Legal Question in Credit and Debt Law in California

Re: credit card debt

They can file suit against you and get a judgment if you don't answer the lawsuit. Then they can levy on any wages, bank accounts, other assets, and lien any real property. The judgment lasts 10 years and can be renewed. All the while, interest will accrue at either the contracted rate or the default rate of 10%.

Re: credit card debt

They can sue you and enforce a writ of execution against your assets once a judgment is entered. Your BEST option is to retain legal counsel to negotiate settlements with your creditors or file for bankruptcy. If you would like prompt, affordable assistance in these areas, contact us today for a free phone consultation.