I live in NY and I recently received a garnishment for a 6 year 11month old credit card, which doesnt appear on my credit. This account was sold to Asset Acceptance LLC. Now Asset Acceptance is trying to collect $1945.00 from my salary. This judgment was enter in 12/06/06.
-My first question is how can a dispute this?
-By NY laws can they still try to collect a debt that is almost 7 years old. meaning the last transaction was 11/2001.?
-Can I try to settle this judment for less that the current balance?
-What could happen I decide to ignore this garnishment?
thank you for your help.