Hi~ Absolutely it can. Your settlement is considered an assett.
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.
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.
Until the amount owed is paid in full or the judgment creditor agrees to a settlement of the debt.
Not unless it is in writing unfortunatly.
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.
Make your payment to the clerk of courts office in the county your judgment was entered in.
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.
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.
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.
Yes, in most cases such such action is possible by a judgment creditor.
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.
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.