whats the worst a credit card company can do to someone unable to repay the debts?
I just cant, asked them if the would settle for a lesser amount than what they wanted for the balance and the interest that somehow has doubled what the debt was.
I cant afford to pay it, even if someone made me.
I do have a minimum wage job.
Can they reallydo anything, or were they just scaring me?
Can credit card companies garnish your wages?
They can sue you for the amount you owe, and if they get a court judgement against you, yes they can garnish your wages.
Can credit card companies garnish your wages?
You need to seek legal council RIGHT NOW and find out what your options are.
Before you do that, cut up all your credit cards and do not ever apply another one.
I hope this is a lesson learned for you!!!
Can credit card companies garnish your wages?
Depending on the amount of the debt will determine if the company is willing to spend the time on going to court. If they take you to court and get a judgment, then they can garnish your wages. If you are at a minimum wage job and do not have much time invested you could just find a new job.
However, if you own property they could put a lien on your property or levy your bank account. Do NOT pay with a personal check and do not apply for new credit, where you have to update your employment.
It would be best if you just tried to settle with the company. Good luck.
Can credit card companies garnish your wages?
yes, indeed. any credit card company can really garnish ones wages. especially if the credit cardholder faces an undesirable or unavoidable circumstances which arises in the most unexpected time. especially when a regular employee has gone broke, that%26#039;s when the accumulation of great monthly interest and penalties starts due to non-regular payment. the consequence is, the longer one cannot pay the minimum amount due, the bigger the amount will be in a matter of six months only. until such time that these credit card companies will issue a non-stop legal paper for a forced payment from the poor credit cardholder.
Can credit card companies garnish your wages?
They could garnish your wages only if they were to get a garnishment against you.
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