What Is a Debt Judgement?
When you fail to pay your credit cards and other debts, they go into collections, at which point creditors will likely begin calling your house and workplace demanding payment. Sometimes, they just give up, but other times, they may take you to court. If...
Such a person may be examined as to their assets, and if the judgment debt is of
the necessary amount he may be made bankrupt if he fails to comply with a ...
May 6, 2014 ... Having a judgment for debt filed against you is frightening, but not the final word.
Consumers have choices when dealing with a court judgment.
How to Handle a Post-Judgment Debt. If a creditor has taken you to court for an
unsecured debt and won the case, you now have a judgment filed against you ...
If you are in default on a credit card account, the credit card company can try to
get a credit card debt judgment against you by filing a lawsuit. If the credit card ...
Jan 25, 2012 ... Typically, when you are talking about a judgment related to a debt, you are
describing a “money judgment” that states how much money you ...
Your debt is then referred to as a 'judgment debt' because the court has 'judged'
that you owe it. A judgment debt may be enforced at any time, though after 15 ...
If you cannot pay the debt, tell the creditor. Keep reminding the creditor during
your case. If you are execution proof tell the creditor. Even if you do not have the
Can someone go to court and get a garnishment or judgment against me without
my ... Does a statute of limitations apply to my husband's car loan debt? 7.
www.actlaf.org.au/storage/5. Judgement Debt.pdf
1. Judgement Debt. An enforceable legal obligation to pay a debt as ordered by a
court or tribunal. A Guide to Dealing with Judgement Debt. This factsheet ...