The party can issue a Writ of Garnishment to take money out of your bank account, they can issue a Writ of Execution to take eligible property or any other discoveries such as tax refunds, inheritance, etc. Those are worst case.
A lien cannot be placed against an individual in reality. However, a judgment creditor such as a credit card company can place a lien against real property owned by a judgment debtor. The judgment creditor can take other steps as well to collect the debt, an example would be income garnishment.
It means that you have that on your credit report for 8 years and that they have the right to collect the judgment from you.
It means that a claim has been filed with a court for judgment and they are going to try to collect legally through a court. A judgment just gives them the right to pursue you or file for garnishment.
An outstanding judgment is a court order that gives a creditor the legal right to collect from a debtor. As court judgments are a matter of public record, a creditor can report the judgment on the debtor's credit reports. An example of a judgment placed on a credit report would be a judgment for eviction. This judgment will remain on the credit report for seven years from the filing date.
A judgment is placed on a person's credit when a court rules in favor of a creditor in a lawsuit for unpaid debts. The creditor is the party that pursues legal action to obtain a judgment against the debtor, and this judgment can negatively impact the individual's credit score and ability to borrow money in the future.
Question is not clear, but your father's Medicaid eligibility is not affected by his financial troubles. The credit card folks may get a judgment against him, which will affect his credit rating. If he comes into some money in the future, presumably they will attempt to collect that judgment, possibly from his estate.
If the judgment names only one spouse as the judgment debtor it will not be entered on the non judgment spouse's credit report.
Yes, a lawsuit by a debt collector can affect your credit score. If the debt collector wins the lawsuit and obtains a judgment against you, it may be reported to the credit bureaus, which can negatively impact your credit score.
yes, and its always against you
Answer: If your credit card company obtains a judgment against you they may take any property of value that they can find.
I have a civil judgment against me and the mobile home wasn't in my name. It is showing up on my credit report. How do I dispute it?
No