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What protection do you have after a judgment is placed against you in the state of Illinois?
Wiki User
∙ 8y ago
A petition with exemptions that were applicable to the defendant should have been presented to the court. All states have a set of exemptions that protect specific property from creditor attachment. W/O knowing the state of residency I cannot give a more specific answer. Sorry!
My state is Illinois... I have been served and a court date is set for Judgement day. What protection can I get or do I have being a home owner?
Wiki User
∙ 8y ago
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Can a judgment be placed against you personally when when operating a business through a corportation?
Yes
What protection do your business partners have if you have a judgment placed against you?
Obviously it is not related to the business and therefore as a personal affair, it would have no effect upon a jointly owned business. Creditors generally cannot take action against jointly owned business when there is a sole debtor.
Can personal property be levied when a judgment is placed against you for credit card deliquency?
Answer: If your credit card company obtains a judgment against you they may take any property of value that they can find.
Can a collector put a lien on your house in California?
Yes, but only after they sue you and win a judgment against you.
What is proof can i use for a title company that a judgment has been paid?
A letter from the collection company or creditor who reported it or a lien release form if the judgment was placed in lien against property.
Once a credit card judgment has been placed in your name can you ignore it or do you have to pay it off?
If a judgment has been placed against you you will have to pay it off. You should probably contact the credit card company and see if you can work out a reduced payment or if they will forgive a certain amount of it.
Can a credit card company put a lien against you?
A lien cannot be placed against an individual in reality. However, a judgment creditor such as a credit card company can place a lien against real property owned by a judgment debtor. The judgment creditor can take other steps as well to collect the debt, an example would be income garnishment.
How long can a judgment of freezing an account in NY last?
The Lien against the bank account will expire 1 year after it is placed. A NY judgment is Valid and enforceable for 20 years from the date of entrt.
Can a lien be placed on your property in one state if you move to another?
Yes. The judgment creditor can also file an Abstract of Judgment against property owned by the debtor in another state if the action is warranted.
Can you renew your state insurance license if you have a personal judgment?
Yes, of course you can renew your license. You may however have difficulty obtaining an appointment from an insurer though depending on the nature of the judgment placed against you.
When a judgment is executed is it an 'automatic' lien on the debtor's property?
A judgment in most cases (except for small claims) can be executed as a lien against real property. It is not "automatic" the judgment creditor must file the judgment as a lien against property solely owned by the debtor or if the portion that is owned by the debtor when the property is jointly held. Judgment creditor liens cannot be placed against marital property held as Tenancy By The Entirety where only one spouse is the debtor.
If lien is associated with a judgment against the defendant can it be placed on undeveloped land in another country other than where the defendant resides?
It cannot be re-placed on property that is outside the jusrisdiction of the presiding court.
