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PA. is one of the very few states that does not allow wage garnishment for creditor debt. It does however allow bank account levies, although married couples holding joint accounts may be protected by TBE laws. Homestead exemption for a primary residence is $8,725 if married and only the debt(s) are single TBE laws apply; $2,775 vehicle exemption, $1,750 in trade tools, $9,650 for any other personal property that the debtor chooses to protect. Unsecured creditors do not try to attach or liquidate such things as furnishings, it is too complicated and hardly if ever profitable. If the debt pertains to a married couple and it is not a joint debt, then TBE laws will more than likely apply and there is very little a creditor can do to execute a judgment unless the debtor owns property in their name only. Federal non-bankruptcy exemptions can be used in conjuction with state exemptions when it applies to a lawsuit, these exemptions include all SS benefits, private disability benefits, pension exemptions, and so forth.

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โˆ™ 2005-11-17 03:59:39
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Q: What property is exempt from a judgment creditor in Pennsylvania?
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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.


Can a debtor's wages be garnished for credit card debt in Pennsylvania?

Pennsylvania only allows the garnishment of wages by a creditor when the creditor has no other means of executing the judgment writ (bank account levy, seizure of non exempt personal property or liens against real property). One other exception is if the debtor is emmployed by a company that is not based in the State of Pennsylvania.


What is exempt from a money judgment?

Whatever the state in which the judgment was granted allows. All Social Security benefits and public assistance are exempt from creditor judgments as are the majority of pension both private and military. Generally the personal and property exemptions that are allowed in BK are the same as those used to protect assets and property in the execution of a creditor judgment.


What is the worst thing that can happen in Pennsylvania if you owe credit card debt and don't pay it?

The person can be sued and if the plaintiff wins a judgment they can execute the judgment against any non-exempt property belonging to the debtor. Pennsylvania does not allow wage garnishment for creditor debt issues, but it does allow bank account levies, liens against real property and in some cases the seizure and forced liquidation of non-exempt assets.


Is a lien by a creditor placed on the debtor or the debtor's attorney?

The creditor will execute the judgment against the debtor's non exempt assets or property not the debtor's legal counsel. On the debtor.


What can the credit card companies do if you refuse to pay a debt in Texas?

The creditor can file suit against the debtor and if the creditor is successful and is awarded a judgment the judgment can be executed against all non exempt real and personal property belonging to the judgment debtor.


What property is exempt from a judgment creditor in Texas?

Please visit Law Dog Com. http://www.lawdog.com/states/tx/judm.htm


Is it legal for a credit card company to garnish your wages?

Check out this URL: hklaw.com If a creditor sues the debtor and wins, the creditor/plaintiff will be awarded a writ of judgment. A judgment can be executed against any non-exempt property that belongs to the debtor/defendant. Wage garnishment is usually the first choice, there are four states that do not allow "WG" when it pertains to creditor debt; those states are North and South Carolina, Pennsylvania and Texas. A judgment can also be used to levy bank accounts, place liens on real property, and sometimes as a forced sale of real and/or personal property that is not exempt. Many States have a Head Of Household Statue which in many cases can exempt you from garnishment.


Can a person be put in jail for not paying a judgment?

NO * No, owing a judgment is not a criminal offense. The judgment creditor can execute the judgment against debtor's property to recover monies owed. The preferred method of collecting on a judgment is wage garnishment or bank account levy (including joint accounts). Other options available to the judgment creditor are the seizure and liquidation of non exempt property belonging to the debtor, or liens against real property.


Can a creditor garnish veteran benefits?

Such benefits are exempt from creditor garnishments. However, the funds should never be commingled with non exempt monies to assure their protection from a judgment creditor.


What does a judgment mean on an unsecured credit card?

It means the creditor has won a lawsuit, been awarded a writ of judgment and can execute the judgment against non-exempt assets and property as defined by state law that belongs to the judgment debtor. The preferred method of executing a judgment is by wage garnishment, followed by bank account levy, the seizure and liquidation of non-exempt property and liens against real property. The state exemptions allowed for personal and real property when properly used can give the defendant/debtor considerable protection against the enforcement of a creditor judgment.


What property is exempt from a judgment creditor in Oklahoma?

Please visit the Law Dog Com website. http://www.lawdog.com/states/ok/judm.htm


How do you file a recognition of exemption against a creditor who has taken property that is exempt of a judgment in the state of Florida?

Is there a form for this? Should I write a letter to the judge?


What can happen if you cannot pay a judgment in the state of Virginia?

