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You can contact a 3rd party company. They will then either purchase the judgment from you, paying you a percentage of the amount owed on the judgment and they then become the owner of the judgment. OR you can contact a collection agency and they will attempt to collect on the judgment and will take a percentage of what they collect, IF they collect anything. Most collection agencies seem to take months upon months before they collect anything and sometimes even tell you "Sorry, we couldn't collect for you." A good way to get an idea of the process is to go to Google, type "judgment buyer" in the search field. You will get alot of companies. Read through the websites carefully and find out their procedures. I just used floridajudgmentbuyer.com and had no problem at all. But, that's just my experience. Good Luck!
What else can I help you with?
A judgment is coming against you in the near future. You now purchase land with owner financing. Could this down-the-road judgment force the land to sell considering the funds you used to purchase?
That depends on the laws in your state. Generally, if the debt is large enough to justify the cost of a siezure and sale and if there is enough equity in the land the judgment creditor could sieze the land and keep it or sell it. However, if there is a recorded mortgage prior to the judgment the land will be subject to that mortgage. On the other hand the judgment creditor could simply record the judgment lien in the land records and keep it updated. Under those circumstances you couldn't refinance or sell the property without paying the lien.
Can a judgment affect sale of house?
Yes, a judgment can affect the sale of a house. If a property owner has a judgment against them, it may result in a lien being placed on the property, making it difficult to sell until the judgment is resolved. Potential buyers may be deterred by the encumbrance or may require the seller to clear the judgment before completing the sale. Additionally, unresolved judgments can impact the seller's creditworthiness and ability to obtain financing for the sale.
What is business judgment in relation to banking?
It means that you can take the decisions or have the ability to sell the financial products according to the set patterns and regulations of your bank in which you are working.
Can you be forced to sell your home to cover judgment amount?
Yes, you can be forced to sell your home to cover a judgment amount if a creditor obtains a lien against your property through a court judgment. This typically happens when you fail to pay a debt, and the creditor seeks legal remedies to recover the owed amount. However, certain protections, like homestead exemptions, may limit this outcome depending on state laws. It's advisable to consult with a legal professional to understand your specific situation and rights.
If i don't pay credit card debt can they take my car that is paid off?
If Your creditor get a judgment against you they can sell what property you have to pay the debt. So the answer is Yes.
Can you sell a car that is on judgment?
yes
What is required to sell a small claims judgment?
If you have a valid small claims judgment that is wholly or partially unsatisfied, you may assign the judgment to a third party by filing an Assignment of Judgment form with the clerk of the court. Contact the court for a copy of this form.
What does it mean when told need to sign consent to judgment for when or if sell house?
nothing!idiot
If a credit card company gets a judgment against you can they take your drivers license?
No. The judgment creditor might take your car and sell it to pay part of the judgment, but your license has no intrinsic value for sale. In addition, the judgment creditor is not permitted to seize your license or ask the state to seize it until you pay the judgment.
What is the results of having a judgment lien put against your home in Louisiana?
When you sell or refinance they get paid
A judgment is coming against you in the near future. You now purchase land with owner financing. Could this down-the-road judgment force the land to sell considering the funds you used to purchase?
That depends on the laws in your state. Generally, if the debt is large enough to justify the cost of a siezure and sale and if there is enough equity in the land the judgment creditor could sieze the land and keep it or sell it. However, if there is a recorded mortgage prior to the judgment the land will be subject to that mortgage. On the other hand the judgment creditor could simply record the judgment lien in the land records and keep it updated. Under those circumstances you couldn't refinance or sell the property without paying the lien.
If you are given a judgment by the court and the defendant disappears what can you do?
Have the judgment recorded with the recorder's office in whatever state and county you are in. It won't help you collect on the judgment, but if that person tries to sell or buy property there will be a lien that will have to be cleared up prior to doing either.
Is judgment day really going to happen on May 21st?
I wouldn't sell the farm just yet if I were you.
Can a judgment creditor take my fully financed car?
Not if it is 100% financed or on a lease. A judgment creditor can force you to sell it for its market value, pay the lender what is due on the loan and take the rest.
If you need to sell your joint-owned house in Florida but you have a judgment against you not a lien will you have to pay the judgment first?
If the judgment was not perfected as a lien against the property (which is almost impossible in Florida), the property is not encumbered and the title should be clear, thereby not causing a problem with the sale. The judgment holder will probably be able to execute the judgment as a bank account levy and/or seize funds garnered from the sale of the homestead.
How do you show an interviewer you have good judgment?
In an interview, the main goal in answering each question is to sell you as the right candidate for the job. Think about past job situations when good judgment aided your then employer in sells.
Can you take ownership of property by filing a lien?
No. A lien doesn't give you ownership. First, you must sue in court and win to obtain a judgment lien. A homeowner cannot sell or mortgage their property until a judgment lien is paid. You may be able to foreclose on the judgment lien in your state. If the lien isn't paid you can consult with an attorney in your state regarding how to foreclose on a judgment lien. Legal costs may be expensive.
