If you don't show up to court for debt collection, the judge may issue a default judgment in favor of the creditor, allowing them to take further legal action to collect the debt, such as garnishing wages or seizing assets. It is important to attend court hearings to present your side of the case and avoid potential consequences.
It goes on the credit reports as a delinquencyAnswer:If you don't pay your credit card debt then to your creditor may take you to civil court and can get a judgment to hold your property. There are other penalty as well if you dont pay your credit card debt.
Not all companies collect outside of the US, but when they do collect, collectors dont have any issue calling international
if you pay the collection agency you can get back in good credit standings , ifyou dont they can get a judgment against you, and garnish your wadges , if they do a charge off it stays on your credit for up to 10 years know and it is harder to get credit with a charge off
You can keep track of how much money you are spending and make sure it doesn't go over your budget or you could very well get into debt. And trust me, you dont want to get into debt. Sometimes it can take a long time to pay it off if you dont have the money.
you dont make a profit
Assuming its a chapter 13 bk, if you dont make your plan payments the court will dismiss your bk- allowing creditors to resume collection efforts
Contact the State Division of Banking in the state the company is located in.
It goes on the credit reports as a delinquencyAnswer:If you don't pay your credit card debt then to your creditor may take you to civil court and can get a judgment to hold your property. There are other penalty as well if you dont pay your credit card debt.
They usually give you 30 days to respond to the debt and make payment arrangements. If you dont respond they usually report it.
You go without an attorney.
You will be called back to court and punished.
Not all companies collect outside of the US, but when they do collect, collectors dont have any issue calling international
Dont ignore it! Try to reach a settlement. At the very least, go to court. If you dont go, then the account will automatically become a judgement, which will stay on your credit report for up to 10 years. Most companies are willing to work with a payment plan, so there are certainly options available to resolve the debt before it becomes a larger and lengthy problem.
Garnishment will not stop if you leave the state. A garnishment is obtained from a judgment or default judgment against you in court. You have the option to go to court, and file for modification of the debt or file bankruptcy unless the debt is listed under special circumstances.
You run the risk of being arrested to show up over there, unless you presents a valid impeachment for not to appear at the Federal Court.
Absolutely not!!!! A collection agency has no kind of authority to touch anyone's social security disability benefits. Or anything else. Scare tactics, empty threats are all a debt collection can do. If u dont want to pay a bill, thats the consumer's choice, not those fools!!
you dont.