Sentences with phrase «creditors use judgments»

Creditors use judgments (a court's determination that you owe a debt) to enforce past - due debts, but if you don't own much, a judgment won't help a creditor, since they can only come after non-exempt assets.

Creditors use judgments to step up their efforts in collecting a debt.

Not exact matches

The judgment allows your creditors to use special collection tools to try to collect.

The creditor may use the judgment to garnish your wages or place a lien on your property, including bank accounts.

Credit bureaus compile your credit history from creditors, collection agencies, public records (judgments and liens) and other sources, and use their own formulas to create a credit score.

The tools that creditors may use to enforce judgments vary from state to state, and California allows one of the worst ones, at least from a debtor's point of view: wage garnishment.

The judgment allows your creditors to use special collection tools to try to collect.

The judgment gives the creditor the right to force you to pay using a variety of methods.

If the debtor does not pay the amount of a Small Claims Court judgment and does not work out a payment plan, a creditor must wait 30 days from the date of the judgment before using other legal means to collect.

If the debtor does not file an appeal, the creditor can then use legal means to collect the amount of the judgment.

Mr. Martin uses his extensive knowledge and experience of Massachusetts» pre-judgment remedies to obtain judgments, executions on judgments, and payment on judgments for creditors with claims against persons and entities who fail to pay their debts.

Estate assets, plus any additional funds collected into the estate during the course of the administration (for example, judgments debts collected after the deceased died), must be used to pay the estate creditors before there can be any distribution to the estate beneficiaries.

To the relief of judgment creditors across the country, the Supreme Court ruled that courts can use their inherent jurisdiction to make orders permitting the disclosure of personal information, including personal information contained in mortgage discharge statements, and that such disclosures are permitted based on the implied consent of the mortgagor.

Those serving demands without the benefit of a judgment should also bear in mind that the courts have taken a dim view of creditors who use the process merely as a threat to the debtor with no intention of following the matter through to the bankruptcy stage.

Since some state laws protect cash value and death benefits of insurance policies from claims by creditors, permanent policy holders can use the benefits from a permanent policy without risk of a judgment or a lien against the policy.

100 % of the Continued Use and Occupancy of your home 100 % of the income tax write off for interest and property tax 100 % financing at the «real» value of the property 100 % elimination of the over-encumbrance amount 100 % removal of all payment arrearages 100 % elimination of late charges and penalties 100 % removal of negative credit entries related to the former mortgage 100 % of all income derived from renting or leasing the property out during the term 100 % of all future appreciation 100 % of all equity build - up from principal reduction 100 % protection of the property from creditor claims and judgments 100 % protection of the property from IRS liens 100 % comfort in the knowledge that the homeowners payment is based on only a 50 % loan, even though his financing is 100 % 100 % no prepayment penalties