top of page
Search

What happens if I do not pay my debts?

What happens if you do not pay your debts?


The following may happen if you do not pay your debts:

1. Wage garnishment

2. Other type of income garnishment

3. Bank seizure or levy

4. Lawsuits filed against you

5. Home foreclosure

6. Car repossession

7. Arrest (for example: child support)

8. Property taken away

9. Collection calls

10. Collection letters

11. Bad credit

12. Cannot receive loans

13. Cannot receive credit cards

14. Cannot open a bank account

15. Constant stress and emotional affect from all the above

16. And much more...


Living in debt is very hard, contact a Houston bankruptcy lawyer at the Rashid Law Firm and see how bankruptcy can give you a fresh start.



Recent Posts

See All

An example of cross collateral is when you have a vehicle being financed with a credit union and also have a credit card with that same credit union. If you file for bankruptcy under chapter 13, the v

Si estas buscando un abogado de bancarrota en Houston que habla español pues ya lo encontró. El abogado Rashid habla español con fluidez ya que se crío en Puerto Rico. llámenos ahora si necesitas elim

bottom of page