Hmm, I have actually never
Posted By: Margaret on 2007-06-08
In Reply to: Has anyone ever defaulted on a ... - Aunt Bea
heard of that. But as the other poster said, beware that they can and will garnish wages, and if they don't have access to that they will go in and clean your bank account right out. It happened to me and I was totally shocked that they could do that. I think they had to leave some paltry little amount in there like 100 dollars but they took 900 bucks and I didn't even know about it until I went to an ATM. Lucky I did, though! This was on a Friday and I didn't get the notice in the mail until Monday and I hate to think of all the bad checks I could have written over the weekend.
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