Judgement on 5k debt - questions
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Posted by postitnoteman
(68.46.114.70) on March 08, 2003 at 19:55:05:
I need advice... I had a business that went under in 1999. During the time that the business went under, my debt situation became rather confusing. Since I was consulting in various cities all over the country, I quickly lost track of what I owed and to whom. Well, it appears as if some debt might have slipped through the cracks. The best I can tell, a summary judgement was issued back in 1999 for an unsecured loan with Fleet Bank in CT. Some lawyer now owns the loan and with fees, it comes to something near $5000. I'm currently unemployed and staying in NJ while looking for work in that area. My mail, however, is being sent to NH. I was just informed that a message came in from the local courts indicating that the lawyer had filed to collect on a foreign debt. Does this mean that this guy is getting ready to seize my assets? Since I'm unemployed, I obviously can't afford to pay this debt at this time and i don't want my car (which is fully paid for) or anything else taken. What can I do?
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