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If you do not pay your debts, a creditor may take court action and try to secure the debt to an asset, to assure payment. They can then start to foreclose or take the asset to get payment. Any costs a credit card company incurs to collect the debt you owe becomes costs you are responsible for. So you will pay for their lawyers too. Uh....do you think you can just not pay on your sworn legal promise to pay and nothing will be done?

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17y ago

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Related Questions

Can credit card company garnish wages if you do not show up in court?

I believe that if a credit card company takes you to court and you or your representative (attorney) do not appear, a summary judgment can be issued against you and the court can order your wages garnished.


What can happen if i don't pay my credit card bills?

If you don't pay your credit card bill, the company may put the nonpayment on your credit report. Also, the credit company may sue you in court.


Can a credit card company garnish your wages in California?

A credit card company can garnish you wages if they successfully sue for the owed funds in court. They cannot garnish wages before going through the court system.


Credit card debt default and asset seizure?

A company can seize assets doe to credit card default if they obtain a judgment through the court. You will be notified of the court date.


Can a credit card company garnish wages without taking someone to court first?

No.


What can credit card company take if you don't pay?

They have to take you to court to take anything from you.


Can a motorcycle purchased on credit card be repossessed?

A motorcycle that was paid for on a credit card can not be repossessed considering the credit card company paid the dealer. You must pay the card company back though or they can take you to court.


How many times can the same credit card company take you to court?

As many time as they like


Can an credit card company garnish your wages in Virginia?

Yes, after obtaining a judgment writ from the court.


Can a credit card company have you arrested?

No, all they can do is take you to court and try to get a ruling against you to garnish wages.


What happens if one does not pay credit cards?

The credit card company will pursue you for the unpaid debt, usually they will get a court order which will give you a very poor credit rating for several years


Can a credit card company take you to court and garnish your check if you do not make arrangements to settle your account?

A credit card company can refuse your offer of settlement and proceed with legal action. They must win their court case and have a judgment declared against you before your wages or bank account can be garnished.

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