I have a credit card judgement and received a Trust Deeed and Note Securing Bail Bond, what is that? Did the bonding company make the judgement payment to the credit company and I now owe the bonding co? Would this be reduced or removed if I file for bankruptcy? Need Help Thank You.
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Read More Answered By: Larry L. Doan |
You'd have to describe this better but it seems these two things have nothing to do with each other. You must have had a criminal case where you had to post bond, hence "bail bond". On the other hand, a credit card judgment means you were sued in civil court for your credit card debt and they won on default (or after trial) and got a judgment. Credit card debt is never a criminal matter! A trust deed means there is real property or other collateral involved. Do you have a house? Please clarify.
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