Legal Question in Credit and Debt Law in California
In 2002 I was about 18 years old I applied for a credit card, maxed and never made payments. About a year later I was contacted by phone by collectors and made a verbal agreement to pay and never followed through. Yesterday I found out that they put a levy on my bank account. Can they do this? don't I have to be served papers of something?
1 Answer from Attorneys
If the creditor was able to get a judgment against you, that means that someone signed under the penalty of perjury that they served you with the lawsuit. If they creditor gets a judgment against, even if by default, then they can do many things to collect the judgment.
Bankruptcy is an option for you or you might also consider hiring and attorney to file a motion to set aside the judgment. You can also try to negotiate a settlement. You need to remember that a default judgment is no different than a judgment issued after a jury verdict. Until you can convince a judge that you weren't properly served and get it set aside, the judgment is completely enforceable.
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