Debt Collection Lawsuits End With Default Judgments
That means the borrower never raised any defenses or made the bank prove its case. We are seeing comparable numbers in foreclosure trials.
That is no way to negotiate from strength. Hiring a trial lawyer to defend your credit card or foreclosure cases is affordable. It substantially increases your chances of getting a good result.