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You received a summons for a credit card bill can your wages be garnished if you do not answer the summons can your wages be garnished if you go to court and still don't pay the balance?
Wiki User
∙ 16y ago
Well there are a variety of things that happens when you don't pay a credit card bill.
Your interest goes sky high, and your balance will become huge, they cut you off, your reported to the credit agency/ bureau and collections agency. Yes they can garnish your wages if that is an option for them. You can go to court, there may be jail depending on circumstances.
In the end your credit will be ruined. The only circumstance that would bring "Jail" into the equation is if you stole the credit card, or some other form of identity theft. There is NO debtor's prison in the United States!
Wiki User
∙ 16y ago
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If you live in Washington and you have 7 credit cards and approximately a 70000 total balance on all of them what are the chances of your wages being garnished if you do not pay?
One-hundred percent chance you will have your wages garnished.
Is unearned rent a liability with a credit balance?
Yes unearned rent is that amount which is already received but which is not due to be received yet that's why it is shown in liability section of balance sheet and it has credit balance.
Where is discount received posted in the trial balance?
credit
Is commission received debit?
Commission received in income and cash is actually received so cash is always debit and commission is credit against cash as all incomes have credit balance as default balance.
When will the cash book have a credit balance?
When there is a large amount of expenses debited or no amount of cash received then it is obviously the cash book is credit balance.
Does discount received have a debit or credit balance in the ledger balance?
discount revived has Cr balance in a profit and loss a/c
Where does commission received go to in the trial balance?
Debit column
Can MN garnish wages from credit cards sent to a lawyer?
Credit Cards cannot be garnished. If there are credit card debts, the wages can be garnished regardless of the location of the cards.
Is revenue a cash or debit?
Revenue is always credit as all revenue accounts has credit balance as normal balance and cash received or accounts receivable is debit against it.
Can interest still accrue on a garnished credit card?
You bet it can ... The CC companies will continue to add interest at the specified rate until the balance is paid off in full.
Can credit cards be garnished?
Credit cards are not assets, there's nothing to garnish from them.
Why are wages garnished in South Carolina?
Wages cannot be garnished for credit card debt in South Carolina. They can be garnished for unpaid taxes and child support.
