Sign in to follow this  
Natalie07

Post-Judgment Remedies?

Recommended Posts

Hello all, 

So over a year ago I entered into a payment plan after I was summoned. I missed my payment this month, and the firm who was assigned by the creditor, emailed me today saying I have 7 days to make my payment or they'll "proceed with all post-judgment remedies." So my question is... I am going to make my payment obviously. But my question is... I don't work at the moment, nor do I have any bank accounts for them to come after. What could they even take at that point? Also I should note that they currently are still processing the state tax garnishment so I don't think they can even double down and garnish something else..even if I had something for them to take. I only owe $330 too and I do own my truck... but it's over 10yrs old and values at probably $18k or so.. and I know they can't take that over $330 lol. Pretty ridiculous to even hound someone over that small amount. So I'm just curious what they could even get.. This is in Michigan by the way. Thank you, any help and info would be greatly appreciated :)

Share this post


Link to post
Share on other sites

They could put a lien on your truck title so that you can't sell it until the lien is satisfied. Do you own a house? They could do the same on your house also. 

Share this post


Link to post
Share on other sites

In addition, these judgments last a very long time.  

At some point they may be able to garnish your wages.  It may be many years from now.  At that point they can collect the $330, plus interest, from your paycheck. 

Last but not least, having unsatisfied judgments and liens can destroy your credit rating.  

Share this post


Link to post
Share on other sites
25 minutes ago, Harry Seaward said:

They could put a lien on your truck title so that you can't sell it until the lien is satisfied. Do you own a house? They could do the same on your house also. 

I won't ever sell my truck anyways, it's my baby lol. But geeze over $330, that's pathetic.. I don't own a home, I rent. They still haven't received my taxes yet, but I know they're getting them. 

Share this post


Link to post
Share on other sites
18 minutes ago, BackFromTheDebt said:

In addition, these judgments last a very long time.  

At some point they may be able to garnish your wages.  It may be many years from now.  At that point they can collect the $330, plus interest, from your paycheck. 

Last but not least, having unsatisfied judgments and liens can destroy your credit rating.  

I'm only more concered over my truck like what they could do now. Because I'm not losing it over $330 lol I don't even think that's legal. I'll be making my payment anyways I was just curious.. If they wanted to wait til I got a job to take their measly $330 I'd be okay with that. 

Share this post


Link to post
Share on other sites

There are some rules about what they can take, and how. They have to leave you with transportation, but if you have a lot of equity in your vehicle, the court may be able to force you to sell it, depending on your local statutes.

Share this post


Link to post
Share on other sites
2 minutes ago, Harry Seaward said:

There are some rules about what they can take, and how. They have to leave you with transportation, but if you have a lot of equity in your vehicle, the court may be able to force you to sell it, depending on your local statutes.

Yeah its my husband's and I's only vehicle so they couldn't take it. He uses it for work so if they still want to get paid.. Lol. I tried to find Michigan laws, but no luck. Wouldn't they have to tell me before they did that though? Or if they did attempt it I could pay off the debt before it came to that right? 

Share this post


Link to post
Share on other sites

It depends. You most likely entered into a consent judgment, and usually under those agreements they don't have to do anything but file some paperwork with the court. You may not get any notice other than the sherriff knocking in your door to seize your property. 

The reality is it's highly unlikely they would do anything more than garnish your wages or levy your bank accounts (yes, they could do that) for a debt of this amount. But that wasn't your question. 

Share this post


Link to post
Share on other sites
16 minutes ago, Harry Seaward said:

It depends. You most likely entered into a consent judgment, and usually under those agreements they don't have to do anything but file some paperwork with the court. You may not get any notice other than the sherriff knocking in your door to seize your property. 

The reality is it's highly unlikely they would do anything more than garnish your wages or levy your bank accounts (yes, they could do that) for a debt of this amount. But that wasn't your question. 

Thank you for the info! I figured it was unlikely. Since they are currently still processing my taxes they can't even do a second garnishment until this one is complete right? 

 

I don't even have a bank account or a job to be garnished so that's why I was thinking beyond that as to what they may take. 

 

Thank you for the help! I appreciate it. It's frustrating when I don't know! 

Share this post


Link to post
Share on other sites
58 minutes ago, Natalie07 said:

Since they are currently still processing my taxes they can't even do a second garnishment until this one is complete right? 

Again, this depends on your state statutes. Some limit the number of garnishments, some limit the amount to a percentage if your pay, some do a combination of both. 

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this