Yes. The credit card company can get a judgment against you from the court ordering you to pay the debt. If you can't, your wages can be garnished. In a situation like this, it's best to proacticontact the lender and work out a payment plan rather than have it turned over to a court. Texas does not allow wage garnishment unless it is the only method for a creditor to execute a judgment. The state does allow levy of bank accounts (including joint accounts) seizure and sale of non exempt property belonging to the debtor, and liens against real property (but not a forced sale of a primary residence). Texas is a community property state which means that in some instances joint marital property can be seized, levied or have a lien placed against it when only one spouse is the debtor. I work in the business in Texas and no your property cannot be seized or bank account cannot be levied for a credit card debt LUCKILY, TEXAS IS THE ONLY STATE THAT DOES NOT ALLOW WAGE GARNISHMENTS BY CREDIT CARD COMPANYS. WAGES CAN ONLY BE GARNISHED FROM THE IRS OR FOR CHILD SUPPORT.
Yes you can.
A person can be sued in any state for any amount. Texas does however have quite liberal exemptions for protecting personal and real property.
Your bank sets the limit. But yes.
Of course, and they can be sued if they don't pay.
get a job(s!) and pay off the debt
Yes. Every time you sign for a purchase, you are agreeing to the terms and conditions of use of the credit card which includes repayment. If you don't repay the debt, you will be sued for not only the credit card charges but for interest and probably legal fees, too.
Yes, in Florida, creditors can sue individuals over unpaid credit card debt. If a lawsuit is successful, the court may issue a judgment against the individual requiring them to repay the debt.
A person's wages can not be garnished unless a judgment is obtained in court against that person. People get sued all the time for credit card debt. Once the credit card company gets a judgment, then they can garnish wages.
Yes. You can be sued for for unpaid debt no matter where you live. Further more, this debt WILL affect your financial standing in Australia and your ability to get credit here.
Yes, the credit report has no bearing on whether a debt is valid and subject to litigation.
Yes.
Garnishments can only be issued on debts which have been taken to court and a judgment has been issued. A person can be sued and taken to court for a credit card debt.