Your options are somewhat limited. The judgment is a legal determination that you owe the money. You can (1) simply contact the judgment creditor and/or their attorney and tender payment of the judgment; (2) negotiate a payment plan or reduced settlement; or (3) file for bankruptcy.
Only if the credit card is assigned to the business as a company card.
The credit card company has to go to court. If they have obtained a court order they can attempt to collect on it. If you do not satisfy the judgment, a sheriff's sale can be held.
No
No, Wisconsin will not garnish a spouses wages to satisfy a credit card debt. Credit cards do not generally seek garnishments unless the amount is very large.
It means that you have that on your credit report for 8 years and that they have the right to collect the judgment from you.
yes, and its always against you
Answer: If your credit card company obtains a judgment against you they may take any property of value that they can find.
A person's wages can not be garnished unless a judgment is obtained in court against that person. People get sued all the time for credit card debt. Once the credit card company gets a judgment, then they can garnish wages.
Give her your credit card and tell her she does not look fat in that dress.
The short answer to this question is YES.
...you...my...?When I die, your credit card companies have absolutely nothing to do with the situation.When I die my credit card companies will take whatever I owe them.
They go before a judge and explain how the payment for that credit card was not made and what is owed including collection costs. The cost of judgment is then added to the total and that becomes the collectors judgment. That stays on your credit report for a long time so avoid!