Re: Went to Court: Judgement given...Now what??
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Posted by Why Chat (209.240.205.61) on January 27, 2004 at 19:35:54:
In Reply to: Went to Court: Judgement given...Now what?? posted by Tia on January 27, 2004 at 19:24:59:
You did the right thing. The judgment will be on your credit reports for 7 years from the filing date. IF you go back to work,and IF you are in a State which allows wage garnishment, you would still be entitled to an exemption of 75% of your net take home pay, or about $280. per week, whichever is more. I don't think you have to worry about it, in fact, if you have other debts that you can't pay, it may be a blessing in disguise,as no one else will be dumb enough to fie suit.
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