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Hi~ Absolutely it can. Your settlement is considered an assett.

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16y ago

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Can you pay a civil judgment in payments?

Usually you can work out a payment plan with a judgment creditor. If you do not have the money now, a payment plan (and settlement agreement) is a cheaper and better alternative to the other collection techniques in the Creditor's arsenal.


Can a VA benefit be used or attached to settle a lawsuit?

SS and Veteran benefits are not subject to judgment garnishment for creditor debt. They can be attached if the judgment is awarded in something such as a personal injury suit.


How long is a levy valid?

Until the amount owed is paid in full or the judgment creditor agrees to a settlement of the debt.


When judgment entered against debtor is creditor held to any oral settlement agreement to pay off debt made between debtor and creditor?

Not unless it is in writing unfortunatly.


Can credit card debt put a lien on your taxes?

Yes, if the creditor obtains a judgment lien in court.Yes, if the creditor obtains a judgment lien in court.Yes, if the creditor obtains a judgment lien in court.Yes, if the creditor obtains a judgment lien in court.


What if the creditor that enters the judgment sells the account to a new company and the old creditor didn't assign the judgment to the new creditor How do you pay off your judgment?

Make your payment to the clerk of courts office in the county your judgment was entered in.


Can a creditor garnish unemployment benefits in South Carolina?

No, a creditor cannot garnish unemployment benefits. Under Federal law, unless it's a judgment for spousal or child support, neither unemployment nor worker's compensation can be garnished.


How can you satisfy a credit card judgment?

Your options are somewhat limited. The judgment is a legal determination that you owe the money. You can (1) simply contact the judgment creditor and/or their attorney and tender payment of the judgment; (2) negotiate a payment plan or reduced settlement; or (3) file for bankruptcy.


If you have a judgment against you and cannot pay it all can you settle for less than what is owed?

The party involved can try to negotiate a settlement, but it's unlikely if a judgment has been awarded. Once a judgment is in place the creditor has several options for executing it for payment of funds owed. If the debtor is gainfully employed the creditor will probably enforce the judgment as a wage garnishment and collect the entire balance of the debt.


Can a creditor with a judgment levy a Montana bank account?

Yes, in most cases such such action is possible by a judgment creditor.


How do you get around a judgement legally?

To legally get around a judgment, you can try to negotiate a settlement with the creditor, file for bankruptcy, or appeal the judgment in court. It is important to seek legal advice to understand your options and the potential consequences of each.


Can a settlement be made with a creditor even if a judgment has been made?

Maybe, you would have to negotiate with them and see if they are willing to accept a different offer; if they are not interested then the decision stands.