Creditors May Decide to Renew Default Judgments
by
Gregory Mark Fitzgerald on Sep. 24, 2018
Bankruptcy & Debt Credit & Debt Bankruptcy & Debt Collection Bankruptcy & Debt Bankruptcy
Summary: You may not have a job, assets, or even a checking account now. With a judgment lasting ten years, however, consider how much could change before procrastinating in dealing with a collections lawsuit or completely failing to reply.
"Once a judgment has been granted against you, the creditor is able to garnish your wages each pay period until the debt is satisfied. They may also levy checking accounts or seize property and sell it at auction."
Read the entire article on the official Fitzgerald & Campbell, APLC blog.