I've being sued for a recovery agency,(credit card),,need help?

im in texas they%26#039;r in ohio,and they contact a attorney in my city to place a court order, i received the papers and i have 5 days to reply,at court,i have this debt(credit card)since 2002 and some others credit cards that i did not pay either, if i don%26#039;t show up at court, the papers said they can do a judgement on me, what they can do against me,can they freeze my bank account,put me on jail or what? i have a house and a car under my name, thats it, also i have low income, so there is no way for me to pay the amount, what i can do, please help.

I%26#039;ve being sued for a recovery agency,(credit card),,need help?

Few good sources:

http://www.expert-credit-advice.com/stat...

http://www.expert-credit-advice.com/debt...

http://www.legaladviceline.com/default_1...

I%26#039;ve being sued for a recovery agency,(credit card),,need help?

appear in court. they can make payment arrangements. that would probably be best you shouldnt avoid this. they cant put you in jail but they can garnish the hell out of your wages and make you pay court and lawyer fees, which would suck..

I%26#039;ve being sued for a recovery agency,(credit card),,need help?

They can order jail time, and fees. If those fees are not paid, they can legally put a lein on your car and home. That means if they are ever sold, the debt is paid before you even see the money.

Why not just pay your debts?

I%26#039;ve being sued for a recovery agency,(credit card),,need help?

For starters, completely ignore the dribble from Gilly Bean. That response is pure collection agent nonsense. They will NOT put you in jail for debts. Positive!

Ignore the responses sending you to credit repair, credit counseling, or consolidation loan sites. I wish these people would quit spamming yahoo with those self serving answers.

OK, for starters don%26#039;t panic. Read over your court papers very carefully. If it says you need to file an answer, DO IT NOW! Failure to file an answer could result in a default.

Go to court! Again, if you are a no-show, they win on default.

Bring along a list of your finances and income. If you lose (you make it sound like you will) then explain your situation to the judge. In many states, the judge can order installment payments that will fit into your budget.

If not, then you need to research Texas collection laws. They can not garnish wages in Texas. They can go after you bank accounts, or your car. They can put a lien on your home.

Go to court and see what arrangements you can make. Good luck.