2007-11-28 12:45:38 · 6 answers · asked by Anonymous in Business & Finance ➔ Credit
The credit card company would have to file against you in court (possibly small claims); if they won they would have to go back to get a garnishment order, and then they could take a percentage of your paycheck. You can attend both times and state your case.
2007-11-28 12:48:41 · answer #1 · answered by Anna P 7 · 0⤊ 0⤋
The creditor must get a judgement against you first. From that point, if you don't pay, they can garnish, wipe out your checking account, place a lien on your property (Depending on the state). By the way, if you are summoned to court and don't show, 99.99999% of the time, the credit gets their judgement and there is no fighting or appealing it once it has been granted.
2007-11-29 08:01:00 · answer #2 · answered by CHRIS V 3 · 0⤊ 0⤋
If the company takes you to court and the judge orders you to pay and allows garnishment of your paycheck, absolutely
2007-11-28 20:53:03 · answer #3 · answered by theseeker4 5 · 0⤊ 0⤋
If they go to court, and you lose (which usually happens), then yes, they can garnish your wages.
However, this is usually a scare tactic to get you to pay your bill. In reality, you spent the money, you should pay it back. If you genuinely cannot afford to pay it back, I suggest debt counseling and a repayment schedule. If, after all that, you are still unable to pay your bills, look into bankruptcy.
I suggest you take a money and credit management course. It sounds like you are on your way to financial ruin.
2007-11-28 21:00:10 · answer #4 · answered by Frank F 2 · 0⤊ 0⤋
No. Your paycheck can only be garnished by a court order.
2007-11-28 20:50:12 · answer #5 · answered by ? 5 · 1⤊ 0⤋
they can, but i sued back because they WRONG
www.creditinfocenter.com
2007-11-29 07:19:32 · answer #6 · answered by Anonymous · 0⤊ 0⤋