What is the name of your state (only U.S. law)? California. I was out of work last year and got behind on a couple credit cards. They have gone to collections and now I'm being sued for a judgement for them both. I have to answer one of them by friday, which explains the urgency.
My first question is, if I don't answer, does that shorten the amount of time before they will get a court date and get a judgment, or will it take the same amount of time to go to court whether I answer or not? If I try to settle at some point I want to save the $450 dollars it will cost me to file the 2 answers.
Second question, what is the typically amount of time right now for a case to go to court to get the judgement and start garnishing wages and bank accounts?
Third question, I heard they can garnish my wages 25% of gross income, but if there are 2 suits, how can they both garnish 25%? I wouldn't be able to survive.
How do they find out who my employer is and what my bank accounts are to start garnishing them?
Last one, if I chose to file BK, and I have an investment account that I got the money for from a loan, would I be in danger of losing the money in that account?
Thanks you so much in advance for any advice. It is very much appreciated.
My first question is, if I don't answer, does that shorten the amount of time before they will get a court date and get a judgment, or will it take the same amount of time to go to court whether I answer or not? If I try to settle at some point I want to save the $450 dollars it will cost me to file the 2 answers.
Second question, what is the typically amount of time right now for a case to go to court to get the judgement and start garnishing wages and bank accounts?
Third question, I heard they can garnish my wages 25% of gross income, but if there are 2 suits, how can they both garnish 25%? I wouldn't be able to survive.
How do they find out who my employer is and what my bank accounts are to start garnishing them?
Last one, if I chose to file BK, and I have an investment account that I got the money for from a loan, would I be in danger of losing the money in that account?
Thanks you so much in advance for any advice. It is very much appreciated.