What happens in court if summoned to claims court for unsecured loans and i have no way to pay it?
Answers:2 | LastUpdateAt:2012-09-19 09:35:03
Question- yovamelia
- Asked at 2012-09-09 05:14:02
3 unsecured loans and I can not pay more and who will denounce me , I can ? Jail
Answer1n gibsAnswered at 2012-09-12 15:41:04
if they win a judgment against you may be able to garnish your wages MedlinePlus
MedlinePlus
not have debtors prisons in the U.S. MedlinePlus
MedlinePlus
How the hell did you get three unsecured loans ? - What do you mean by credit card ?
Answer2A.S.A.P Story ending edit or comment pleaseAnswered at 2012-09-19 09:35:03
No, you can not go to jail , however , that the trial is valid for 10 years. They can take their sweet time and wait until you have the money . Just because you can not afford if it were now , does not mean you will not be able in 10 years . It will also ruin your credit and be on your credit report for 10 years ... not the usual 7.
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Question:What happens in court if summoned to claims court for unsecured loans and i have no way to pay it?