Judgment creditors prefer to use wage garnishment or bank account levy to execute the judgment writ. If neither of those remedies apply the creditor can seize and liqudate non exempt property belonging to the debtor, or place a lien against real property (jointly owned property can usually be attached by a creditor lien).


What property is exempt from a judgment creditor in West Virginia?

There are several properties that are exempted from a judgment creditor in West Virginia. These are animals, crops, clothing, appliances, books, household goods, furnishings, and musical instruments up to $400 per item, or $8,000 total.


When a creditor has sold your account can they later put a judgment against you for that debt?

A third party collector generally attempts to collect or settle on the debt by using conventional means, such as mail and telephone contact. They can file a lawsuit and if they prevail they will be awarded a writ of judgment which can then be executed against any non-exempt property that is owned by the judgment debtor. Some methods of collecting a judgment are wage garnishment, bank account levy, liquidation of non-exempt assets, liens against real property. The laws of the judgment debtor's state determine how and what property can be protected from creditor attachment.


What happens when you have a judgment entered against you?

The judgment creditor dockets the judgment with the clerk of the court and then proceeds to enforce it in whatever manner is allowed under the laws of the debtor's state. Some methods that can be used by the creditor are, wage garnishment or bank account levy or seizure and sale of non exempt property or a lien against real property or the portion owned by the judgment debtor. It would be prudent for the judgment debtor to become knowledgeable in the personal and real property exemptions allowed for their state, especially important is the homestead exemption which helps protect a primary residence from a forced sale by a judgment creditor.


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 is nonexempt property?

Real or personal property that can be seized by a judgment creditor for repayment of the debt. In most US states garnishment is usually the first choice of executing a judgment, followed by bank levy or the seizure and sale of non exempt property (stocks, bonds, etc.) or a lien against real property.


What is exempt from a judgment?

The terminology that is generally used is "judgment proof" or "execution proof". Basically it means that the debtor has not property which can be seized by creditors for repayment of debt. Or possibly the debtor resides in a state which does not allow such action to be taken; for example wage garnishment for creditor debt is not allowed in Texas, Pennsylvania, North Carolina or South Carolina.


Why should a judgment be paid if it cannot be removed from a credit report before seven years have expired?

Short answer, a valid judgment can be executed against the debtor's non exempt property at any time. A judgment that has been perfected as a lien against real property is more likely to be implemented as a forced sale of the property in question. And a judgment accrues interest until it is paid or satisfied with the judgment creditor.


What happens when a creditor files a judgment against you?

The judgment can be executed according to the laws of the debtor's state. The preferred method is wage garnishment or bank account levy. In most cases it is also possible for a judgment creditor to execute the judgment to seize and sell non exempt property belonging to the debtor(s) or place a lien against real property. In very rare instances the judgment creditor can petition the court for a forced sale of a primary residence. That being the case, a homeowner should be aware of the status of the homestead exemption for their state of residency.


Does a credit card have to be charged off when a judgment is granted?

An account is charged off before a judgment. The judgment creditor can execute the judgment against non-exempt property belonging to the debtor as a means to recover monies owed. The preferred method is wage garnishment followed by bank account levy or a lien against real property. It is also possible for the creditor to seize and sell other personal property belonging to the debtor, but creditors are generally reluctant to take such action.


Can a collection agency garnish your wages over a defaulted private career training loan in Texas?

Texas law only allows wage garnishment by a judgment creditor if there is no other means for the creditor to collect monies owed. The state does allow a judgment creditor to levy bank accounts, seizure and sale of non exempt property or lien against real property owned by the judgment debtor. Texas law does not allow the forced sale of a primary residence to satisfy a judgment for creditor debt. Adding: Texas law doesn't allow wage garnishment except for student loans, taxes, or child support. They can levy your bank account and force the sale of non-exempt property like boats, extra vehicles, second homes, etc.


Can a judgment creditor levy a bank account if there is already a tax lien on the debtor's property?

Yes. The law in all US states does not allow multiple judgment actions by a single creditor but it does allow consecutive acts of judgment by multiple judgment creditors. For example a wage garnishment or bank account levy is possible by one creditor, seizure and sale of non exempt property by a different judgment creditor, and so forth, however, one creditor cannot execute a judgment by using concurrent methods . Liens are the exception, there can be multiple liens against real property at the same time, with the liens being prioritized according to the date they were filed. Joint bank accounts in the majority of US states are subject to levy by a creditor judgment. The exception being a few states that allow a bank account to be held by a married couple as Tenancy By The Entirety where only one spouse is the debtor.