I am currently paying Chase Bank monthly, but it not enough for them though they accept it. I have made many attempts to negotiate by letter, notarized letter, and phone, but they truly are unrelenting and I get different information all the time. The current situation is that I am allowed to object to garnishment or request a lower amount of garnishment before a hearing is set. Basically, Chase is not suing for non-payment but for amount of payment.

Can you explain their power to take my money as head of household in New Jersey? Is Bankruptcy my only option if I lose?

A creditor does not have to accept smaller payments than required by contract/agreement. Are they asking you to agree to garnishment?

Or do they have a Judgment against you?

You can always explain to the Court why you have head of household status and cannot survive on the amount left after garnishment but not a lot of these motions succeed.

Kennibrew, I personally went through a similar situation with Chase. I fell behind due to a medical issue that would not allow my wife to work for 2 years. I was behind 4 or 5 months, minimum payments due went from $150 to entire past due amount plus fees! They were the only card that would not offer help until I asked about a little known program called RE-AGING the account.

I owed $5600, payments were supposed to be about $200/mo. Chase stated in writing that if I made 3 regular monthly payments of $300 they would consider the account current and in good standing.

I did that and now they are reporting current on my credit reports and my min. payment is $185. Still a lot to pay but my neck is above water because of it. I hope this helps you.

Thank you, both of you. JudyKayTee: They have as yet only asked me to to agree to the garnisment, of course, I did not agree. I have that option. I am waiting for my employer to serve the papers so that I can officially present my case.