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Marta
Joined: 02 Mar 2010
Marta's page
Posts: 2
0 Magic Points
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Subject: cannot pay cc- dont have ss#
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Tue Mar 02, 2010 4:27 am
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I have a question about not paying credit cards. I just sign up for this forum and hopefully u guys can answer my questions. I have few credit cards some of them limit is 300$ some of them 2000$ . my total debt on all of them is not more than 6000$. I was paying my bills always on time-never late for-6years. lately my financial situation got very bad and im not able to pay anymore. I was plannig to do bankupcy but this cost money too  which i obviously dont have. so my 2nd plan is to not pay at all because i dont have asets anyway. i just dont want collectors to bother me.
i guess i didnt mention that i dont even have ssn # and i got credit cards. i dont have status in usa yet. so i was wondering if they can be really after me if i dont legaly exist here??
I dont want to do that but at this point I dont have any options. I can bearly make it with energy and rent bills. I found some work for cash but its just enough to survive month?Pls help |
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Aaron
Joined: 08 Feb 2010
Aaron's page
Posts: 2675
48566 Magic Points
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Wralph
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Subject: Credit Card
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Wed Mar 03, 2010 6:03 pm
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| Can Credit Card Company Garnish My S.S.I benifits |
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Aaron
Joined: 08 Feb 2010
Aaron's page
Posts: 2675
48566 Magic Points
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Subject: garnishment of ss benefits
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Thu Mar 04, 2010 10:28 am
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Hi Wralph,
Under the Federal Law, Social Security Benefits are non-garnishable. No body can garnish your account, other than the Government itself. However, you need to declare that, all your income comes from the Social Security both to the bank and the credit card company.
Hope this helps.
Regards,
Aaron
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Joanne
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Subject: Bills
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Sun Mar 07, 2010 11:38 pm
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| I cant pay my bills and i just received a judgement from capital one what do i do? |
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Aaron
Joined: 08 Feb 2010
Aaron's page
Posts: 2675
48566 Magic Points
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Subject: pay bills
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Tue Mar 09, 2010 12:28 pm
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Hi Joanne,
If you find it impossible to pay the bills, you can request the creditor or collection agency to agree to a debt settlement. debt settlement lowers the outstanding debt amount by 40-60%. For more details on debt settlement you can refer to http://www.creditmagic.org/repair/about8367.html .
However, as you have received a judgment, you need to appear in court.
Hope this helps.
Regards,
Aaron
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Amy K
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Subject: creditor
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Thu Mar 11, 2010 6:07 pm
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| My husband and I share a bank account. A creditor is taking him to court next month to try and settle a $3k credit card. He gets SS income but I work part time. Can they attach our account because I work and we share an account? |
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jerry1111
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Subject: credit card debt
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Sat Mar 13, 2010 10:56 pm
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| we are working but cannot pay our crdit cards, the payments have gotten so high i kept opening new cards just to pay the pld ones, not i cant even do that, what can i do and what can they do to me |
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liz
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Subject: garnishment
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Mon Mar 15, 2010 5:53 am
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| I only have 25 dollars in my account i have 400 dollars overdrawn protection. when i opened my online banking it was on a red of 811, it says from a credit card garnishment. Can they garnish iyour bank even if there is no money in the bank |
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Aaron
Joined: 08 Feb 2010
Aaron's page
Posts: 2675
48566 Magic Points
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Subject: reply
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Mon Mar 15, 2010 8:11 am
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Hi Amy:
The creditors and collection agencies can take your money from the joint account. You can take your name out of the joint account, and open a new account in your name only. This will help.
Jerry:
First and foremost, don't go on opening new accounts. This will increase your outstanding debt amount all the more. As you are finding it difficult to pay the dues, you can request your creditors to agree to a settlement. Debt settlement lowers the outstanding debt amount by 40-605. However, you have many credit cards, you can opt for debt consolidation. For more details about debt consolidation, you can refer http://www.creditmagic.org/blog/2009/10/16/debtconsolidation-repaircre dit/ .
Liz:
The creditor or collection agency may not be able to get any money now, as there is no money in that account. However, they will start garnishing whenever you will put money into that account.
Hope this helps.
Regards,
Aaron
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Paula
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Subject: court
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Mon Mar 15, 2010 4:15 pm
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| I have been to court once and the judge gave me another date in two weeks. i am on social security disability do i sign papers that says i owe the bill but am on ssi and cant pay it what can i do |
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Shannon
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Subject: Judgement
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Mon Mar 15, 2010 5:47 pm
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what do I do. I have a letter stating that a judgement creditor against me dated 9/1/04 this was snt to me 3/3/10 stating I have property not exempt frpm being taken. I have a court date in April.
I don't have a car, bank account with more than $50 in it. I work & bring home about $150 a week.
The last payment was in 98 or 99. Not aware of anything on 9/1/04
per court order.
What do I do. |
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Buster
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Subject: garnishment of childs bank account
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Tue Mar 16, 2010 4:36 am
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| Can A credit card company garnish my childs bank account to pay for my husbands and my credit card debt. |
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Aaron
Joined: 08 Feb 2010
Aaron's page
Posts: 2675
48566 Magic Points
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Subject: reply
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Tue Mar 16, 2010 7:43 am
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Hi Paula:
You can take the help of an attorney regarding this. However, generally speaking, social security cannot be garnished under the rules of Federal Law. Still, you need to check your state laws on garnishment and social security.
Shannon:
As you have got a judgment, you need to appear in court on the mentioned date. Can you tell me, whether or not you received any notice on the judgment before this? However, if you can pay the dues, you can request the creditor to agree to a settlement. Debt settlement lowers the outstanding debt amount by 40-60%.
Buster:
If the account is only in the child's name and if the creditor is not aware of this account, they may not be able to garnish your child's account.
Hope this helps.
Regards,
Aaron
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Cathy
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Subject: Credit card debt
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Fri Mar 19, 2010 12:48 am
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| If I do a debt consolidation on my credit cards can they garnish my wages and take my 401k? |
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