Re: What happens after a judgement, why chat, ladynred,lawguy?????

Posted by Why Chat (209.240.198.61) on March 13, 2003 at 19:51:37:

In Reply to: What happens after a judgement, why chat, ladynred,lawguy????? posted by Victory on March 13, 2003 at 19:31:18:

There is a SOL for judgments and a legal interest rate for each State.You can find yours by gong to my website and clicking on State SOLS.

If someone gets a judgment, they can then get aa lien against your property, a writ of garnishment or whatever other legal enforcement is allowed. If you get a judgment, you need to enter with the court a notice of exemptions(if you have some).

If you declare BK, the judgment is then released, (your BK lawyer has to file a motion)It will still show on your credit reports as released or discharged in BK along with you other accounts.

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