My question involves judgment recovery in the State of Texas. I received a Writ of Garnishment via certified mail yesterday from an old payday loan (LVNV Funding LLC) that I refused to pay off about two years ago after they completely screwed up my life by not sticking to an agreed-upon payment plan. It is for about $2500 and they are mentioning my mortgage company as a Garnishee.
Since my mortgage company was mentioned, can they take my house over $2500 owed? It says "You are hereby notified that certain properties alleged to be owned by you have been garnished. If you claim any rights in such property, you are advised: "You have the right to regain possession of the property by filing a replevy bond. You have the right to see possession of the property by filing with the court a motion to dissolve this writ."
What is my next step? I really can't afford the lawyer and barely have enough to pay what they are asking for. Should I call the lawyers who filed this directly and offer to pay? I am scared that I can't trust them.
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.