Question about CitiFinanical and garnishment...
Date: Mon, 09/24/2007 - 17:54
I live in Ohio, and am not familiar with Ohio's laws concerning aribtration and bank account garnishment.
Thanks,
Misty
I don't know the answer to ur question about arbitration but i D
I don't know the answer to ur question about arbitration but i DO know that getting a judgment is NOT as fast as they are making it out to be! To get a judgement they have to sue u.... Could take them a year or more before a judgement is given to them and "if" it is given to them. Most of the time they do want to work it out first.
Good luck,
Ang
Gosh here my wireless router goes with the double posting! Grrrr
Gosh here my wireless router goes with the double posting! Grrrrrrrrrrrr
Sorry again,
Ang
Quote:Can they do that without going to arbitration first? I tho
Quote:
Can they do that without going to arbitration first? I thought arbitration was used in place of court? |
Little known fact - the main reason they have you sign the arbitration agreement is to protect their butts against class-action lawsuits. Try to sue them, and that's when they pull out the arbitration clause and say "remember this?"
The fact is, they would rather sue you through court process than go to arbitration. Nothing precludes them from filing a case against you - after all, the judge doesn't know that an arbitration agreement exists. It would be up to you to bring your arbitration agreement into court and raise it as a defense.
I agree with Ang. I'm sure it isn't as fast of a process as they
I agree with Ang. I'm sure it isn't as fast of a process as they make it out to be. I'm also sure they will not decline your payment in early October either. But, all of the arbitration stuff is kind of foreign to me. Definitely something I need to learn alot more about.
I am not a lawyer but in my opinion abritration means nothing to
I am not a lawyer but in my opinion abritration means nothing to a creditor unless you file suit against them kind of like what debt cruncher said. The only reason to go to abritration besides that is for the 2 parties to negotiate a deal outside of the courts but the agreement really is not worth any more than the paper it is written on. In other words it is uncollectable with out being backed up by a court order if you do not voluntarily pay although it could be used as evidence if you end up in court later on. They could not use an arbitration agreement to get a garnishment or to get access to your bank accounts. That is why the go to court and not to an arbitration hearing.
To address the threat they made about garnishment Ang is 100% correct. There is no way they could push a judgment through the court system and get a garnishment as fast as they are acting like they can.
I have dealt with CitiFinancial and believe me, they are not fun
I have dealt with CitiFinancial and believe me, they are not fun. The woman I dealt with made it her mission to nail me to the wall! :twisted: If you can, give them something. Even if it is only a little bit. (If I had been able to, I would have, but I couldn't even pay the utilities, let alone them). It will (should anyway) get them to back off a little. But they will take you to court. They have absolutely no qualms about it at all.
I'm not telling you this to scare you, just to help you get prepared. They are one of the nastiest creditors I encountered and believe me, I had a ton. Try to give them something, and they may be more willing to make arrangements with you. But DON'T take away from your home and family to pay them. YOU and YOURS come first :mrgreen:
garnishment
believe me they will ganish you I was not even 1month and a half past due and a policeman came into my office and give me a summons to court..I went to citifinancial and they paid my bill and they told me they would call there lawyers and drop the suit dont you believe it they garnished my wages and I didn't even know I was suppose to be in court she told me not to go its was all okay and the day that it went to court I wasnt even due.