“Dear Steve,

I have an outstanding debt of 3500.00 to discovery card. they won a judgment against me in 2003 but i was living out of state and was never served. now they are going to garnish my wages. i just found out about this today and there is no way i can afford this. please help.
thank you.

Steve”

The Answer

Dear Steve,

You have three logical choices. The first would be to attempt and negotiate a repayment plan you can afford.

First, you can consult with a local attorney to make sure the creditor had the right to sue you and win a garnishment after so long.

Second, you can attempt to negotiate a mutually acceptable repayment plan with the creditor to avoid the garnishment.

Third, you can click here to find a local bankruptcy attorney and talk to them about discharging the old debt with bankruptcy and effectively kill the garnishment.

Please post your responses and follow-up messages to me on this in the comments section below.

Big Hug!

Get Out of Debt Guy – Twitter, G+, Facebook

If you have a credit or debt question you’d like to ask just use the online form.