Please list the month you stopped paying on your CC and the month of first judgment

[okiemom2008]

You are scaring people about judgments. Sure, they are not pretty, but they are not the end of the world. Just check out your state garnishment laws and close all bank accounts and pay with money orders.

I would never go and respond to a judgment. Why open a can of worms? They just get it by default.

To answer the OP question, I stopped paying cards and mortgage in Aug 07. Still no foreclosure with Countrywide and Chase sued me, got a judgment in Dec. 07. They sent notice that they were suing, I had 20 days to respond and did not. What I did was close all bank accounts. To date, they have collected nothing on the judgment and it will be vacated in BK when I file next year.

If you close your bank account how do you get paid? I am freaking out because we are going to be late on all credit cards this month and until we file bk(2 citi, 4 capital one, 2 bank of america, 1 chase, 1 orchard) and I wonder what they will do when we are late.

My husband only has a choice of 2 ways to get his paycheck-direct deposit into his bank or on the BOA paycard(like a debit) If we close his account would we have to keep every single receipt of anything we do?

[hopeforus]

Just do what I did. Keep changing jobs every few months and move from state to state. I did that since 1995. I must have moved almost 20 times since then. Then you don't have to worry about garnishments and stuff. It's too hard to garnish someone who can't stay put. I am living proof!

I can't imagine what that would do to your resume. Are you able to secure any decent job by bouncing around all over the place like that?

[debtmonster]

Not responding to a judgment is the worst thing you can do. You should fight it and get it thrown out.

Go to that link I posted and learn how to defend yourself.

[hopeforus]

okiemom... you don't need to worry about a judgment yet. just make sure your bank is with someone you have no debt attached to. open a new bank and change your direct deposit.

[debtmonster]

I can't imagine what that would do to your resume. Are you able to secure any decent job by bouncing around all over the place like that?

Pick and choose what you want on your resume. I've managed to land $60-70k jobs even after all of that moving around. If I can do it, you can do it. Be positive. When the job would end, I'd move to another state and do it again. By the time the CA's found me, I'd move again. CA's HATE people like me like you cannot imagine. I am a moving target. Just hustle. Don't own a home. Don't get anything they can put a lien on. Always finance a car. Never pay it off. By the time it's almost paid off, trade it in and get a new car. After a few years, you're bored of the car you have anyway. As long as you have cars with no equity, they can't do anything. Just don't have anything titled in your name that has positive equity.

If you're not buried in debt, then disregard the above. But if you are, you need to fight to remain judgment-proof. In nearly 20 years, I've never stepped foot in a courtroom regarding any of my debt. The only time I will be going into court this time will be for my BK. My debt is not topping $360,000, so I feel that it's time to take advantage of the Chapter 7 law before Obama does anything to change it in the future. It's hard to qualify for a BK now. Maybe nothing will happen, but if he has plans to amend the law making it even harder to qualify, I wanna do it sooner than later.

I think the next couple of years are going to be really bad. This is going to be one of the worst Christmas seasons in the past 20-30 years thanks to this Depression/Recession.

[hopeforus]

Do you have kids? I couldn't imagine dragging kids all over the place like that. If someone doesn't have children then I can't see a problem with bouncing everywhere. Do employers not ask why you only stay at a job for a few months? I'd rather just declare bk and that's that. I don't care to have to run away from creditors.

[debtmonster]

Do you have kids? I couldn't imagine dragging kids all over the place like that. If someone doesn't have children then I can't see a problem with bouncing everywhere. Do employers not ask why you only stay at a job for a few months? I'd rather just declare bk and that's that. I don't care to have to run away from creditors.

I wasn't purposely running from creditors. I was just moving around for jobs, almost like someone in the military would do.

Sometimes I'd work 1 to 3 months, maybe even a year. Then I'd get laid off and have to move. I'd send resumes out and could never get a job locally, so I had no choice but to move. I went to Indiana for a job. I was there for a month and the guy never paid me. I couldn't get a job there to save my life. So we had to move. Luckily I had a few thousand saved up to use for the moving truck. That's when the apartment complex there came after us for $7,000 for leaving. I had no choice. I got dicked by the guy.

Then when I moved for a new job in Jacksonville, I was there a month and the same thing... 30-40 days and got laid off. Burned another apartment. Then I moved to Chicago and luckily kept that job for almost 2 years.

