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Options after default judgment entered?

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Subject: Options after default judgment entered?

Sat Nov 14, 2009 12:16 am

My BF recently had a default judgment entered against him as a result of some unpaid credit card debt. Does he still have the leverage to make a settlement offer (for less than the full amount of the debt) before they seek a wage garnishment order? What's the ballpark time frame between the judgment being entered and the garnishment of wages in the state of CA?

debranewell2008

Joined: 10 Oct 2009
debranewell2008's page
Posts: 605

89 Magic Points

Sat Nov 14, 2009 12:54 am

As long as he hasn't went to court yet and the judge granted the creditor to garnish his wages. It is still possible to try and work out something with them. Now whether they settle for less is up to the creditor of course. They may end up lowering his payments instead. I have seen a judgment start a week after it was granted. So I would call soon and try and work out something with them.

RRFan

Joined: 14 Nov 2009
RRFan's page
Posts: 3

51 Magic Points

Subject: Lock on Funds

Sat Nov 14, 2009 10:02 pm

I recently had a creditor lock down funds in my account for almost double what I originally owed. Is that legal? Also, the same creditor locked the same amount on my account twice. After they took their judgement amount, they did it again and my bank allowed it. What legal rights do I have? I live in NY.

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