I came into work today to find some kind of garnishment notice waiting for me from the courts on behalf of Check City. I had taken out a loan almost 2 years ago now and my circumstances at the time resulted in the loan defaulting. I hadn't heard anything from these guys until now. I did briefly move out of state for about a year so maybe that's why. I'm not denying that I don't owe any money, but at the time I wasn't able to pay even the minimum amount without it making an impact. I now have a job where I am able to pay and am hoping there's some kind of way that I can make some kind of payment arrangements with them. The amount owed is less than $1000 (yeah. Not a lot at all) and they're asking to take 25% of my check which would amount to about $250. With that, the judgement should be paid off in less than 4 months unless there's additional fees or something that I'm missing. My questions are these: 1. Should I try to contact Check City to see if they're willing to make payment arrangements (highly unlikely) or just let the garnishments happen? My hope is to get this removed from my credit report or something. 2. Are my credit cards and bank account subject to these garnishments too? 3. I did recently purchase a new car. Is that how they were able to find me or have they been looking for a while? 4. Should I approach the court and ask to have this lowered or ask for proof? How would I go about doing something like this? I'm just a stupid kid who has grown out of this credit abuse. I know not to do stupid things with my credit and have taken steps to get my past debts resolved as quickly as I can. I just want to know what to do with this latest one. Thanks
Bank accounts could be targeted. There may be fees that your employer is entitled to collect from the amount that is garnished, and this would be a reason to settle and resolve the matter in a lump-sum fashion rather than letting the payroll department do it. Also, you want to portray yourself to your employer as a stand up guy who just got blindsided by something old--and just letting this take its course rather than stepping up and taking care of it ASAP will not accomplish damage control vis-a-vis your image at work.
Since this has never happened to me before I'm not even sure where to begin to resolve this with a lump sum payment. Do I call the court or the company I owe money to?
On these papers on the line that says Party or Attorney Name it just has Check City. The only other info on this paper is the court of Provo.
