O
OnlyOneVoice
Guest
What is the name of your state? TX
Okay here is the perverbial I have a friend story.
A friend of mine sold a house in Nov. of 2000. Before the sale would be closed the buyer's agent required the house be treated for termites.
My friend complied and had the residence treated with the agreement that the company would be paid out of proceeds from the sale at closing by the title company.
As of this date though monies were withheld by the Title Company to cover payment, the exterminator has not been paid.
Over the course of the last 18 months many attempts were made by the exterminator to obtain payment from the title company. The title company never responded or paid the amount due.
The exterminator has turned this invoice over to a collection agency who has over several months made many harrassing phone calls to my friend. When my friend requested verfication of the debt to provide proof to the title company the collection agency said that once it was received my friend had 3 days to pay the amount in full.
Through some fluke, the proof was returned to the collection agency by the post office (stamped addressee unknown) and they have informed my friend that they will pursue it legally.
Let me say that the original invoice was $500, the amount now due the collection agency is over $1100.
If this collection agency gets a judgement against my friend, what is the agency's recourse to collect? She and her husband have 3 children, he is on medical disability (back injury) and are currently on both medicaid and food stamps and have no disposable income beyond paying their living expenses.
Can they force a garnishment of his military disability and further harm this family financially (other than the credit bureau)?
Or are they limited to holding the judgement against any assets they have.
BTW their only assets are their home and 2 cars both of which are over 10 years old.
JETX your expert info would be of help here.
Also, would you recommend bankruptcy for this family. They have a few other unsecured debts that they have not been able to pay on either.
Okay here is the perverbial I have a friend story.
A friend of mine sold a house in Nov. of 2000. Before the sale would be closed the buyer's agent required the house be treated for termites.
My friend complied and had the residence treated with the agreement that the company would be paid out of proceeds from the sale at closing by the title company.
As of this date though monies were withheld by the Title Company to cover payment, the exterminator has not been paid.
Over the course of the last 18 months many attempts were made by the exterminator to obtain payment from the title company. The title company never responded or paid the amount due.
The exterminator has turned this invoice over to a collection agency who has over several months made many harrassing phone calls to my friend. When my friend requested verfication of the debt to provide proof to the title company the collection agency said that once it was received my friend had 3 days to pay the amount in full.
Through some fluke, the proof was returned to the collection agency by the post office (stamped addressee unknown) and they have informed my friend that they will pursue it legally.
Let me say that the original invoice was $500, the amount now due the collection agency is over $1100.
If this collection agency gets a judgement against my friend, what is the agency's recourse to collect? She and her husband have 3 children, he is on medical disability (back injury) and are currently on both medicaid and food stamps and have no disposable income beyond paying their living expenses.
Can they force a garnishment of his military disability and further harm this family financially (other than the credit bureau)?
Or are they limited to holding the judgement against any assets they have.
BTW their only assets are their home and 2 cars both of which are over 10 years old.
JETX your expert info would be of help here.
Also, would you recommend bankruptcy for this family. They have a few other unsecured debts that they have not been able to pay on either.