People are desperate to pay their bills. Every day we see people who have paid lots of money to debt settlement companies that promised to get their debt reduced, paid off at a lower interest rate, or settled for pennies on the dollar — and that money has been COMPLETELY WASTED. What is a Debt […]
How can my creditor collect from me? A creditor with a judgment can collect using any legal means, including: Liens: A judgment acts as a lien against your real estate, including any deed on which your name appears. Garnishments: Judgment creditors and seize 10%-25% of your wages.
I tried to settle with the creditor and they refused. Is that a defense? No. A creditor is not required to settle a debt, reduce interest, or write it off. I don’t recognize the name of the creditor suing me. Is that a defense? Possibly. You have the right to make the creditor prove that […]
They don’t go away on their own. What if I don’t go to court? If you receive a summons and don’t go to court, you will automatically lose! Your creditor will ask for a “default judgment” against you. Since you are not there to protest, the judge will probably grant your creditor’s request. GAME OVER!