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Posted: Tue May 22, 2007 9:04 pm Subject: creditors are evil!! |
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oh I just found this site looking up to see if credit card company's can garnish wages and put lien on home ? thank you for answers!!! I just got done scrambling around today to not get the threat of a lien put on my house. they wanted the 12,000$ now and by the hour it was so devestating. but they got what they wanted
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elizabeth7492

Joined: 22 May 2007
Posts: 1
Debtcc Points: 28
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Posted: Tue May 22, 2007 9:10 pm Subject: |
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u had $12000 sittin around for them?
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d2dtk

Joined: 17 May 2007
Posts: 154
Debtcc Points: 2005
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Posted: Wed May 23, 2007 4:57 am Subject: |
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Elizabeth -
A creditor can take you to court and obtain a judgement, which could then lead to garnishment of your wages, provided the judge does not see fit to set up a payment plan for you to repay the debt to the creditor.
Creditors are not evil - they are, by definition, someone who lends you money or provides a service in return for payment - what makes people think they are evil are the practices employed by some collection agencies in an attempt to obtain their money.
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SUEBEEHONEY70
Moderator

Joined: 12 Oct 2006
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