I have several charged off credit cards n I was wondering if they could file a judgement on you if the only income you are getting is SSI - Social Security
2007-10-10 11:17:00 · 7 answers · asked by Anonymous in Business & Finance ➔ Credit
Yes they can take you to court and get a judgment. They can't garnish social security. They can attach you bank account if there are any other funds in there beside the SS money. They can also lien your property.
Chances are that if you tell them your only income is SS and you have no assets, they won't bother taking you to court.
2007-10-10 11:52:06 · answer #1 · answered by bdancer222 7 · 0⤊ 0⤋
If your only income is from SSI-Social Security and you have no (few) assets like bank accounts over $999, you qualify for help from legal services for the indigent called legal aid. See them. Good luck
2007-10-10 11:25:26 · answer #2 · answered by hillbilly 7 · 0⤊ 0⤋
since they are charge offs and coming from a Collection Agency they might be past the Statue of Limitations
and you could also fight that they purchased the debt,
you didn't tell them to buy bad debt, and what legal
contract did you sign that says you owe them the money.
creditinfocenter.com
Probably can fiile a judgement, but again they can't do it
until you ask them to validate the debt. All the letters
on on the website.
2007-10-10 11:40:41 · answer #3 · answered by Anonymous · 0⤊ 0⤋
If you called the phone number that was on the back of your card, you got to the actual Customer Service. So it is a legitimate request. The reason they could be asking for this is that as you said it is your first credit card, so they need to verify who you are. However, the only strange thing in this is that this is something that is usually done BEFORE they give you the card.
2016-05-21 01:11:42 · answer #4 · answered by kendra 3 · 0⤊ 0⤋
You bet! If the debt hasn't past the statute of limitations, then yes, they have every right to sue for judgment.
The only thing you have going is that income is exempt from garnishment.
2007-10-10 11:24:21 · answer #5 · answered by Celeste 6 · 1⤊ 0⤋
Yes, they can, but they might not bother. A judgment is only of value to them if either (a) you will pay, (b) there is something (such as wages) to garnish, or (c) you have assets that are worth seizing (preferably bank accounts, but stocks, bonds, real estate, etc., also work).
2007-10-10 12:18:32 · answer #6 · answered by StephenWeinstein 7 · 0⤊ 0⤋
I don't see why not -- income is income.
With all due respect, you should not borrow money if you cannot afford to pay it back.
2007-10-10 11:24:52 · answer #7 · answered by Grandpa S 6 · 0⤊ 2⤋