My question involves judgment recovery in the State of: OK
Can a credit card company suing for a summary judgement get access to my home equity loan line? Thank you. Janiebug
My question involves judgment recovery in the State of: OK
Can a credit card company suing for a summary judgement get access to my home equity loan line? Thank you. Janiebug
If the creditor prevails in their suit and the judge signs the order; they can attempt to secure their judgement in any way the laws of your state allows; garnish wages/bank accounts/credit lines, levy personal property, etc.
They cannot force you to borrow money to pay the judgment.
Thank you Mr Knowitall-another question-A summary judgement hearing has been set for January. Do I need to attend this hearing since I have replied to the courts regarding my financial hardship status? I have not denied that I owe this, however loss of employment and health issues have me below the poverty level as far as trying to survive.
Also, after a judgement is granted, what is the process after that? I have no checking account, income is SSI only, I have a small home with mortgage and an old car. I also have Oklahoma Homestead exemption.
Thank you,
Janiebug
If you present no defense to summary disposition, odds are it will be granted. After the creditor obtains a judgment they may use whatever means the law allows to collect their judgment.