Back in like 2003 I had a Capital One credit Card that had like a $300 limit. Now the debt is around $1200.00?? According to Capital Ones lawyers. Well, last month I received a summons to court for Dec 14th, which is this Monday. Im a single mom with NO income and the only ting I own is my 98 toyota 4 runner. Are they going to take it from me over a $1200.00 dispute?

Not likely. But why have you let this debt grow?

I got pregnant had to stop working to have my son, then taking care of my son by myself, got a job, got laid off, then I went to get my gallbladder removed "simple surgery" turned into a nightmare, Dr cut my whole common bile duct off which put me in the hospital for 3 months. Never heard from Capital One until this year and $800 of the charges are in late fees and interest fees. I told the lawyers that I had no income and could I try paying like $20 a month and she said no Id have to pay $50 and after 3 months Id have to pay $100.? I told her I didn't have that option with no income and no luck finding work and she wished me "good luck in court" Why would they take me to court over $1200? What will they get out of it if I have NO MONEY? NO INCOME? Nothing. will it just ruin my credit more or something to have a judgment against me?

Are you sure you owe this debt? Just because they are suing you does not necessarily mean that you have that dept.

It's not very feasible for Capital One to go after an 11-year old vehicle for a debt of $1200. Whether they get a judgment--that's the province of the courts to decide. As with the previous post, it's possible but unlikely. A court appearance will require you to disclose your financial position. Creditors like to use this strategy because they think you have money stashed away in a secret account. Their belief is that you'll reveal it under oath and then they'll be able to recover something. Remember, credit card companies don't want cars, houses, boats--they want money. And if a court decides that $20 per month is reasonable, then they have to accept that decision. Also, check the laws in your particular area. Some states and many local jurisdictions will not grant a judgment for certain exempt property, like a vehicle over 10 years old! Hope this helps! Good luck!