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What are my options for a motor vehicle judgment Can't afford to settle this?
Wiki User
∙ 14y ago
File Bankruptcy or threaten to since they would yield nothing if you do. They will want to settle fast.
Wiki User
∙ 14y ago
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In bankruptcy is a judgment that was entered by a lawyer for a collection agency which resulted in a drivers license suspension a secured claim by the collection agency?
It depends on the judgment. If it is a Motor Vehicle Judgment it is not a secured claim which makes sense since they went after your license and not your assets. Sometimes these Motor Vehicle Judgments show up on your credit report and the only way to get it off is to settle the judgment or file bankruptcy. If it is not a Motor Vehicle Judgment it is most likely a secured claim.
How long is a motor vehicle judgment good for in Pennsylvania?
Hi, 20 years. Then all you have to do is get a hearing so the judge can strike it. Check to see if they renewed it. It has to be renewed every 5 years, if not you can get a hearing. The other options are settle, bankruptcy or move to a state that does not recognize the statute like Texas.
What can you do if collectors will not settle a levy?
There really are no options if the judgment levy is valid. The involved party might wish to consult with an attorney licensed to practice in his or her resident state to ascertain if the judgment levy has been executed according to the existing state statutes.
What do you do if the creditor don't want to settle on your judgment?
Pay the judgment like you're supposed to.
If a collection agency is suing you - but you have no job or assets - what will happen if they win?
The debt could become a judgment. Do not put yourself in a state of worry. Your options are to settle this debt or once this account is placed on your report as a judgment you can submit an offer to compromise. Especially if you are struggling with your finances.
Is an adjudication legally binding?
Yes. Adjudication is the legal process to settle a dispute. It is the act of a court, or other arbiter, to hear and settle a case and render a decision, order, judgment, or decree.Yes. Adjudication is the legal process to settle a dispute. It is the act of a court, or other arbiter, to hear and settle a case and render a decision, order, judgment, or decree.Yes. Adjudication is the legal process to settle a dispute. It is the act of a court, or other arbiter, to hear and settle a case and render a decision, order, judgment, or decree.Yes. Adjudication is the legal process to settle a dispute. It is the act of a court, or other arbiter, to hear and settle a case and render a decision, order, judgment, or decree.
If you have a judgment against you and cannot pay it all can you settle for less than what is owed?
The party involved can try to negotiate a settlement, but it's unlikely if a judgment has been awarded. Once a judgment is in place the creditor has several options for executing it for payment of funds owed. If the debtor is gainfully employed the creditor will probably enforce the judgment as a wage garnishment and collect the entire balance of the debt.
How do you attach a blanket lien out of court to settle with an individual?
You can only attach a person's property through a court judgment. The court issues the judgment lien and then the lien is recorded in the land records. When the parties settle out of court there is no perfected "lien".
Can you settle a judgment?
You can try to settle the case any time, but each case is different. Unless you file bankruptcy, you cannot force a creditor to compromise a debt. Some creditors will settle debt before it goes to judgment in order to avoid the expense of attorney fees and other litigation costs. Others will get the judgment and try to collect before agreeing to settle. Others won't settle at all. It depends on how aggressive the creditor is and your ability to pay.
Can your motor vehicle license be suspended if you have a judgment against you in Pennsylvania?
Yes, you can settle, make payments, file bankruptcy or move to a state that the DMV does not recognize the judgment. Many states are creating legislation to block their states from a national DMV. Bankruptcy is not good for the judgment holder since they would see nothing as far as money, so settling is in your favor. Also bankruptcy will muck up your credit for years.
Can a VA benefit be used or attached to settle a lawsuit?
SS and Veteran benefits are not subject to judgment garnishment for creditor debt. They can be attached if the judgment is awarded in something such as a personal injury suit.
Work comp wants to settle a claim they gave you two options and neither one you are not willing to take What are your options?
Seek legal advice.
