What happens when I quit my job how will they get money
Date: Tue, 05/27/2008 - 19:30
I think they would find another way to get money...like if you o
I think they would find another way to get money...like if you own a home they might try to put a lien on that...or do you get disabillity checks or any other payments.
I'm not sure if they can adjust the amount & take it from unemployment if you qualify.
Capitol One
I have 3 cards out to them, how much did you owe them? I am worried they might sue me, but my cards were not big balances.
Hi marydairy, if the outstandings on the cards are not big, why
Hi marydairy, if the outstandings on the cards are not big, why don't you try to negotiate with them for a settlement. It'll have a more decent impact on your report, than letting them garnish your wage.
Please, don't wait for them to sue you rather voluenteer to pay-off the debts. This way you can save yourself from loads of hassels.
Quote:i was sued by capitol one and didn't get a lawyer because
Quote:
i was sued by capitol one and didn't get a lawyer because i couldn't afford one and they sued me for almost five thousand dollars and they are taking it out of my check every week. So what happens when i quit my job |
You quit, you don't get unemployment. The garnishment stops (obviously), but the judgment doesn't go away, it just sits there accruing interest. If you have any assets worth taking (and not protected by your state's exemptions), it may be taken and auctioned off. The key thing is that judgments do not go away for many years (and they can be renewed, too).
If you quit, not only does the judgement not get paid, but you a
If you quit, not only does the judgement not get paid, but you also loose the rest of your income. When I was collecting, a lot of people threatened to quit their jobs. With student loans we got 15% of their disposable pay....but quitting means they would be giving up the other 85%!! Doesnt make a lot of sense!
They will go after your assets, freeze your banking accounts and
They will go after your assets, freeze your banking accounts and when you get a new job they will start garnishing those wages as well.
