You either settle out of court or you end up in court. Given that the debt is probably well documented, the court will issue a judgment against you, perhaps including the court costs (usually you have agreed to this in the contract). Then the creditor will give you a certain time to pay off the money, or they will garnish your wages, foreclose or seize assets to be sold.
You respond and defend youself.
If you have no defense, you pay.
If you don't or can't pay, they can get a judgment and may seize your property assets.
Wages can be garnished if the creditor wins a judgment against you. In order to so that, you must first be sued by the creditor. And the creditor must win the judgment in court. If you are sued, be sure to attend the court hearing and plead your case to prevent this from happening.
No they can not sue you.
Yes, you can be sued for the original debt, minus any money the creditor received during the 13 plan.
A creditor can only levy your bank account by getting a judgment against you. To do that, they must sue you. And they must win in court. If you are sued by a creditor, be sure to show up for court to prevent this from happening.
Yes, the debtor can still be sued by the creditor regardless of his or her financial status. However, disability payments are protected by both federal and state laws and are exempt from creditor attachment.
Only if you are sued for the debt. First the RV is repossessed. Then you will get collection notices in the mail. If you are going to be sued, you will get notice of that too. If you are sued, the judge can award the creditor a judgment that allows them to garnish your wages.
NO ... in fact the company does not even have to be in the same country in order for you to sue them ...
The creditor will file suit if the bill is large enough, and a judgment will be obtained. Then, the creditor will go after your paycheck, bank accounts, and property.Talk to an attorney,soon.
No, the original creditor has sold the debt and is no longer involved in the collection process.
if you lost your screwed
just the same as when we get sued... but they have more help on their side i think....by Devon teale..:) :)
Yes. Even though credit cards are considered unsecured transactions, the account holder can be sued by the original creditor or a third party collector for the debt.
The person can take your house, car, and any possessions. You also have to file bankruptcy.Added: If the suit is successful, the creditor can also file a lien against any future income or assets you may accrue.
In the US, No. Being sued for unpaid credit card debt is a civil suit brought by the creditor to recover monies owed. There are no criiminal penalties like jail time or fines in civil suits. Even if the ceditor gets a judgment against you and you refuse to pay it, the creditor cannot seek criminal penalties. The creditor would pursue civil remedies like garnishment and seizure of assets.
It may, I would make sure they are listed as a creditor upon filing.
you would probably be sued for the copyright...
You can be sued from the bank or creditor
Yes, a 'charge off' does not invalidate the debt nor the legal rights of the creditor to collect that debt.
The creditor plaintiff will most likely be awarded a default judgment. The judgment creditor can then enforce the judgment under the conditions of the laws of the state.
i was sued by citi bank and the wanted me to agree on a judgment so that i can continue making payment.
yes, but it rarely happens.
It gets reported stolen.
Absolutely yes. It happens to someone everyday.
you could get sued by the holder of the lien