I defaulted on a loan from HFC for $9,000 It went to collection through Rubin & Rothman. I made a payment plan but some events occurred which made me fall behind by 2 months. They went to court and obtained a judgment and are now threatening salary garnishment unless I pay $575 per month. My original payment plan with them was $99. They say it is not negotiable and allowed by NY State law to take 10% of my salary. I am a sole breadwinner and this will cause a real hardship.
I had no idea Rubin & Rothman was going to Court for the judgment. I received no subpoena. Is there anything I can do. I am willing to pay but not this large amount each month.
I assume that during that time you were behind you were not in regular communication with them to keep them in the loop.
I would suggest you find a local attorney to talk with about the situation. It may be possible to get the judgment killed but it would involve some technicalities and that would require specialized help.
When you entered into the payment plan do you sign anything that said anything about what would happen if you did not pay?
Please post your responses and follow-up messages to me on this in the comments section below.