Legal Question in Credit and Debt Law in Illinois

Re: judgement

If they decide to collect on the debt, then they will try to find assets of yours with which to pay the debt. Most commonly, they try to garnish your wages or your checking account. In some cases they may try to go after your home and car. I am curious as to how much you owe.

The two main ways to eliminate this debt are to attempt to negotiate a payment schedule with them, or file bankruptcy to fully eliminate the debt without having to pay them a dime. You can also try some form of credit counseling, however an individual's success with this can be mixed.

I would be happy to discuss this matter with you.

Please call me at (847) 223-4410.

Very truly yours,

Thaddeus J. Hunt, Esq.

Disclosure: Nothing herein should be construed as legal advice or the creation of an attorney-client relationship. The foregoing is for informational purposes only.

Re: judgement

I agree with Mr. Hunt's reply - try negotiating with the company - they will usually work out some sort of payment plan - before a court will order such attempts to obtain money through your assets, it will consider your financial situation and try to work out a payment plan with you.