Serious Court Judgments: It Can Be Much Worse Than You Imagined
by
Gregory Mark Fitzgerald on Sep. 12, 2018
Bankruptcy & Debt Credit & Debt Bankruptcy & Debt Collection Bankruptcy & Debt Bankruptcy
Summary: A default judgment is a problem for most due to the potential for wage garnishments of up to 25 percent of disposable income, levying of bank accounts, and seizure of property.
"Serious court judgments usually occur after a long journey on a long road of debt; in fact, you may have been in fantastic financial shape at one point... only to become the victim of overwhelming medical bills that were impossible to pay off. Or, unemployment may have hit you hard, making it impossible to make even minimum monthly payments. Other factors like divorce may have played a part in creating challenging money problems also."
Read the entire article on the official Fitzgerald & Campbell, APLC blog.
