English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

i had a client file bankruptcy about a year and ahalf ago. because the debts they had with me were newer they were not able to erase them through the bankruptcy. they reaffirmed the debt and were making payment of $1,000 a month. they paid $9,000 and all of a sudden quit paying. what can i do to collect the rest of my money. can i get a levy on they're bank account or garnish they're wages. if i can how do i findout where they bank. what do you think.

2007-02-11 06:35:36 · 4 answers · asked by Anonymous in Business & Finance Other - Business & Finance

by the way. this person is self employed

2007-02-11 06:43:18 · update #1

4 answers

A reaffirmation agreement means that the debtor agreed to not receive a discharged of that debt. However, it is still up to you to file a lawsuit or use whatever remedies are available under the laws of your state to collect when the debtor will not pay. A reaffirmation agreed is evidence of the debt, but not a court judgment. You need to see a local attorney for further advice.

2007-02-12 11:04:35 · answer #1 · answered by Carl 7 · 0 0

Here you can compare different options try it is free MYLOANSRATES.NET-

RE Bankruptcy lawsuit?

i had a client file bankruptcy about a year and ahalf ago. because the debts they had with me were newer they were not able to erase them through the bankruptcy. they reaffirmed the debt and were making payment of $1,000 a month. they paid $9,000 and all of a sudden quit paying. what can i do to collect the rest of my money. can i get a levy on they're bank account or garnish they're wages. if i can how do i findout where they bank. what do you think.

2014-10-06 10:47:02 · answer #2 · answered by ? 1 · 0 0

You can go to court and get an Order for Attachment. Then this order is presented to their bank,which must by law freeze any assets in their bank account up to the amount of the judgment. Then, the bank will cut you a check for all of the judgment or the total amount of money in their account. If you deposited checks from them before, you might contact that bank again. Or, if you don't know their bank, the attorney that you use will send the Order for Attachment to all local banks until they get a hit - the bank must search and tell them if the defendant has an account there. Or, you could attempt to garnish their wages, which also requires you to go to court.

2007-02-11 14:45:54 · answer #3 · answered by Anonymous · 0 0

I think you need to go back to thier bankruptcy court and notify them they have not completed the terms of the payment plan under the reaffirmation agreement.

2007-02-11 14:43:03 · answer #4 · answered by annazzz1966 6 · 0 0

fedest.com, questions and answers