What would you like to do?
You will need to follow due process of law. Which begins with filing a lawsuit in the court of jurisdiction. If you win you petition for a writ of judgment and then execute it against any of his nonexempt property. There is also wage garnishment and bank account levy options. Winning a lawsuit does not automatically mean you are going to get the money owed you.
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First you start by filing against the individual. After which if the courts find in your favor the following will apply. A judgment is issued by the court. Highlighting "judge…" in the word judgment. It then is the duty of the courts to record all judgments. Yeah but just because you may have won a case or "judgment" I don't think that automatically means...that person has a judgment on their credit? I think there maybe be further actions or steps that must be taken in order for that to happen? Am I wrong??? I won the case and judge ordered 2000 expense. Now my lawyer had to file the judment in the court but I don't know what is the next step. I am exasted and running out of money fasttt!! THERE ARE COMPANIES LIKE LEXIS NEXUS AND MANY OTHER OUT THERE THAT HAVE ACCESS TO ALL COURT FILINGS AND THEY REPORT ALL JUDGEMENTS, BKs, LIENS, ANY PUBLIC RECORDS TO ALL 3 CRAs. YOU HAVE TO DO NOTHING ELSE BUT GET YOUR JUDGEMENT IN COURT AFTER THAT IT BECOMES A PUBLIC RECORD. . We won a judgment in court awhile back, but there was no place on the form for the defendant's social security number. The only address we had for her was her work address, which is where we had her served. I have wondered if there was a way we could report the judgment to the credit bureau ourselves (we have her social security number). If we can't, I don't really see how this would ever get on her credit report. After you obtain a judgment, you must then obtain what is called an abstract judgment. You then take the abstract judgment down to the county clerks office and record the abstract judgment. You can obtain an abstract judgment generally 10 days or so after the judge rules in your favor and the case has become final (i.e all appeals have been exhausted). The recording of the abstract judgment will cause it to be placed on their credit and must be recorded every 10 years (in Texas).
If your mother passes away and has about 30 thousand dollars in credit card debt how do you stop creditors from putting a judgment on the property?
You can't. Any property titled in the deceased name will be included in probate proceedings. The assets will be totaled up and debts will be paid, secured debts having priori…ty. Some property is not subject to probate or creditor attachment. State statutes govern what is included in the estate and what can be exempted from liquidation in paying creditors and taxes.
Answer There is no set amount, obviously the larger the debt the more likely it is the creditor will sue. Such a decisions is usually made on wh…ether or not a judgment could be executed sucessfully. If the debtor is employed in a state that allows wage garnishment or bank account levy then a lawsuit is a viable option for the creditor as those are assets that are fairly easy to attach.
Answer The creditor is the person who has loaned the money not the person who owes the money. The debtor owes the money and a lien is placed against that pe…rson's property by the lender obtaining a judgment through the proper legal procedure that are required in the state in which the debtor resides. Usually the creditor will need to sue the debtor in small claims or other state court in the county in which the debtor lives. Mechanic Liens can be recorded with the clerk of deeds or land record office by presenting the proper documents and following the methods required by the laws of the debtor's state.
Yes. You must return to the court that rendered the judgment and request that it issue an execution that can be recorded in the land records.
IF your marginal tax rate is 15% 15000 X 15% = 2250 First use this calculator in the Related Link below to determine how much tax you would owe on your entire income for the… year without the $15,000. Then add $15,000 to your income for the year and use the calculator again. The difference between the two answers is how much federal income tax you owe on the $15,000. If this $15,000 is from self-employment, add about another 15% for self-employment tax. Then add your state and local taxes, if any.
You would write this as: $25,000,000,000
25% = .25 .25 X $10,000 = $2500
$4,250.00 is 25% of $17,000.00
25% of $50,000.00 = 25% * 50000 = 0.25 * 50000 = $12,500.00
To find 25 percent of a value, multiply the value by 0.25. In this instance, 0.25 x 84000 = 21000. Therefore, 25 percent of 84000 dollars is 21000 dollars.
25% of 14,000 dollars = 14000*0.25 = 3500 dollars.