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If you make a payment on a debt can they still file for a judgment?
Wiki User
∙ 16y ago
Off course. A payment on...is not paying it off.The judgement is to asure you will.
Wiki User
∙ 16y ago
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How long does a creditor have to file for a judgment?
The time limit for a creditor to file for a judgment depends on the statute of limitations in the specific jurisdiction or on the type of debt. It typically ranges from 3 to 10 years from the date the debt became due. It's advisable to consult with a legal professional to determine the exact time limit in a particular case.
How do you collect a final judgment in the Florida?
File the judgment with the clerk of the court in the county where it was issued in the manner in which you choose to collecct the debt owed.
Filing chapter 7 after negotation a debt through court?
Assuming you mean a payment plan for a debt that a creditor got a judgment for in civil court, and you are asking if you can file Chapter 7 (and qualify to do so), yes, you can, and the repayment agreement then is subject to the bankruptcy court automatic stay.
What is the meaning of legally enforceable liability or debt?
This is a debt that can be legally enforced in a court of law. You can file for a judgment and the court or judge stands behind this.
How can you satisfy a credit card judgment?
Your options are somewhat limited. The judgment is a legal determination that you owe the money. You can (1) simply contact the judgment creditor and/or their attorney and tender payment of the judgment; (2) negotiate a payment plan or reduced settlement; or (3) file for bankruptcy.
Can a creditor garnish your wages or file suit for an old debt if you have been making payments as often as possible?
Yes, if the original terms of agreement were not followed, a creditor could file a suit, win, receive a judgment and enforce the judgment in the form of wage garnishment. Even if the debt is "old" the SOL would more than likely not apply in this instance. Whenever a payment or in some states even an agreeement or inquiry is made on an account, the SOL restarts.
If you file a bankruptcy petition does that change the status of a debt on a judgment to the creditor?
A judgment is final and does not change. The creditor was awarded and filing bankruptcy is a different issue. Also state laws vary. A petition in bankruptcy lists the debtor's assets, liabilities, and debts so that a realistic arrangement for the payment of creditors can be devised.
It's been 7 years will this debt go away?
It depends on what "this debt" is. If it is a simple unsecured debt, 7 years from the last payment it has to be removed from the credit report. In most cases the state's statute of limitations will already have expired, so it cannot be collected by legal action. If it is a judgment debt, either after a trial or a default judgment, it is usually valid for 10 or 20 years after the default was entered and the creditor can always try to collect it. If you file bankruptcy and get the debt discharged, no legal collection action can be taken, although there is a growing collection industry designed to get people to pay even though they can't force payment. They often send a demand for payment and offer to take half. Most people don't bother to check with a lawyer and just pay it.
If your wages are being garnish and you relocate to a state that dont garnish your wages will the garnishment stop?
Garnishment will not stop if you leave the state. A garnishment is obtained from a judgment or default judgment against you in court. You have the option to go to court, and file for modification of the debt or file bankruptcy unless the debt is listed under special circumstances.
Can a lawyer acting as a debt collector file for a judgment in court during the 30 day validation period and after the defendant has requested the validation of the debt within the allotted time frame?
A lawyer acting as a debt collector can usually file for a judgment in court even during the 30-day validation period. However, if the defendant has requested validation of the debt within the allotted time frame, the debt collector usually cannot seek a judgment until the validation process is complete and the debt has been verified.
If an account has been levied can it still receive direct deposits?
Yes, but the judgment holder can continue to levy the account until the debt is paid. In most states a bank levy is allowed for a specific period of time, (generally 30 days) and then the judgment holder must file for another levy if there is money still owed.
What do you do when a lawyer freezes your account and has a judgment against you?
If you owe the money, make payment arranges so they don't make continous efforts to freeze your accounts. If you need the money that was frozen to meet basic necessities like rent, file a timely claim exemption with levying officer to see if you can get some of the money back. If the judgment was obtained fraudulently, retainer a lawyer and file a motion to set it aside. You might also consier file for bankruptcy to void the debt.