Then they laid 10,000 people off. So I moved to Missouri. That lasted 8 months and they cut me loose. Apartment complex wanted $3200.

I had nowhere to go, so I moved to Ft. Myers to live with my aunt. She wanted her privacy. I got hired for a job at $44,000, moved out and rented an apartment based on that. I was there for 3 days and they cut me loose. I have no idea why. I think because I didn't have a degree and they found somebody with a degree willing to work for less money after they hired me.

I was able to collect unemployment for 6 months. I used that money to pay the rent. Then it ran out. I got evicted and now owe that apt $3,000. I was homeless and had to move in with my sister.

I am basically unemployable. I will have to retire early and just wait until I die. As you can see here, jobs are 100% proven to be a total waste of time for me. I am better off owning a business than working for somebody else.

Not having a Bachelor's or MBA has destroyed me financially. They should pass laws forcing companies to pay a living wage and not be so quick to lay people off. It destroys the economy when they do that. They don't give union people the boot. Non-union people should get treated the same without being in a union.

[debtmonster]

No, I don't have kids. That would be too irresponsible of me to have kids with my finances being a wreck.

[hopeforus]

ah ok! I read that as if you were only leaving just to get away from everyone.

(and we were military for 14yrs active duty and you move around a little less frequently than every 3mos-1yr ;) lol)

[hopeforus]

well our finances are a wreck right now and we have 4 kids. but I don't consider it being irresponsible. sometimes things happen after you have kids. I agree it's not wise to try to have kids when you aren't in a good situation though...

[InDebtNeedHelp]

Garnishment of wages for debt, student loans, and/or taxes? All of the above?

Quote:
Originally Posted by debtmonster View Post
If anyone is worried about getting wages garnished, move to Texas. That's a garnish-proof state.

[debtmonster]

well our finances are a wreck right now and we have 4 kids. but I don't consider it being irresponsible. sometimes things happen after you have kids. I agree it's not wise to try to have kids when you aren't in a good situation though...

There's too many people on the planet. I've been married 3x and never had children with either wife. The "pull-out" method works every time. Plus I like sleeping late. You can't do that when you have kids. You either have to wake up early for them or they will end up waking you up whether you like it or not. Plus I am too broke to afford them. Kids are for rich people. It costs $100k per kid to raise them and put them through school. I can't afford that. I look at anyone who has kids to be rich, whether they admit it or not. I can barely afford to feed myself, let alone other little mouths. That's just my opinion... which nobody seems to care about anyway, so don't worry about it.

That's a whole separate issue altogether.

Anyway... Right now we're talking about moving around and not getting sued.

The thing is, I never looked at it that way. I only realized it this year after I read a post talking about how Chase and other banks were suing people. Why haven't they sued me? Are my balances too low? Do I need to do what many people here did and rack up $30,000 Mastercard and Visa bills? Maybe my $1,000 to $3,000 bills were not worth their time to go after me? I have no idea.

I wish there was a science to this so you can know why or why you didn't get sued.

[GreenInkOnPaper]

Your post about Texas being garnish proof is partially right. However, Federal student loans, federal income taxes and child support ....any state, any time.

[debtmonster]

Your post about Texas being garnish proof is partially right. However, Federal student loans, federal income taxes and child support ....any state, any time.

That's what I heard and then I talked to some of my customers from that state who confirmed it. I have no idea why they would make a law to burn merchants like that. That's great for us consumers but not for store owners, credit cards, etc.

You can't run away from student loans, taxes or child support unless you leave the country and plan on not coming back.

[Mary Irene]

Debt Monster: The only thing I can figure out is that you originally lived in a state that tolls debts. Meaning that after you moved out of that state, the statute of limitations stopped running, otherwise, your debts would be uncollectable according to law. All you would need to tell the CA and debt buyers is "It is past the statute of limitations" and they can whine all they want but they can't do anything to you. After 7 years, it should have come off your credit report also. You need to see if the CA are reaging your debt. The correct date on your credit report is the date of the last payment you made to anyone on that debt. If they are reaging, this is illegal and you can demand the reporting agency to remove it or you can sue the CA if they keep doing it. Look for accounts in multiple places with the same amt owed, usually with a different account number. The original debt would be the oldest one there. The rest are illegal. You may be running for nothing.