Can I be sued for not paying a debt?
Date: Tue, 08/22/2006 - 14:01
Go through your state laws and know the protocols set while char
Go through your state laws and know the protocols set while charging a lawsuit. Besides, if the debt is within the SOL period, legal actions are quite possible. What type of debts are these and who are the companies in question?
Arkansas Statute of limitations are: Oral Agreements: 3 yea
Arkansas Statute of limitations are:
Oral Agreements: 3 years
Written Agreements: 5 Years
Promisory Notes: 6 Years
Open Accounts: 3 Years
Thanks for the info, but what I want to know about is garnishmen
Thanks for the info, but what I want to know about is garnishments in the state of California? Does anyone know where I can go to access the laws? I've gone to the State's website with no luck. Thanks!
Quote:STATE: CALIFORNIA Interest Rate * Legal: 10%
Quote:
STATE: CALIFORNIA Interest Rate * Legal: 10% * Judgment: 10% (Unless otherwise contracted) STATUTE OF LIMITATIONS (IN YEARS) * Open Account: 2 (no writing) * Open Account: 4 (reduced to writing) * Written Contract: 4 * Domestic Judgment: 10 (renewable at 10) * Foreign Judgment: 10 (commencing with judgment debtor's commencement of CA residence.) BAD CHECK LAWS (CIVIL PENALTY) Amount due, treble damages - minimum $100 maximum $1500 per check. |
The federal consumers credit act allows garnishment of 25% of di
The federal consumers credit act allows garnishment of 25% of disposable income (after taxes and voluntary deductions) on consumer debts. Non consumer debts (student loans, irs, child support) can range from 10% to 30%, according to state law. In Texas, SC, NC, and Pennsylvania garnishments for consumer debts are illegal.
The Federal consumers credit act..Which mandates all garnishments, consumer and non-consumer...Is under the board of employment. they can be reached at 202-219-8743.
I work in hr/payroll, so I do a LOT of garnishment work..If you have any questions or need help with anything, please feel free to pm me.
Quote: I work in hr/payroll, so I do a LOT of garnishment work..
Quote:
I work in hr/payroll, so I do a LOT of garnishment work..If you have any questions or need help with anything, please feel free to pm me. |
have you ever been tempted to send some of these people (being garnished) a note or something saying "Hey, check out www.debtconsolidationcare.com ?
LOL..I think about it ALL the time..But they would know who I am
LOL..I think about it ALL the time..But they would know who I am here, and I can't have that. I would lose all credibility if people at work knew that I fought the PDL fight.