[azalea]

Hello! Need some advice here. I recently got summoned and I am being sued by Capital One credit card company. I owe $13000.00 (by the time they kept adding late/overlimit charges over the span of several months) I went ahead and responded to the summons.

Will someone please explain to me what will happen next? I don't have anything except my car, if a judgment is issued, does that mean they are going to take that? Should I be considering bankrupcy? Do I need to get a lawyer? I don't think I need one because I don't have any assets or money, but because I don't know the law, I want to be sure that I don't get into my legal ramifications due to my ignorance.

I feel so overwhelmed and I don't know how to handle all of this. Perhaps I'm making a big deal but I don't know what to expect and trying to get legal advice here is horrible.

Thanks in advance.

[nunu]

Do not even consider filing BK. Do you really owe the money or is there a product dispute? Call the company and start making the minimum payments on the credit card. Get a job or get welfare--go for it.

[aaron]

You can consider filing for bankruptcy, although with the amount at issue there are probably better options than bankruptcy. If you have other debts, or this is umanageable, consult a bankruptcy lawyer to discuss your options.

[Betty3]

re your question on the judgment - if they get a judgment against you, they can seize all non-exempt assets, garnish wages, etc. (whatever is legal in your state) Even if you have no non-exempt assets or wages at this time, if in the future you do, they can come after them. re the bankruptcy, do as the other posters suggested & talk to a bk attorney & see if that would be the best option for you.

[who-what]

Did you contact Captital One and try and work something out with them?