Bank account garnishment
Date: Sat, 11/17/2012 - 13:44
Found out today that my checking account has a garnishment/levy placed on it. This is for an outstanding credit card dept that I do owe. Just can't pay it now, no job, no income, no savings, no personal property, just f'ing rock bottom, for now. But things could be worst. Received and signed papers/summons for lawsuit. Papers were served properly. No court date. Instructed to file with court my response. I have no response, I owe the money. CC/CA got judgement. Did not receive garnishment notice from court. Opened new checking account when I moved to Colorado hoping to fill it up from work, fat chance. I have had zero contact with collection agency. Have not filled out any paper work with my name, ss#, bank name or account number. Have not used any checks.The account balance is zero. How did they get the bank name and account number? Is the garnishment a one day event and do they have to file with the court each time. Think of starting a business in CO. It will be a partnership. Should my name be on the business account? Should the business be a LLC? Will be filing for bankruptcy. When I can pay for it. Thanks for listing.
Quote:Found out today that my checking account has a garnishment
Quote:
Found out today that my checking account has a garnishment/levy placed on it. This is for an outstanding credit card dept that I do owe. Just can't pay it now, no job, no income, no savings, no personal property, just f'ing rock bottom, for now. But things could be worst. Received and signed papers/summons for lawsuit. Papers were served properly. No court date. Instructed to file with court my response. I have no response, I owe the money. CC/CA got judgement. Did not receive garnishment notice from court. |
You were already sued...there is no court hearing for the garnishment nor do they warn you in advance....that would defeat the purpose.
Quote:
Opened new checking account when I moved to Colorado hoping to fill it up from work, fat chance. I have had zero contact with collection agency. Have not filled out any paper work with my name, ss#, bank name or account number. Have not used any checks.The account balance is zero. How did they get the bank name and account number? |
Finding your bank account is easy...they just send a copy of the court order to every major bank and smaller banks/credit unions in your community.
Quote:
Is the garnishment a one day event and do they have to file with the court each time. Think of starting a business in CO. It will be a partnership. Should my name be on the business account? Should the business be a LLC? Will be filing for bankruptcy. When I can pay for it. Thanks for listing. |
As to whether it is a one time event will depend on your state law.
How are you going to start a biz or get an LLC with no money??
