Legal Question in Credit and Debt Law in Pennsylvania
credit card debt
a judgment was entered against me. What does that mean? I own nothing and have no money.
Asked on 5/12/07, 6:20 pm
2 Answers from Attorneys
Glenn Brown
Real World Law, P.C.
Re: credit card debt
When you get some money they will be able to go after it.
Good luck to you.
Answered on 5/12/07, 6:34 pm
John Gibson
John W. Gibson, Esquire
Re: credit card debt
The judgment will also show on your credit reports which may affect the interest rate that you will have to pay to take out car loans, get a mortgage, or get credit cards in the future. When you are sued by a credit card company you should defend it whether or not you can pay it because you may have various defenses. If they have already obtained the judgment, though it is too late for that.
Answered on 5/13/07, 1:37 pm
Related Questions & Answers
-
Debt will unpaid credit card debt ever be discharged? Asked 5/08/07, 4:01 pm in United States Pennsylvania Credit, Debt and Collections Law