Can I be sued while in the process of settling a debt?
Yes, you can be sued while in the process of settling a debt in Arkansas. The Debt Settlement Law in Arkansas allows creditors to sue debtors even after they have initiated a debt settlement program or reached a settlement agreement. Creditors are able to sue debtors in limited circumstances, such as when there is an unsatisfied judgment or when there is a breach of contract, such as not making payments as agreed. Additionally, creditors may also sue debtors if they believe any of the information provided in the debt settlement program was fraudulent or misleading. If you are sued while in the process of settling a debt in Arkansas, it is important to seek the advice of an experienced attorney or debt settlement company as soon as possible. They will be able to review the case and advise you on the best course of action. It is also important to keep up with all payments and paperwork during the debt settlement process, as creditors may use this as grounds to pursue legal action against you. Ultimately, it is always best to be proactive with debt settlement in Arkansas by seeking legal advice and working with your creditors to come to a resolution before a lawsuit is filed. This can help ensure a more favorable outcome and reduce the chances of being sued.
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