A credit card co i owe 8,000 to won a judgement against me How far can they go to get me to pay up? I'm in PA
Answers: YOU CAN'T GARNISH WAGES IN PENNSYLVANIA!! IT IS AGAINST THE LAW!
As far as collecting a judgment, a creditor can try to attach any bank accounts, brokerage accounts that you have and seize and funds, have the Sheriff of your County hold a Sheriff Sale of your property.
I would strong suggest that you contact an attorney in your county - you can get a referral from your county's bar association.
attach your wages
freeze your bank account
sheriff sale your possessions
Contact them and make arrangements to pay. Get them to agree to something less than the 8K. Get it in writing. Start paying them according to the agreement you make and STICK to it.
HINT: This is what happens when you default. I'd guess you've learned from it (?)
they will garnish your paycheck to get the money since you are not paying.
learn from this. stop borrowing money. leave credit cards alone.
get on a budget, learn how to handle money.
it depends on your state laws they cannot harrass you for the money but they can do other things depending on your states laws some people are allowed to call and ask for their money every six weeks some take you to court some just run their mouth and tell you they can do things when they cant if they beat you in court it would be wise to send them a five dollar check every month with account number in the memo section they have to accept because you are trying to pay the debt
if not then you can take them to court it is illegal to keep someone from paying on a bill that they owe and it is illegal to not pay on a bill as long as you send them something to try to pay on it you are untouchable debt sucks and its hard to climb out of that hole once you are in hopefully the people you deal with will understand this and oblige.
Waht happen if my Credit Card company sues me?
I have be served with a regulation suit by Chase Bank for a $9,000 on an unpaid credit credit card. I have no money to reimburse it. Statute of limitations in Texas is 4 years - this debt is 3 years mature. My understanding is that wages are exempt from garnishment contained by Texas. I do own a home, a car and a few stocks. What happen if I don't respond? What if I do? I don't want the time clock to start over, but I also don't want to be stuck with excessive attorney fees, enjoy a lien placed on my home, etc.Answers: If you do not respond they win by default, if you do respond they will still win if the debt is legit.
Your right contained by Texas 100% of wages are exempt from garnishment but they can also attach your bank accounts and directory liens on any other property you may own like cars, boats, estate and homes.
You really need to consult beside an attorney. Contact your local bar association and ask them if they own a referral program. Most do and you can usually get around 30 minutes for around $50 with a qualified attorney. Take your stuff--the imperative suit, your bills, your last three or four years worth of rates returns, etc. with you contained by an organized fashion so if the attorney wishes to ask you something you have a prayer of a legit answer.
You will NOT grasp the situation resolved in that short a time frame, but you can find out what your option are AND if you need an attorney if that one seem to be a good fit.
Well, if you dance to court and lose, you do have to foot what the judge awards. If you do nought and don't show up in court, you will lose by evasion and have to repay. If they can't garnish your wages, they can normally attach any tax refund you get, or put a lien on your house.
However, you can go and get them to drop the lawsuit by settling with them out of court, and after the debt will be settled forever. Check out the article below to see how to settle for as little as 1/3 of what you owe.
Hope this helps.
At this point i would find an attorney involved, 9k is allot. Getting a good attorney will negotiate that harmonize for less, most feasible 50percent with a salary plan.
The Bad Credit Questions?
I am perplexed by the number of people who post question about their unpromising credit, their poor credit scores and their inability to win a loan.HINT: If you have doomed to failure credit, why would someone loan you money? You need GOOD credit surrounded by order to borrow money. This is because nearby is an expectation that you will pay it put money on, with interest. That's how it works.
So, explain to me the question, and why they're being asked. Ten solid points for a virtuous argument.
Answers: I think they are person asked because no one took the time to school most of the people almost the responsiblity that goes along near having credit. They catch a few cards and all is ably. Then an unexpected event happen and they can't make the payments. They reflect on a loan will solve their problems. The loan will only join to the problem. I think school need to touch on this contained by 11th and 12th grade. I see profoundly of college students with much more than student loan debt.
Medical emergency that is to say not covered by insurance.
Divorce. If your spouse screwed up your credit before the divorce be final you're still held accountable.
Some parents/schools do not educate simple things that apply to real natural life such as how to balance a checkbook and how to use credit.
Death of a spouse.
There are several reason for people to enjoy bad credit, don't intermediary just tender a helping hand.
Granted frequent seem to use the excuse that they be young and dumb but still here are legitimate reason for bad credit.
They are individual asked because there is in fact a market for ancestors with fruitless credit..a whole cottage industry if you will. Obviously it is base on risk/reward and charge a higher interest rate.They cater to general public with bleak credit though the sub-prime mess has forced masses lenders out. Therefore, the lenders are few and far between at this point but they do still exist. These people are asking for assistance surrounded by finding these lenders.