consolidation & garnishment?

Do you mean wage assignment? A wage garnishment is a court order. If you did revoke the wage assignment they would not be able to assign your wages. But if they are legally licensed in your state their next step may be to take you to court. I would try to work something out with them. Most law abiding storefronts will work out payment arrangements with you.

Some debt consolidation programs won't work with pdls, and some pdls won't work with debt consolidation programs. I would make sure all companies will work together if you go that route.

Legally they CAN still civilly sue you (as long as they are licensed) even in a consolidation program.

I really wouldn't worry too much about it, though..as long as they are getting paid they really have no basis to sue you. And as far as an assignment..As long as you gave your payroll dept a letter of defense against them you have it covered.

I was told that even if a company isn't licensed they could still technically sue you, since anyone can sue anybody. But your defense would be they aren't legally licensed in your state, and the courts would look into that, and the pdl would be fined for doing business without a license. most pdl's know this, so they wouldn't risk sueing someone.

Yeah, they could attempt to sue, that's true..But they would never get a judgement if they are illegal. Just make sure if it ever comes to that you show up in court.

Yes, because if you didn't show up in court then an automatic judgement against you could be entered and your wages could be garnished legally . . . . But that's a long shot, I don't think anyone on this board has ever been sued by a PDL that wasn't licensed legally in their state.

No I don't think so either..

The only way I could logically think that would happen is if the PDL debt was sent to a collection agency, and the collection agency was licensed. They could then sue for a judgement. But..As long as there are payments being made it just won't happen.

Since the original poster said the companies they are dealing with are licensed in their state they could be sued . . . You really need to contact the companies and see if you can set up some payment arrangements. I agree with finsfan, as long as regular payments are being made, you aren't going to get sued.