Legal Question in Credit and Debt Law in Kentucky

Your answer will go through each numbered paragraph of the complaint and say Defendant admits the allegations contained in the paragraph, denies the allegations, or has insufficient knowledge to admit or deny and therefore denies. You need to certify you've sent the original to the court and a copy to plaintiff's counsel.

Contact Plaintiff's counsel and see if they will cut you a deal. If you own no property, and if you don't have any wages to garnish, they'll be more than willing to cut you a deal, because they know their judgment is worthless otherwise. If you can pay a lump sum, you can probably shave that amount down. Make a low-ball offer to settle, then see if they'll come back with a counter-offer.

Otherwise, if you know you have no defense to the suit, that's what you owe, you don't have to file an answer. If you don't file a response, they'll just get a default judgment against you, and they'll seek to collect through a lien or garnishment. If you do file a response, they'll file a motion for summary judgment against you, and again, will seek to enforce the judgment. Sometimes you can beat summary judgment if the Plaintiff doesn't have its ducks in a row, i.e. doesn't have a copy of your signed credit application, etc. But not everyone is that lucky!