I owe for a past due bill in the amount of 6,200.00. They have sent a letter saying that they are going to press legal action on me within 10 days of reciving this letter, in the letter they tell me to call to see if an out of court can be arranged, my question is I have not been able to find steady work and what work I do find its not steady at all and make enough to survive. I own nothing to my name. If this does go to court and they do pass judgement can I go to jail? What can they do with me not having a steady job right now? Any help would be greatly appricated.
Thanks
2007-03-23 06:10:41 · 6 answers · asked by Anonymous in Politics & Government ➔ Law & Ethics
Well, they can go to court and get a judgement that will mess up your credit, cause problems buying or selling or re-fi'ing a house loan, possibly attach your wages depending on the state you live in and generally make life helll. YOU WON'T BE GOING TO JAIL!
Best bet is to get them on the phone, explain the situation and see if you can negotiate a settlement payment of some kind.
2007-03-23 06:26:46 · answer #1 · answered by wizjp 7 · 3⤊ 0⤋
As was stated above, they can obtain a judgment against you, that for all practical purposes, won't go away unless satisfied or discharged.
Do you have a lot of other debt? If so, then it might be worth while to consider bankruptcy. For that you need to consult with a bankruptcy attorney in your state who can advise you on your state's exemptions and filing requirements. (Bankruptcy is a federal matter, but US Bankruptcy law also incorporates parts of state law into it).
If you don't owe anyone except this creditor, then you might consider a settlement. However, you need to be somewhat circumspect. Once you enter into a settlement, you MUST be regular with the payments.
ONLY enter into a settlement if the settlement amount is agreed IN WRITING, signed by someone at the collection agency who has the authority to do so. Also, you need to keep track of your payments.
If you reach a settlement, make sure that you pay with a money order or some untraceable form of payment. The reason for this is that if you write them a check, and later default on your payments, the collection agency will know the name of your bank, and may attempt to garnish your bank account after they obtain a judgment. NOTE: Part of the settlement should NOT include a confession of judgment, but should state that they will not sue you if payments are regular.
If you find this confusing, then you should consider spending a couple of hundred dollars and having a lawyer review this for you. For a referral, contact your local or state bar association.
2007-03-23 07:15:27 · answer #2 · answered by Phil R 5 · 2⤊ 0⤋
If you go into the court and explain and say you can only afford evn just $5 a week the court will consider your situation and place an order for that amount. You will have to pay it faithfully though. Pay more when you can. If you fail to pay you could very well go to jail. So make sure to give an amount you know you can afford. Don't go to low either, they know what people can and can't afford, they are not stupid. Not having a steady job is not a deterent either, they will set some amount so explain yourself as best you can. Good luck!
2007-03-29 14:58:24 · answer #3 · answered by Kat412 3 · 0⤊ 1⤋
No, you're actually not legally to blame for the charges. She is the only that broke the settlement. i'm sorry for this. some years in the past, I attended a what became an exceedingly trashy bachelorette social gathering. It began ok, yet quickly the drink flowed and 2 male strippers confirmed up. issues have been given loud and out of hand and the bride to be, fueled via her trashy pals, grabbed the guy and gave him he commencing up of oral. He rapidly exrtricated himself from the section as that's fairly unlawful in my locality. whether, the wear and tear were achieved and there have been quite a few cellular telephones out and pictures snapped. And shared. And shared back. Her fiance observed as off the marriage and that i won't be able to say as I blamed him. He replaced right into a incredibly at as quickly as up guy and had continuously taken care of their relationship with admire. those have been her words---after he had instructed her so long. that is probable that your fiance had a terrible loss of judgment yet, regrettably, you heavily isn't waiting to have confidence her. you're doing the ultimate ingredient interior the long-term. Her parents are purely embarrased yet they might desire to hold her to blame for identifying to purchase this gorgeous much wedding ceremony.
2016-10-19 10:43:23 · answer #4 · answered by ? 4 · 0⤊ 0⤋
you won't go to jail, but you can kiss your credit bye-bye. a judgment will remain against you for 10 years, so you won't be able to finance a car or anything like that, unless you want to file for bankruptcy. But if it is a student loan, the court can't do anything about it. sorry.
2007-03-31 05:13:17 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Pay your bills......
2007-03-31 02:54:47 · answer #6 · answered by greenhollow2 3 · 0⤊ 0⤋