Legal Question in Credit and Debt Law in Florida

credit card debt

If you cannot pay your credit debt, what can the credit card companies legally do if the person does not own anything?


Asked on 6/22/05, 9:36 am

1 Answer from Attorneys

Scott R. Jay Law Offices of Scott R. Jay

Re: credit card debt

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A judgment can be obtained. Once isssued, a certified copy can be recorded in the public records of the county in which you reside and will remain valid for ten (10) years. It can be renewed for one (1) additional ten (10) year period.

The judgment will seriously affect your credit and the availability of obtaining new loans or credit cards.

Scott R. Jay, Esq., 305-249-8000

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Answered on 6/26/05, 1:50 pm


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