What’s the appropriate procedure?
The process that is legal if the creditor(s) files case contrary to the debtor. The debtor shall be served a summons and get required to surface in court. The debtor can take one of four actions within 20 days of being served the summons
- settle using the creditor
- neglect to respond to the summons, therefore agreeing into the settlement established by the court (standard judgment).
- reject your debt and contest the way it is. An endeavor would bring about dismissal or a judgment.
- acknowledge the agree and debt towards the settlement terms (judgment) set by the court
In the event that creditor gets the judgment, then there clearly was a appropriate process of seizing the debtorвЂ™s home to be in your debt.