Results 1 to 9 of 9
  1. #1
    Join Date
    Jul 2016
    Posts
    25

    Default Reporting Sources of Income to Creditors

    My question involves collection proceedings in the State of: CA

    I do mystery shopping. The creditors are asking for the names of the companies. I work as an independent contractor for over 10 different mystery shopping companies. Many of these companies are out of state (Co, Ky, Tn, Mass....) (1 is in Canada), many pay me by check. Most of my checks are for between $20 and $40 a month. I make about $500 a month, before taxes.

    Would they actually go after a check for $20, from another state?

    How should I handle this?

    I can always just stop doing mystery shopping. Many of my shops are reimbursements for eating out. It saves on my grocery bill.

  2. #2
    Join Date
    Sep 2010
    Posts
    19,901

    Default Re: Reporting Sources of Income to Creditors

    Do you have a judgement against you? If so, you're obliged to tell them. If not, why are you communicating with the creditors?

  3. #3
    Join Date
    Jul 2016
    Posts
    25

    Default Re: Reporting Sources of Income to Creditors

    I have a judgment against me. I have no problem telling the 10 or more companies I do work for. My question is, if many of them are out of state and only pay me $20 to $40 a month, would they still seek to garnish my check? I would think the court cost would be more than the value of the check.

  4. #4
    Join Date
    Sep 2010
    Posts
    19,901

    Default Re: Reporting Sources of Income to Creditors

    That's up to them to decide, not you. You must tell them who what your income is.

  5. #5
    Join Date
    Mar 2013
    Posts
    18,340

    Default Re: Reporting Sources of Income to Creditors

    Quote Quoting Smith12345
    View Post
    I have a judgment against me. I have no problem telling the 10 or more companies I do work for. My question is, if many of them are out of state and only pay me $20 to $40 a month, would they still seek to garnish my check? I would think the court cost would be more than the value of the check.
    Yeah, but you pay those costs as part of the costs to enforce the judgment. So if the creditor pays the court $50 to intercept a $20 check, you'll have another $50 added to your debt plus interest on the $50 along with interest on the rest of the debt.

    As a practical matter, it's unlikely that the creditor will go after that money.

  6. #6
    Join Date
    Jul 2016
    Posts
    25

    Default Re: Reporting Sources of Income to Creditors

    Just want to put this in perspective:

    Today I got a check from a mystery shopping company in Ohio. They sent me a check for $24.69 for ordering pizza last month. I got 2 free pizzas. $24.69 for the WHOLE month, from one company.

    Do you really think they lawyer will spend any time going after a company in another state for a $24.69 check?

    I got another check for $15.45 from a company in Massachusetts. For having a burger at a certain restaurant. Do you really think they would go after the company for a check for $15.45?

    I do agree, the amounts may be too small for anyone to go out of state for.

  7. #7
    Join Date
    Sep 2005
    Location
    Behind a Desk
    Posts
    98,846

    Default Re: Reporting Sources of Income to Creditors

    You tell the truth. If you lie and are caught, you will have made a mess for yourself.

  8. #8
    Join Date
    Mar 2013
    Posts
    18,340

    Default Re: Reporting Sources of Income to Creditors

    Quote Quoting Smith12345
    View Post

    I do agree, the amounts may be too small for anyone to go out of state for.
    From a practical standpoint that's true.

    But you still have to reveal the sources of income.

  9. #9
    Join Date
    Jul 2016
    Posts
    25

    Default Re: Reporting Sources of Income to Creditors

    I thought the notice of levy had to list the name of the bank or number of account. The notice of levy I got only tells the sheriff to take funds from the account of (my full name) and the last 4 digits of my social security number. There's no bank name or account number. How can they claim they levied my account or ask the court to release the funds held by the levying officer?


    The notice says: The property to be levied upon is described:

    Any and all accounts, including but not limited to checking, savings, and deposits (excludes safe deposit boxes) standing in the name or belonging to the judgment debtor (my full name), an individual. The last four digits of judgment creditor's social security are (***-**-(last four numbers of my social security number).

    1. Sponsored Links
       

Similar Threads

  1. Reporting Income Changes
    By OJ80 in forum Child Custody, Support and Visitation
    Replies: 2
    Last Post: 07-10-2011, 07:57 AM
  2. Listing Seven Income Sources (Surgical Practices) at "0" for Child Support
    By valc in forum Child Custody, Support and Visitation
    Replies: 17
    Last Post: 04-23-2011, 08:51 PM
  3. Replies: 1
    Last Post: 04-05-2010, 06:25 PM
  4. Replies: 1
    Last Post: 01-31-2009, 07:04 PM
  5. Debt Collectors: Can Creditors Take Social Security Income?
    By Fred192 in forum Debts and Collections
    Replies: 4
    Last Post: 08-25-2008, 10:12 AM
 
 
Sponsored Links

Legal Help, Information and Resources