That pretty much depends upon how much the judgment is for. usually, if the judgment amount is small, then nothing happens except that you have a really negative mark on your credit report. If you attempt a purchase a home, the mortgage lender will force you to pay off the judgment before they will extend a mortgage loan to you. The judgment will appear on your credit report for a very long time and will negatively impact your credit score. If the judgment is for a relatively large amount of money, the creditor will most likely seek to garnish your earnings or attach monies in your bank accounts.
If it was not paid in full or settled, the judgment may have been renewed by the judgment holder. Most judgments are renewable and can be kept on a credit report for an undetermined amount of time.
Actually, the only way for them to do that is if they have been awarded a judgment against you, if they don't have one than they shouldn't be freezing anything. If they do have a judgment on you and have file a writ to attach you accounts than it is only for the amount they were awarded in the judgment.
Take the docket number to the county recorders office and get a copy of the judgment. The information on the judgment will give you the name of the lender.
I'd suggest disputing with the bureaus and saying "No judgment or settlement. Amount owed ZERO as per letter" Include the letter.
You could visit the court and ask to see your file and then look for a judgment that lists the amount of your arrears.You could visit the court and ask to see your file and then look for a judgment that lists the amount of your arrears.You could visit the court and ask to see your file and then look for a judgment that lists the amount of your arrears.You could visit the court and ask to see your file and then look for a judgment that lists the amount of your arrears.
A deficiency judgment is where the owner of a mortgage or deed of trust is awarded a judgment against the borrower in the amount of: the amount of money owed in the mortgage or deed of trust minus the amount of money the property sold for at foreclosure sale If the above amount is a positive number, some states allow the lender to get a judgment for that amount.
The amount of a court issued judgment.The amount of a court issued judgment.The amount of a court issued judgment.The amount of a court issued judgment.
If a judgment creditor over charged you on a writ of garnishment increasing the interest and the amount to be garnished can the judgment be vacated?
If the amount of the court costs was added into the total amount of the judgment, then you have not paid off the judgment. You have only paid off the debt that was the basis for the lawsuit. Until the entire amount is paid, the judgment creditor will not give you the necessary release or warrant of satisfaction you need to eliminate the judgment lien.
The judgment must be paid from the proceeds of the refinance. That amount will be deducted from the funds paid over to you.The judgment must be paid from the proceeds of the refinance. That amount will be deducted from the funds paid over to you.The judgment must be paid from the proceeds of the refinance. That amount will be deducted from the funds paid over to you.The judgment must be paid from the proceeds of the refinance. That amount will be deducted from the funds paid over to you.
*Bangs my gavel... the judgment is...three fish...now be gone....
Look at the sentence and judgment papers carefully or call the Court. Most Courthouses have a cashier that can look up the amount owed if you provide your case number. This number is on the sentence and judgment.
Yes, the lender can file suit for the outstanding amount and if they receive a judgment they can execute the judgment in the manner in which the laws of the judgment debtor's state allow.
Yes. If they find it and obtain a judgment lien in court first.Yes. If they find it and obtain a judgment lien in court first.Yes. If they find it and obtain a judgment lien in court first.Yes. If they find it and obtain a judgment lien in court first.
No
Memorandum of judgment is a brief summary or outline of a judgment which specifies the name of the court that entered the judgment, date, amount, name of the party in whose favor and name of the party against whom entered.