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What happens when a judgment is fileled against you can thy take any of your property?
Wiki User
∙ 12y ago
i live in Louisiana a hospital is try to sue me for a dept if they gain a judgment against me can they take any of my property
If a judgment is assessed against you, they can take your property. Depending on the type of suit and who the judgment creditor is, collections on judgment can be in the form of garnishments ( served upon your employer to hold your wages or even your bank accounts), to the judgment being recorded in the county you reside which will result in your not being able to buy or sell a home (or buy one for that matter) until the judgment is paid in full. Should you die before the money is collected, "they" can also collect the proceeds from your estate before any money is disbursed to your family. Best advice - contact an attorney in your area (check the yellow pages for a general practioner or litigation attorney) hopefully they will be able to negotiate a settlement (reduced amount) and have the judgment set aside - or even file a motion to stay collection proceedings while they work on an appeal for you. Good luck!
Wiki User
∙ 12y ago
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What happens if i don't pay?
If you have had a judgment entered against you and have not paid, the prevailing party can request that the court garnish wages or property in order to pay the judgment entered against you. -J
What happens when a judgment is executed?
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.
If a credit card company obtains a judgment against you what happens?
The judgment creditor can execute the writ according to the laws of the state in which the judgment debtor resides. The preferred method is wage garnishment or bank account levy. Other options for the judgment creditor is the seizure and sale of unexempt real and personal property belonging to the debtor or liens against real property belonging to the debtor.
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 if you had a judgment against you in Ohio?
You pay it.
What happens if husband dies and house was under his name yet wife has a longstanding judgment against her. Does plaintiff with judgment against the wife get the property or does the wife get it?
If the wife has no interest in the property, meaning that her name was never on title, then she doesn't own it. If she doesn't own it...they cannot take the property away from her. I would reccomend a title search to make sure that she was never on any deeds. Good luck.
What happens after a judgment is entered against you in small claims regarding a rental property?
The prevailing party (judgment creditor) may collect on the judgment. You may be summoned to court to tell about your assets, garnishment may be started, or other lawful means of collection may be used, at the judgment creditor's discretion.
What happens if there is a default final judgment against you in Florida?
Jail
What happens if you cannot pay your unsecured credit cards?
Unsecured creditors ususually sell accounts to a third party. If the ususual means of collection does not get results (phone calls, letters for payment). a lawsuit may be filed. A judgment can result in wage garnishment, bank account levy, lien against property, liquidation of unexempt property. In some instances a lien against a home can be used to implement a "forced sale" of the property, (this seldom happens). EVERY judgment can be appealed.
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.
What happens if you don't have a final judgment or divorce decree but a judgment for status only leaving property issues to be resolved but no final judgment or divorce decree is filed?
If there was no final judgment there was no divorce.
If you have a judgment against you in Pennsylvania can you lose your house?
The forced sale of a primary residence is possible by a judgment creditor. However, this seldom happens as the procedure is lengthy and costly, generally the judgment creditor will place a lien on the property thereby encumbering it so that it cannot be refinanced, have the title transferred or sold until the lien is satisfied. Whether or not a valid lien is possible and/or a forced sale of the property is viable depends largely on how the property is titled.
