what are the chances or applying for a credit card with a judgement on credit?
Question by mrs lopez: what are the chances or applying for a credit card with a judgement on credit?
Last year a judgement was place on my credit report but Im paying it off monthly and for tax season, its garnish but now I want to apply for credit card what are the chances for me to get approved? any advised?
Best answer:
Answer by living dead girl
i think most people regardless of position have a pretty good chance of getting a low limit credit card – you might be started at 0 – 0 and healthy to increase after making timely payments. I would recommend chase.com,they seem to be pretty fair. or go to the bank and apply where you have your checking statement – because they know you and your history with them.
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can a company who bought my credit card debt file a judgement on me?
Question by sweetnchunky: can a company who purchased my credit card debt file a judgement on me?
I was hurt and lost my job 6 years ago, I only paid what I could afford to. I had a credit card that I let go. The card company charged it off and the debt has been sold many times since. Now the latest company who has purchased the debt has filed papers in my local county court to place a judgement on me for the unpaid money. Can they do this? I thought that only the original company could do this?
Best answer:
Answer by v b
Did you ever get a 1099-C for the cancelled debt? When the debt is legally charged off, they have to issue you one if the debt is more than 0. (Then it’s taxable income on your tax return.)
If you didn’t get the 1099-C, they might have never really cancelled it and yes, if they sell it, it’s a legal debt still. The mortal who purchases it can take you to court.
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Will my bankruptcy chapter 7 unsecured debt discharge of 09 affect my tax return?
Question by Angelwing: Will my bankruptcy chapter 7 unsecured debt discharge of 09 affect my tax return?
Best answer:
Answer by efflandt
What do you mean “affect”. I don’t think they can suck it up directly, but you might be required to turn over some or all of it to your trustee (depending upon when bk was discharged), since it could have been used to pay your creditors sooner if you had proper tax withholding.
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