[hellobox]

A judgement had been given about a month ago for my credit card debt. Now, one of my back account has been frozen. (There was just a little money in the account.)

When I contacted the collection attorney, he wants last 3 payslips to work out monthly payments. I don't have any payslips. So he says I must pay off in full. Here are my questions:

>> Can I talk to the credit card company for payment arrangement? Can they refuse monthly payments if I don't have payslips?

>> What would happen next? Will they take away any furniture, television, etc???

>>I want to pay monthly. What should I do? >> Do I appeal to court?

Thanks for any suggestions...

[Mr. Knowitall]

Right now you're dealing with a judgment debt, so you have to pay off the judgment creditor. That may be a collection firm which purchased the debt, not your original creditor. You should be able to petition the court to permit installment payments.

[hellobox]

Thanks for the reply. The letter I recd from the attorney states the creditor as "Capital One". So, could I talk to Capital One directly?

Also, if they don't accept monthly payments, what would they do next?

[Mr. Knowitall]

Right now you're dealing with a judgment debt, so you have to pay off the judgment creditor. That may be a collection firm which purchased the debt, not your original creditor. Capital One is the original creditor.

[hellobox]

Just one question -- If they refuse to accept my monthly payment offer, what would they do next? (I don't have any assets.)

[chaslowe]