Why did Plutus Receivables Management LLC file a lawsuit against me?

Plutus Receivables Management LLC initiated legal action against you because, despite multiple attempts by both the original creditor and our firm, we were unable to establish a payment plan or receive any payment from you. Our standard practice for debt collection involves proceeding with legal action when debts are not settled or payment plans are not arranged before the lawsuit.

Filing a lawsuit serves several purposes for us. 

1. 1. It helps to preserve the statute of limitations on the debt.
   2. Additionally, obtaining a judgment against you extends our timeframe for debt collection, as a judgment is typically valid for 10 years and can be renewed prior to its expiration.
   3. Furthermore, a judgment grants us the ability to employ more assertive collection methods, which may include receivership and the sale of any non-protected assets you might possess.