Almost six years ago I financed a car through Ford Motor Credit. I never should have received the loan (they called it a "no peek" loan) but I had a friend who got it for me. Less than a year later, after many late payments, I finally called Ford and told them to come get the car because I could not afford the payments anymore (I had lost a very good job and was out of work for some time). They came for it and in subsequent months made attempts to collect the balance. I have never paid the outstanding debt because I continue to just barely get by now.
In this last year I contacted the attorneys office holding the paperwork to see what exactly I owed and determined that I would not be able to pay the almost $10,000 they were asking for. I wish I could pay it. They said that I had a judgement on my credit file, but there is no report of a judgement in my file anywhere. Why? I have not had a job in over a year, my husband supports us on his job.
Also, About seven months ago, I formed a corporation with my sister. We are trying to get an internet business going. We are still not up but hoping for this year some time. We are each owners at 45%, with a private investor at 10%.
My question is about a summons I received today. It is a Notice to Consumer or Employee. It states that I am supposed to "produce any account records or applications which indicate my current address, phone number or place of employment as well as copies of checks or payments from the last or the next thirty days."
I am supposed to appear in court on this matter on Feb. 16, 2006. What exactly is going to happen at this hearing and what can I do to prepare for it? What are the repercussions for our business which has not even sold one item yet? Why has this not shown up on my credit file? What are my rights, if any?
Lakergirl
In this last year I contacted the attorneys office holding the paperwork to see what exactly I owed and determined that I would not be able to pay the almost $10,000 they were asking for. I wish I could pay it. They said that I had a judgement on my credit file, but there is no report of a judgement in my file anywhere. Why? I have not had a job in over a year, my husband supports us on his job.
Also, About seven months ago, I formed a corporation with my sister. We are trying to get an internet business going. We are still not up but hoping for this year some time. We are each owners at 45%, with a private investor at 10%.
My question is about a summons I received today. It is a Notice to Consumer or Employee. It states that I am supposed to "produce any account records or applications which indicate my current address, phone number or place of employment as well as copies of checks or payments from the last or the next thirty days."
I am supposed to appear in court on this matter on Feb. 16, 2006. What exactly is going to happen at this hearing and what can I do to prepare for it? What are the repercussions for our business which has not even sold one item yet? Why has this not shown up on my credit file? What are my rights, if any?
Lakergirl
