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  1. #1

    Default Upcoming Judgement for Credit Card Debt

    My question involves collection proceedings in the State of: NY

    Due to an unfortunate financial situation, I have been issued a summons and have scheduled to be appear for judgement in civil court for credit card debt.

    My question is about what to expect as a result of this judgment and whether or not there might be anything I can do to mitigate the debt in any way?

    So far, I get the impression that the judgment my simply re-state that I owe the debt and must pay it off within a certain time frame, but that it's unlikely that my wages or bank account will be affected in any way, is this accurate?

    Also, I did make sure to go through the Debt Validation procedure that I saw recommended here and on other similar sites, so the debt does seem to have been validated.

    If there's any other information required in order to issue me advice/information, please request it.

  2. #2
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    Default Re: Upcoming Judgement for Credit Card Debt

    The judgment will permit the creditor to use judicial remedies - garnishment and execution. If you want to try to negotiate something with the plaintiff, call and try to negotiate.

    Depending on how bad your situation is, you may want to talk to a bankruptcy lawyer.

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