My question involves collection proceedings in the State of: Nevada
If a cc company or CA sues you for debt you owe, is there any point in going to court?
There are several parts to this question:
Assume: The debt is legal and you definitely owe the money.
The CA or cc company sues you and you get a notice that you have been sued.
1 - Is there any point in showing up to court? You will certainly lose the case as the debt is real and legal and has not passed the SOL. I have no defense. In this case, what is the point of showing up? Wouldn't the end result be the same as not showing up and getting a default judgment?
2 - Once the CA wins the case and now has a judgment against you, what is the next step? Will there be another court meeting I must attend to show the court my assets? Is this meeting required? What happens if I do not show up to that meeting? Is that contempt of court and can I go to jail for that?
3 - What is the exact procedure involved in this process of determining my assets? Does the court have the right to subpoena my past bank statements from any past bank accounts I may have had to see the activities in the past 1..2..3 years of a closed account?
4 - Can the court order the processors (sheriff dept maybe) to physically come into my house and take inventory of my properties and take whatever they deem valuable?

