North Carolina laws of Credit Card default. I have had a credit counseling firm help but can no longer pay.

Question

I have SS disability for my MS and $1,000 is all I receive every month. I recently fell, and had to relocate closer to my kids. So my rent jumped from $199.00 to $550.! I am on the list for subsidised housing but in the meantime I am terribly broke. I have sold all my jewelry and possessions. I can no longer pay my $350. credit card debt. I am 60, can not borrow money from anyone and can not pay my monthly payment. I am forced to stop paying and want to know the ramifications. I know my credit rating will be screwed, but getting vet care for my service dog is more important right now. Finally, my question is....can "they" garnish my disability for non-payment of debt? My total default will be about $9,000 from 5 different CC companies. Thank you so much for your time.

Answer 1

Social Security checks can not be garnished.

If you have no job they can't garnish your wages.  You do not own a car or home so they can not put a lien on your property.  You don't really have that many items for them to seize, and as long as you don't keep much money in the bank they can't seize that either.

In other works, you are considered "judgment proof" and there really is no way for them to collect if they sue you.

Answer 2

Lynda R, I found a nice online list of North Carolina local credit card resources. http://www.howtofindcreditcard.com/North... Try calling a local service and they can answer your questions.