Being Sued for Credit Card Debt

by Michael
(MA)

I found out I am going to be summoned to court for a Bank Of America credit card bill - the plaintiff is FIA Card Services (I havent received the summons yet but was told by my local court that a suit had been filed against me and they have 90 days to serve me the summons. Ihe credit card bill is about $18,000.00. I own a home which is in a trust and barely make ends meet and if they garnish my wages I will have to file bankruptcy as a last resort. I might be willing to settle if they are willing to do it for 35% - 45% of the original amount of the debt or I may just fight it in court. The house is in a trust so I am unsure if they can put a lien on the property and if they did then I could just pay the debt off at time of the sale? Is this an option other then a wage garnishment? Thank you