Summary Judgement from credit card company? The court granted a summary judgement aginest me for $ 7000 Can I
The court granted a summary judgement aginest me for $ 7000
Can I appeal, I can only dispense an initial payment
of $1000
What happen next
Will they promptly put a lien againest my home
Thank you
Answers: You can try to appeal, but the appeal won't do much good if you owe the money. Inability to income is not a defense to a collection lawsuit.
You can still try to negotiate a repayment plan with the different attorney. Once the judgment is enter, most state allow the judgment creditor to set off collection efforts right away unless you post an appeal bond.
If I be representing the creditor, I would put a lien on your home right away and go after any of your assets that I be aware of. I might attempt a wage garnishment if I knew where on earth you worked or bring you in for a court-ordered debtor's exam. Laws and procedures to collect judgment vary by state.
Yes you can appeal from a summary shrewdness. Your inability to pay is irrelevant and not grounds for an appeal. You appeal if you believe the court committed some legal error contained by granting the judgment. Collection hard work vary from state to state, but rest assured that if you hold 7K in assets, including the equity contained by your home, the court will allow collection and if that means seize the house and selling it at auction, that is the consequence of ripping stale the credit card company. You might want to consider a homestead exemption for your home. By the way, if the court finds that you hold the ability to compensate (by selling your home, for instance) and are just refuse to pay the taste, you could end up surrounded by jail.
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