Ok im looking into a future worse case scenario that hopefully wont happen. Someone sued me in small claims for a little under $1300. Considering if I cant pay that back, what can happen? I have a newer car, but I dont own it and im only 6 months into the 5 years finance. Im renting the place where I live and there isnt anything thats in my name. I work but make tips so my checks are really small (about $120 bi-weeky, any servers would know this). Basically my situation has got real bad and im barely making enough to cover myself right now. But in case I can pay them within a reasonable time or they decide they dont want to do a payment arrangement, what they can done to me?
2007-08-26 08:01:32 · 4 answers · asked by darko_d1 1 in Politics & Government ➔ Law & Ethics
To clear up a couple things. This court judgement has already happened. I have tried to contact the person about setting up a plan because the paper says I have 21 days to do it, but I havent got a response yet in a few days via email. p.s. I make more than 60 a week, its just all in tips.
2007-08-26 08:33:56 · update #1
It can ruin your credit. They cant take a any thing since you don't own anything.
2007-08-26 08:12:56 · answer #1 · answered by Anonymous · 1⤊ 0⤋
well do you owe the money? If you do why don't you try to settle out of court by offering a payback budget?
You can't get away from debts, even if you claim bankruptcy it will cost you half of the 1300 maybe more depending on where you live.
I don't think they can touch your car because it is not yours but the bank's. You know that don't you? If you are only making 60.00 a week you are not working enough hours and you may need to get a second job that is if you are not a student.
If you breach the court order you can be jailed, but this would not be a solution as you are employed and probably would lose your job. however a fine could be added to the debt payable to the court and you still have to pay the debt.
Do try and work it out before court if you have time.
2007-08-26 08:19:10 · answer #2 · answered by Neptune2bsure 6 · 0⤊ 0⤋
They might repossess your car or they might garnish the wages you have.
If you don't pay according to the judgement, the plaintiff can use that judgement to obtain a garnishment. It will be served on your employer and your employer will have to take it out of your pay, whether it's tips or wages. Other than that, I guess the plaintiff is out of luck. You can't collect money from someone who doesn't have any.
2007-08-26 08:13:25 · answer #3 · answered by Eisbär 7 · 0⤊ 0⤋
A small claims award only gives the plaintiff the right to try to collect the money. You can't give them what you don't have and they can't sell you into slavery to collect the debt. I hope that you explain you financial situation to your creditors and save them the trouble of taking you to court.
2007-08-26 08:14:12 · answer #4 · answered by milton b 7 · 1⤊ 0⤋