answersLogoWhite

0


Best Answer
Question ContinuedMy husband got served with papers the other day to appear about a debt he owes with a credit card company. We are willing to pay the debt, but we don't have the money up front...I called the collection agency that is suing us, and they told us the only thing that can do is settle for $3400, and we would have pay at least $300 by Friday, and the rest by the end of March, and we wouldn't have to go to our March 23rd court date. There is no way I can pay the $3400 by the end of March, so when we go to court we are going to have to pay the whole$5600. The lawyer suing us said that if we don't pay this the judge is going to rule in his favor and grant us a judgment for everything plus court costs...and we would have to pay that w/in 30 days or else they are going to be able to come in our home and take our stuff to equal the value of the debt. If I had $5600, I wouldn't be in this position in the first place. With a judgment, are they going to make us pay the whole amount w/in 30 days, or do you think the judge would put us on a payment plan...we are willing to do $100-$200 a month, we are in Pennsylvania....anyone help....we are worried sick. AnswerI am truly sorry be the bearer of more bad news, but Pennsylvania is absolutely the worse state in which to be sued by creditors. A judgment is awarded to the winning plaintiff in a lawsuit, the judgment creditor can then execute the writ against any nonexempt property owned by the debtor defendant. PA. has almost no exemption laws that can be used to protect a debtor's property other than Tenancy-By-The-Entirety which can protect a homestead if only one spouse is the debtor.

Contrary to what some believe judges are sympathetic to those persons who have made a "good faith" effort to pay their debts. However, a judge cannot always circumvent the law especially if the debt is large and there is no acceptable reason for the borrower to have defaulted on the agreement.

The issue is a bit to complicated to discuss in this context, if you feel I can be of further help, please e-mail me at.. macky83@juno.com

User Avatar

Wiki User

โˆ™ 2011-09-13 11:06:28
This answer is:
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
User Avatar

Add your answer:

Earn +20 pts
Q: What exactly is a judgment and what do you need to know about being sued?
Write your answer...
Submit
Related questions

What is the URL for before you forget?

To know what the URL is a person will need to know what the URL is for. Including information on what exactly is being referred to would be helpful.


Why do geographers need to know exactly were places are located?

I think its because they need to know exactly where everything is so they can make a map and show routes and where certain animals are located.


What do I have to know about post weigh loss surgery?

You would need to know the guidelines of this surgery. You would need to know what this diet recommends that you eat. You would also need to know exactly what you need to do.


What is the similarity between larva and pupa?

I don't exactly know this answer but i need it! :)


Speech for 18 treasures?

A person will need to know exactly what the speech needs to be about to know what to include in the speech. Without knowing exactly what about 18 treasures the speech needs to be about a person will not know what to include in it.


Can you garnish your daughter's wages on a cosigned loan?

You would need to sue her in court and obtain a judgment lien. You could use that judgment lien to garnish her wages.You would need to sue her in court and obtain a judgment lien. You could use that judgment lien to garnish her wages.You would need to sue her in court and obtain a judgment lien. You could use that judgment lien to garnish her wages.You would need to sue her in court and obtain a judgment lien. You could use that judgment lien to garnish her wages.


How do you place a lien on someone's property who owes you money for storage?

You need to sue them in civil court and win a judgment lien.You need to sue them in civil court and win a judgment lien.You need to sue them in civil court and win a judgment lien.You need to sue them in civil court and win a judgment lien.


How do you change the drier in a ford explorer 4.0?

this vehicle and i need to know exactly what to do


Why is it necessary to work with a standard unit of measurement between other countries?

If you want to trade with them, both need to know exactly how much of the stuff is being traded, or to compare prices.


What will happen on judgment day when Jesus comes again?

Read the book of revelations it tells you everything you need to know.


Can you file a lien against a business that owes you money from a personal loan?

You would need to sue it and obtain a judgment lien from the court.You would need to sue it and obtain a judgment lien from the court.You would need to sue it and obtain a judgment lien from the court.You would need to sue it and obtain a judgment lien from the court.


What is the government of songhai?

Can you define this a little more, I can help you but I need to know what exactly you would like to know. Thanks!


What do you do about bad on Poptropica?

you have to get rid of them, i assume you already know that but, since i don't know exactly what you need, this is all I can tell you


I really want to know what skills I need to become a successful taxi cab driver?

you need to know exactly what street is where in the area you are patrollingyou also need to know how to drivethe rest is just technologyoh, and you need a taxi


What is everything you need to know about being a pediatrician?

i would like to know what are the best schools for being a pediatrician.


What do you do when your obssesed with a girl?

it's never good to be obssesed with a girl, because that's a big turn-off, you need to get to know her but, try your best to stay away from being obsessed exactly


Do the witnesses need to know what they are signing?

Yes, they need to know what is being signed. There is no requirement that they read the document. All they need to know is that the testator says it is their will.


What is being done to save the axolotl?

i dont know but i need to know!


How do you place a lien on a business that owes you money?

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.


What two ways in which the Native Americans and the colonist cooperated?

i dont that exactly what i need to know


What is New Mexico's place?

Place in WHAT, exactly? We'd need to know this in order to answer the question.


Is a model required to study predicting the weather?

You need computer models to predict the weather. You don't need to be running them yourself, or know exactly how they are coded, but you need to know how to use them as guidance.


I Need a name for a new hospitality company?

What exactly are you being hospitable about and do I get a cut? * At your service * You Rang


Why do you need to know language arts for fashion?

You need to know language arts because you need to know how to speak, in order to sell your own line of fashion in the fashion industry and/or explain what exactly you have made or are using in fashion


Do i need a lawyer to file a Judgment debtor's claim for exemption in Missouri?

You do not need a lawyer for file a judgment debtors claim for exemption in Missouri. You do need to have it notarized.