Served summons...debt management
Date: Thu, 06/18/2009 - 21:48
If I have been served with summons...is it too late to enter a debt management program?
If you have already been served a summon, file an answer to it f
If you have already been served a summon, file an answer to it first by visiting the court that has issued the summon, else there may be a default judgment against you by the creditor. After filing an answer to it, you may contact your creditor and negotiate for a repayment plan and settle the debt outside the court to avoid the judgment. This is because a judgment in your credit report adversely affects your credit score. Since you have already been issued the summon, I don't think there is any use going for debt management now.
