Have you been served with court papers because you stopped paying your credit card? Credit card companies sue thousands of people every year and they are very good at it. The process by which a law suit is filed and prosecuted through the courts is governed by a complex set of state laws and procedures that must be followed in order to move a case through the legal system.
Understanding what is going to happen next in your law suit will ease the anxiety you are likely experiencing as a result of being sued.
The law suit begins with the filing of a complaint by the credit card company, which must be served (delivered) to you by a process server. Once you are served, you must file an answer to the complaint, along with any counterclaims you might have, within 20 days. If you fail to file an answer, the credit card company may ask the court to enter a default judgment against you.
Once a judgment is obtained, the credit card company may ask the court to garnish your earnings. If a wage garnishment is obtained, it is sent to your employer who would then be required to deduct the garnishment amount from your pay check before you receive your paycheck.
If you have any questions about this process, you may call to speak with an experienced Peabody MA bankruptcy lawyer at Konstantilakis Law PC by calling (978) 826-5906.