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    pmuhr1's Avatar
    pmuhr1 Posts: 8, Reputation: 1
    New Member
    		  
    #1

    Jul 8, 2008, 06:36 AM
    Credit card judgement
    I was sued for 1900 dollars on an old card, got a judgement against me, and agreed to pay the money by the 15th of August. I may not be able to do that now due to unforeseeable circumstances. What happens if I'm unable to pay by the deadline?
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #2

    Jul 8, 2008, 06:40 AM
    They have the right to enforce the judgment by any legal means - garnishment, seizure of bank accounts.

    You have twice violated their "trust" - once by not paying the debt and once by not honoring the subsequent agreement - and I would think they are out of patience.

    They may - if you notify them and make another arrangement - be willing to work with you but I wouldn't count on it.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #3

    Jul 8, 2008, 06:41 AM
    They can use the judgement to attach your assets or garnish your wages. I would contact them immediately and tell them you are havingt a problem getting the whole amount, but that you can pay $X by 8/15 and the balance by a later date.
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