Failure to pay a debt in the credit card
My auntie accidentally used credit card thinking that it was a normal card. She was unable to pay her debt in the credit card and does not have enough money to pay. She was scared to be sued by the company of the credit card and was given a month to pay for everything. We are planning to compromise with the company where my auntie owes money.
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Failure in paying a credit card debt will result to garnishment. Since there is an unpaid debt, they will get the debt from other assets you have. An example is you lot or your house. They can getv your house and lot or maybe your car in order to suffice with what is left. They can just suddenly go to your house and remove all the things inside or even demolished the house.