"What Happens If I Can T Pay A Judgement"
If you're unable to pay a judgement that has been made against you, it can have serious consequences. Failing to pay a judgement can impact your ability to open or maintain bank accounts, your credit score, and potentially even lead to wage garnishment. In addition, unpaid judgements may linger on your credit report for up to seven years.
Depending on the type of judgement and the state in which it was issued, there are several potential outcomes if you cannot pay a judgement against you. You may be able to file for bankruptcy protection or enter into an agreement with the creditor that allows you to settle the debt over time. Alternatively, if all else fails, the court may order additional measures such as wage garnishment or property seizure in order to recoup their losses.
The Law Offices of Omar Zambrano has helped thousands of people and them businesses in the past to get out of debt and start over.
Our goal is to help you find a fresh start FAST!
Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706