Legal Question in Credit and Debt Law in Florida
Repayment of Credit Card Debt
What can a credit card do to me if I do not pay back my credit card debt. I know my credit score will be killed but what else can they do financially?
Asked on 7/02/09, 7:07 am
1 Answer from Attorneys
Angelo Marino
Angelo Marino Jr. PA
Re: Repayment of Credit Card Debt
In addition to reporting the debt to the credit bureaus, the card company can sue you and obain a judgment against you if successful. If the card company obtains a judgment, it can garnish wages, check books, savings, lien your home, etc.
If you debt is an old one, see a consumer lawyer who handles these cases. You may have some defenses to the claim.
see www.ConsumerLawyerHelp.com
Answered on 7/02/09, 10:33 am