Summons Re Credit card debt & Judgements

Question

Oct 10, 2007, 02:51 AM

dddd

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Join Date: Jul 2007

Posts: 19

Summons Re Credit card debt & Judgements - can they take my car?

I received a summons regarding a credit card debt a while back. I filed the Intent to Defend, and I am now waiting on a response. If they win a judgement against me and I cannot pay -what will happen? I do not have a checking account or own a house (it is solely in my husband's name), and we are still paying on my car. Will they be able to take my car? We still owe about $7000 on it.

Answers

Oct 10, 2007, 04:10 AM	#2

mr.yet Bankruptcy & Debt Expert Join Date: Aug 2005 Location: republic of maryland Posts: 1,634	Any joint assets they will try to take, if you work they will garnish your wages. They cannot take the car since it is financed and is security for the loan.

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