Just got a summons for a credit card loan
Date: Fri, 06/09/2006 - 09:12
DeeYou can still work out something with Providian and stop
Dee
You can still work out something with Providian and stop the matter from reaching the court. Give a try! Explain your problems and offer your payment plan. Send some money along with your proposal. Taking the matter to the court will not help them in getting their money in one time. Besides, there are court costs and fees involved with the case filing. If they feel like accepting your proposal, get in writing that the case has been withdrawn.
In case the matter reaches the court, the judge will look into your side of the story and understand your problems. Your financial situation will be assessed before judgment is issued. Most common form is the wage garnishment in which a maximum of 25% of the disposable income is garnished. You will be offered easy repayment options set by the court. Don't default in your payments set by the court otherwise situation might become severe.
Try to settle the matter outside the court at this time. Talk to a professional debt counselor if he can help you in this direction. You can still put things back in shape before it gets too late.
Read some pages in this forum similar to your situation. You will find a way out
http://forums.debtcc.com/forums/about9376.html
http://forums.debtcc.com/forums/about9479.html
Dee, What state do you live in?Some states have Nongarnshment
Dee,
What state do you live in?Some states have Nongarnshment laws where credit companys cannot garnish your wages.I live in SC and its very hard for credit card companys to sue.
Jcrab1, PA,is a Non-wage garnishment state and so is NC,SC,P
Jcrab1,
PA,is a Non-wage garnishment state and so is NC,SC,PA,TX.
Wages cannot be garnished in PA except for child support. Beside
Wages cannot be garnished in PA except for child support. Besides, the Dept of Revenue can garnish wages without court orders if they are collecting for unpaid state taxes. The taxpayer will be notified by the department to contact their employer and begin the withholding. If a taxpayer fails to pay the tax liability, the employer will be asked to begin the garnishment and send the payments to the Commonwealth. Employers are allowed to keep 2 percent of the amount for doing the additional bookkeeping.
