Hello.. In 2000 I received a credit card with a $500 limit soon after I was unable to make payments. In 2004 the debt collectors whom purchased the debt won a civil case against me for $500-$2500 since i didnt show up in court do to fear and stupidity. As on Yesterday Dec 16, 2010 my bank account became frozen from this same organization. I am unemployed and have been for the past 2 years so my account had a whopping $3 in it. I dont know what to do I called the debt collectors and of course they say I owe $3,000 from a credit card that was only $500.. I have no money and my unemployment just ran out and a job is extremely difficult to find.. I would like to know if somehow I can get this judgement overturned I agree I owe them $500 but $3000 is out of hand.. Thank you in advance, AnnTy both for your answers Mohammed , Yes the exempt in FL would be a Home...Dorothy, Considering the debt collector most likely bought this debt for $50-$100 or less (they purchase these for pennies on the dollar) from a very unsubstantial credit card company which no longer exists.. Court costs..$700 more like $175.. I disagree. I dont want someone to read it and not know the actual facts. Just to update people on the laws ...If you receive any funds from the government such as unemployment,SS,public assistance, etc. The debt collector must remove( in most states) the hold on your account for these funds they are considered exempt. Contact your bank and Contact the Collector just make sure you have at least 3 bank statements to prove this to them.. I hope this helps someone.