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bethcord
Aug 11, 2012, 08:13 AM
I received a WOE from an old credit card. It names a bank of mine. I have only $10 or less in this account. The judgement is for $1549. Can they take things like my car and other belongings?

AK lawyer
Aug 11, 2012, 08:23 AM
The judgment creditor can execute on any asset you own. There are exemptions however, depending on which state you are in, which limit such execution.

Apparently they first obtained a default judgment against you because you failed to respond when you were first sued?

Fr_Chuck
Aug 11, 2012, 08:24 AM
If what you received was a garnishment for the bank, at this time that is all they can take.

If they would take and what they can take of personal property depends where you live. I can not recall anyone I have ever known personal that has had personal property taken, except perhaps property bought with the credit card that was not paid. ( from a credit card) many payday loan places do this on a regular basis