Ask Experts Questions for FREE Help !
Ask
    obsceneprofits's Avatar
    obsceneprofits Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Dec 28, 2009, 11:10 PM
    Credit cards and judgments
    Discover says I owe them $14,000. I stopped making monthly payments for 6 months because I had some medical issues. When I called them and tried to settle, they would not accept my offer, (which was fairly low). They have added on many fees. Now they have turned it over to some attorneys who are threatening a judgment. I have heard that 80% of credit card judgments are never granted. Is that true?

    I also plan to file a motion to vacate the judgment, if they do in fact file. I want to how risky it is to let them go ahead.

    They won't take the settlement I've offered, they want me to make $600/month payments which I cannot afford. But I do own a house, and my husband and I have some money in an IRA. The Discover account was in both of our names. My husband is permanently disabled and gets SSI.

    Am I trying to get out from under this debt, yes! I paid them $300 for years and years, and I got no where, all they took was my interest. They are thieves. I have paid them enough. Does anyone have any valid advice re judgments for me?
    DownUnder's Avatar
    DownUnder Posts: 492, Reputation: 24
    Full Member
    		  
    #2

    Dec 29, 2009, 05:28 AM

    How can you say they are thieves? You used their services when you charged things and now they want their money. They could care less that you had medical issues,they just want their money. If you quit making payments then the interest and penalites will grow. If you go to court and they prove you owe the money then yes most likely a judgement will be given.Your husband's money from ssI will be safe from garnishment but he will have to prove that his money is from ssi. Depending on the state you live in they could put a lien on your property. I know of someone that owed discover only $2000.00 and they got a judgement against him. So try to figure out a way to pay this
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Judgments and your credit score [ 3 Answers ]

So if you get taken to court and lose but then pay in full upon first request, does it still get added to your credit report? I guess my question is what causes a judgment to be added to your credit rating? It hardly seems fair that just losing a court case should affect your credit as that...

Credit card judgments [ 2 Answers ]

Can a credit card company file judgment against my automobile that is paid for?

Knowing which credit bureau is being checked when you apply for credit/Credit Cards [ 1 Answers ]

Which credit cards use only the trans union credit report for their cc applications? this knowledge may help me save part of my universe>:D

Credit Card Judgments [ 5 Answers ]

I have two credit card judgments against me (judgment include attorney fees and original amounts of the credit plus interest). The creditors did their part, it was me who went into a panic attack, fell into a deep depression, and avoided their calls and attempts to resolve the issues.. I now have...

Credit Reports / Judgments [ 4 Answers ]

If the three major credit reports don't show any judgments against me does that really mean there are done against me? How do you go about finding if you have judgments against you for credit card debt? I just want to make sure that if I stand my ground about this ten year old debt that I...

View more questions Search