Debtconsolidationcare.com - the USA consumer forum

Forums
  • Latest topic

Wage Garnishment and Court Hearing

Date: Sat, 06/23/2012 - 17:23

Submitted by anonymous
on Sat, 06/23/2012 - 17:23

Posts: 202330 Credits: [Donate]

Total Replies: 3


Ok so I have never needed to ask a question on here but I think I'm in trouble now. I took out a payday installment loan ( in Illinois) for $1,500 last year. I only made 2 payments and then it went to collections. I got a letter in the mail 1 week ago stating that they are suing me. I have to go to court on July 19th and the total with attorney fees is about $2,500. I have contacted them and they are willing to set up a payment plan without this going to court. 6 payments of $414, with at least 2 of those payments before July 19th. They are not willing to give me anything in writing and they are not willing to spread the payments out more months. My question is, if I go to court, I know that I will loose, but do they always go for a wage garnishment or can I ask the judge for a payment plan that's more reasonable? Can I revoke a wage assignment before we even go to court? I really don't know what to do.


Who is the installment lender?? Are they licensed in your state?

Quote:

I have contacted them and they are willing to set up a payment plan without this going to court. 6 payments of $414, with at least 2 of those payments before July 19th. They are not willing to give me anything in writing and they are not willing to spread the payments out more months.

If you are going to take this payment plan, you must still show up in court


Quote:
My question is, if I go to court, I know that I will loose, but do they always go for a wage garnishment or can I ask the judge for a payment plan that's more reasonable? Can I revoke a wage assignment before we even go to court? I really don't know what to do.



It is not up to the judge to give you a payment plan. He can encourage it but he cannot demand they do so.Sure you can revoke a wage assignment...however once they get a judgment, they can go for wage garnishment and bank levy...which you cannot revoke. mb


lrhall41

Submitted by SOAPLADY on Sat, 06/23/2012 - 21:44

( Posts: 17315 | Credits: )