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Is a judgment against you through the court more damaging to your report than a collection?
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∙ 13y ago
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Can a judgment be placed against you personally when when operating a business through a corportation?
Yes
Can a collection agency in Texas garnish my checking account?
Only if it has gone to court, served you with the complaint and gotten a judgment against you. If it has gotten the judgment, the agency must still make application through the courts to get the wage garnishment. The garnishment cannot begin until you have been given notice of the request and a chance to object to it.
If a judgment has been rendered against you and you ignore it what happens?
If a judgment has been rendered against you and you ignore it, the creditor can contact the local sheriff and ask that collections be enforced. The sheriff may then give you notification of the intent to remedy the collection through seizure of your property and give you an opportunity to list your assets and in some cases, may allow you to make payment arrangements. If you ignore the notice from the sheriff, he may come in and collect your belongings and sell them at auction to pay your debt.
How do you put a lien on a business for non payment debt collection?
You need to sue it in court and win. If you win you can request a judgment lien.You need to sue it in court and win. If you win you can request a judgment lien.You need to sue it in court and win. If you win you can request a judgment lien.You need to sue it in court and win. If you win you can request a judgment lien.
Can debt collection agencies sue in North Carolina?
This is a misnomer. When an account is sent to debt collections, the collection agency does not typically own it. They are simply acting on the part of the lender or creditor. When judgment is sought on a bad debt, it is the lender who is suing. They are perhaps doing so through the collection agency and the lawyer they have under contract, but it is not the collection agency who is suing.
Can they put a judgment against your property if only your nane is on the deed wife has a judgment against her?
It depends on your state: If you live in most community property states (Louisiana West through Texas, and on the California) a judgment against her may affect your property if it is deemed to be "community property" which is property acquired during the marriage. If you live in a common law state, and the state has maintained "tenants by the entireities" as the form in which married persons hold property, then the property is, in all likelihood, free from the lien of the judgment.
How do you sell a judgment?
You can contact a 3rd party company. They will then either purchase the judgment from you, paying you a percentage of the amount owed on the judgment and they then become the owner of the judgment. OR you can contact a collection agency and they will attempt to collect on the judgment and will take a percentage of what they collect, IF they collect anything. Most collection agencies seem to take months upon months before they collect anything and sometimes even tell you "Sorry, we couldn't collect for you." A good way to get an idea of the process is to go to Google, type "judgment buyer" in the search field. You will get alot of companies. Read through the websites carefully and find out their procedures. I just used floridajudgmentbuyer.com and had no problem at all. But, that's just my experience. Good Luck!
How do you get a judgment against someone you loaned money to?
In order to procure a judgment against someone for debt, due process has to be followed. Filing a lawsuit in the appropriate venue,(usually Small Claims Court). Obtaining a hearing date, going through the hearing/trial process and being awarded a judgment. Then the judgment has to be enforced which also has specific steps to be followed. Consult court procedures governing lasuits and judgments for your state of residency.
Who can file a lien on property after a bankruptcy discharge?
No one. Liens can only arise on valid debts. They can be statutory (such as a mechanics lien) or judicial ( a judgment lien). However, bankruptcy discharges the underlying debt, unless the debt was one not subject to discharge (such as taxes of a student loan). These creditors can pursue these debts, receive a judgment and enforce collection through a judgment lien.
If a creditor has a judgment against you but has died who do you pay or how can you have the judgment removed?
The judgment would of come through the court system. You would need to contact the court to know who to pay. You can dispute the listing to the credit bureaus, but that doesn't mean it will be removed. They have 30 days to verify the listing and if it isn't verified it must be removed.
What would happen if your bank reports you to the collection agency for being overdrawn by 2800 dollars for 45 days?
The collection agency will attempt to collect the debt through phone calls to you, letters requesting payment, and possibly seeking a judgment against you in court and garnishment of your wages if you are employed. The most serious consequence of overdrawing your checking account is they no doubt reported it to ChexSystems... an entry on ChexSystems will prevent you from being able to open a new bank account.
How do you garnish a personal loan?
First, you must have a judgment against the debtor. Then you may initiate garnishment proceedings, preferably through the counsel of an attorney. See the link below.
