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It will be difficult to prevent the creditor from obtaining a judgment when the debtor has no monies. The debtor may have to borrow money from friends or relatives to prevent pending legal litigation. The creditor generally prays for judgment after negotiations for repayment of debt have broken down and cannot be agreed upon.
What else can I help you with?
Can some with no money be sued?
yes, all you can do is get a judgment against them should you prevail, you may never see a penny, but the judgment will damage their credit and reputation
What if it is a credit card debt of your ex can they take out of your account?
If it is a joint account yes, unless you can prove that the money is judgment proof
How can you get credit card with money already on them?
Go to creditcard.com and go to credit for free. Beleive me this is going to be right! I did it!
Can credit card judgment take money from your bank account?
Most states allow a judgment creditor to conduct a bank account levy to help collect a judgment. The exact procedures vary by state and they have to be able to find your account somehow.
Can a credit card company seize money from a federal student loan?
Generally, credit card companies cannot "seize" money in any form. However, they could get a court ordered judgment against you, and if the company has a lien on your bank accounts, they will be able to take any money that is deposited there, regardless of the source. However, if you've defaulted on credit cards to the point where you've been sued, and they've gotten judgments, you aren't going to qualify for a student loan anyway, so this is moot.
If someone owes you money can you put a notice on their credit report of upcoming lawsuit even before judgment occurs?
If someone owes you money, you can not put a notice on their credit report of an upcoming lawsuit. A judgment must be entered in court, before it can be reported to a credit report.
How do you place a collection amount against someone's credit that owes money from an eviction?
It has been my experience that judgments from an eviction lawsuit automatically go on a person's credit rating. If you get a money judgment, you should be able to get a judgment lien form from the court clerk and record it at the county recorder's office. Sometimes this is called an abstract of judgment. This should be picked up by the credit bureau's and go on the credit rating.
How to get out of a judgment?
Judgments are essentially lawsuits filed by a creditor that you owe money to. You generally can't get out of a judgment unless you go to court to fight it. You generally will have to pay a judgment willfully or by force to satisfy it. It will also show up on your credit report unless you dispute it to the credit bureaus. The credit bureaus have 30 days to verify it or it will be removed from your credit report.
Can some with no money be sued?
yes, all you can do is get a judgment against them should you prevail, you may never see a penny, but the judgment will damage their credit and reputation
How do you remove an ex-spouse's judgment from your credit?
If your name is on the judgment, you cannot remove it and it will be on your credit report as unpaid until it is satisfied (aka paid). If you have a statement regarding the judgment in your divorce, you may have some success in contacting the credit reporting companies and sending them the information they require. Mind you, it may take some time and you'll probably have to follow up several times to be certain that they have taken care of the issue. If it is a real problem in what you would like to do, such as borrowing money, and nothing else will work, consider paying it off yourself by going to the court that issued the judgment and obtaining the necessary documents. If you get lucky, the judgment will have already been paid and just not reported to the credit reporting companies.
What if it is a credit card debt of your ex can they take out of your account?
If it is a joint account yes, unless you can prove that the money is judgment proof
What happens if you get a CCJ?
If you receive a County Court Judgment (CCJ), it means a court has ruled that you owe money that you haven't paid. This can negatively impact your credit score and make it harder to get credit in the future. It's important to address the CCJ by either paying the debt or coming to a repayment agreement to avoid further consequences.
How is a judgment placed on a persons credit and who puts it there?
Anyone can file suit against you, and if they win the case, get a judgment awarded in their favor. The credit bureaus monitor public records looking for legal items of a financial nature that can be reported on consumer's credit. Most often, this is done by outside vendors, who collect this information and transfer, or sell it to the bureaus.
How can you get credit card with money already on them?
Go to creditcard.com and go to credit for free. Beleive me this is going to be right! I did it!
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.
Is receiving cash as a commission for acting as rental agenting an apartment credit or debit?
A credit, if you were taking money out of an account to pay a commission that would be a debit. So we have learned a credit is-money coming in and a debit is-money going out
If it has been 8 years since your car was repoed and they are still threatening you for money when will they go away?
7 yrs AFTER the date of the judgment, fed law requires the judgment to be removed from your credit file.
