Creditors suing, I have no money to pay

[Kgirl42]

Ohio, Hello, we fell on hard times last year and we're unable to pay our credit card bills. I have several in court right now. I did not know what to do so I didn't answer the summons. What should I do if they obtain a default judgment against me? I am married but I have no assets, unemployed, no bank account and no property in my name. Thanks

 

[PayrollHRGuy]

Not a lot you can do. But there isn't much they can do either. Of course should you or your wife ever get a job you can expect at most 25% of your income to b garnished.

 

[Kgirl42]

My husband is working now, but the credit card accounts and the lawsuits are in my name only. Is there a possibility they can levy his bank account?

 

[PayrollHRGuy]

Likely those are joint assets.

 

[LdiJ]

Likely those are joint assets.

Only in a community property state can a creditor tap the assets of the other spouse if the debt is not joint. Ohio is not a community property state.