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I have been issued a civil summons for credit card debt I have been on unemployment for the past two years and have no disposable income what can I say to the judge?
Wiki User
∙ 13y ago
If possible, you would be best off to retain legal representation. There are firms and organizations that provide free (pro bono) representation to individuals without significant resources.
Since you appear to have internet access, I recommend that you follow the related links to find an appropriate lawyer near you.
Now, I am not a lawyer, so I will provide you with my unlicensed opinion regarding what to tell the judge (in the event that you are not in a position to obtain legal counsel).
Tell the Judge the truth - you are not able to pay because you are unemployed, have been for two years and all the income that you have goes to necessary living expenses. The judge will then decide what steps are necessary to (1) verify your budget [based on a recent year of expense], (2) determine what you can afford (if anything) and (3) if found guilty, what payment(s) you may make moving forward.
Wiki User
∙ 13y ago
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You only received unemployment for 2009 will you be eligible for earned income credit?
Unemployment benefits are not "earned income", so you should not be eligible for earned income credit.
What is a good credit limit for a credit card?
One that you can comfortably service. Obviously it would differ according to your disposable income.
How to culculate personal income to disposable income?
Personal Income = Disposable Income + Personal Savings
Does disposable income decrease when income decreases?
yes because the disposable income it is necessary to determine total income so when income decrease does disposable income decrease also.
How do record accrural of federal unemployment TAX?
Debit: Income tax expense Credit: Income tax payable
Where can one find disposable income?
Disposable income is defined to be income that is available for spending and saving after all taxes have been accounted for. Therefore, disposable income is a result of any income in a general sense. One needs to have a source of income such as a job to have more disposable income.
Does being on unemployment affect your credit rating?
No. It does not affect your credit history. However, when you apply for a loan, it is constituted as a form of income and a form of "unstable" income. So, if you are currently collecting unemployment, and are interested in applying for a mortgage, you might get declined. Not because of your credit, but because it's considered income.Another opinion:Yes it does. Periods of unemployment effect your credit score in a negative way. collecting unemployment clearly put you in the light of creditors as being in that "period on unemployment". See the Related Link below.
What is the between disposable income and discretionary income?
Formulas are: Disposable income = consumption expenditure + savings - support of others; Discretionary income = Gross income - taxes - necessities. Although denotatively wrong, disposable income is commonly used to denote discretionary income.
What is the different disposable income and discretionary income?
Formulas are: Disposable income = consumption expenditure + savings - support of others; Discretionary income = Gross income - taxes - necessities. Although denotatively wrong, disposable income is commonly used to denote discretionary income.
What is the different between disposable income and discretionary income?
Formulas are: Disposable income = consumption expenditure + savings - support of others; Discretionary income = Gross income - taxes - necessities. Although denotatively wrong, disposable income is commonly used to denote discretionary income.
What is the difference between disposable income and discretionary income?
Formulas are: Disposable income = consumption expenditure + savings - support of others; Discretionary income = Gross income - taxes - necessities. Although denotatively wrong, disposable income is commonly used to denote discretionary income.
Would personal income disposable income or discretionary income be of the greatest interest to marketers?
Discretionary income, not personal income or disposable income, would be the greatest interest to marketers.
