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In the majority of US states a judgment holder can execute a judgment in several ways. The preferred method is wage garnishment, other options for the judgment creditor would be; bank account levy or seizure and sale of unexempt personal property or a lien against real property owned by the judgment debtor.
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How do you avoid a judgment?
If the judgment is valid it can be executed by the judgment holder in the manner prescribed by the laws of the state in which the judgment debtor resides. The only action available to avoid a lawsuit judgment is to reach an agreement with the creditor for repayment of the debt.
What happens when a collection becomes a judgment?
States establish the type and amount of real and personal property belonging to the debtor that can be attached by creditor judgment. In most states a judgment can be executed as a wage garnishment or bank account levy or lien against real property or seizure and liquidation of non exempt property belonging to the debtor.
What happens when the statute of limitations on a debt expires while the creditor is in the process of obtaining a judgment?
If the lawsuit was filed before the expiration of the state's SOL then the suit is valid and a judgment award would be valid and could be executed against the debtor according to the laws of the debtor's state.
Can your wages be garnished for the repossession of a vehicle in Louisiana?
If the lender decides to sue the borrower and wins a judgment, the judgment can be executed as a wage garnishment
Can a personal loan company garnish your paycheck for nonpayment?
Yes, if they file suit and are awarded a judgment the judgment can be executed as a wage garnishment.
Can 3rd party credit card collector garnish wages?
If the collector sues the debtor and is awarded a judgment the judgment can be executed as a wage garnishment.
What happens after a judgment is filed?
A judgment can be executed in several ways, the preferred method for a judgment creditor to recover monies is through wage garnisment. Bank account levy, liens against real property owned by the judgment debtor. In some U.S. states the seizure and sale of unexempt personal property held by the debtor (CD's, jewelry, electronics, items of value) is also allowed, but the action is rarely implemented by the judgment holder.
Can your wages be garnished for medical?
Yes, if the creditor sues the debtor and receives a judgment award the judgment can in the majority of US states be executed as a wage garnishment.
Can a payday loan company garnish wages in Virginia?
If the creditor sues the debtor in civil court and is awarded a judgment the judgment can be executed as a wage garnishment.
How can a judgment for credit card debt be executed in Pennsylvania?
A creditor judgment can be executed as a wage garnishment or bank account levy or seizure and sale of non exempt personal property or a lien of a possible forced sale of real property held by the debtor.
What can a creditor do with a final judgment in Florida?
The judgment can be executed as a bank account levy or wage garnisment or liens against real property solely owned by the judgment debtor or to seize and liquidate any unexempt property that is owned by the judgment debtor.
Can your wages be garnished for medical debt?
Yes, if the creditor sues the debtor and receives a judgment award the judgment can in the majority of US states be executed as a wage garnishment.
