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How much do you have to owe a creditor for them to put a judgment on you?


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Answered 2006-07-14 18:29:34

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 whether 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.

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