A judgment against you is an order from the Court to pay a debt.
A judgment comes about if you owe a debt to a creditor and they file a lawsuit against you to recover the funds. If you fail to defend yourself, or have no defense, the creditor will most likely receive a judgment against you.
There is no reason to fail to defend yourself as this firm provides initial consultations and we will give you a complimentary Pro Se Answer in addition to legal advise regarding your situation. We do not just hand you a form, we actually help you draft your own professional Answer to file in your case.
However, if a judgment is already filed against you, this pleading will be of little use to you.
Garnishment
Once they have a judgment against you, there are a myriad of ways they can complicate things in your life. The most common way that a creditor will use the judgment to satisfy the debt is to garnish your wages.
Property Seizure
One of the scariest powers that a creditor has once they receive a judgment against you is the ability to force sale on your property. Typically this will be titled property, such as your car or home. This process can be quick and it is extremely important for you to obtain legal advice immediately.
Frozen Bank Accounts
However, the most common property seizure is that of your bank accounts. This is also very frightening.
Considering you could literally have only enough money in your account to cover your regular monthly bills such as rent, utilities and food and the creditor can take every penny, not to exceed the amount you owe.
It can get even more complicated than that once the bank adds a fee for administering the garnishment and overdraft charges.
Click here to learn about what funds in your bank account can actually be protected and how to get them back. Just give us a call or fill out the contact form on this website if you have further questions and would like to schedule a initial consulation.
