Re: judgments

Posted by keo on February 27, 1999 at 05:10:42:

In Reply to: judgments posted by Mary T. on February 14, 1999 at 20:22:11:

A judgement usually means that they can attach or garnish a certain percent of your income. In my state it's 10% after taxes. If other assets are available i believe they can go after those although it may be time consuming or more trouble than it's worth.
Most of the credit companies other than hfc, commercial credit or those other miserable companies usually write it off or sell the account to bill collectors. See the web on how to handle them. It's excellent.

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: A judgement usually means that they can attach or garnish a certain percent of your income.  In my state it's 10% after taxes.  If other assets are available i believe they can go after those although it may be time consuming or more trouble than it's worth.
: Most of the credit companies other than hfc, commercial credit or those other miserable companies usually write it off or sell the account to bill collectors.  See the web on how to handle them.  It's excellent.


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