About John Hall Expertise Law school graduate, Juris Doctorate (J.D.) Degree; Over 25 years of
experience throughout the United States in bankruptcy law matters (Chapters 7, 11, and
13 of the United States Bankruptcy Code) primarily representing individual
debtors with consumer debt or small businesses; Experience has included all
aspects of debtor/creditor relations.
Experience FREE BANKRUPTCY HELP. If you are being sued, if your home is being foreclosed, or if you are being harassed by bill collectors, filing for bankruptcy may be a quick and inexpensive solution.. The mere filing of a bankruptcy will operate as a federal court order (it is called an automatic stay) to stop all bill collection efforts, including lawsuits that are pending or ongoing. Bankruptcy is a legitimate way to meet your problems with debt head-on. The bankruptcy law is designed to give you a second chance to make a new start without the psychological and financial burden of pressing debts that you are unable to pay. Depending on what state you live in and what your assets are, it is very unlikely that you are going to have to lose anything if you file for bankruptcy, and this is something that you can do immediately without having to pay the $500 to $1,500 attorney fees that most attorneys charge. Also, you might be surprised that you can file for bankruptcy and that it will not have the devastating effect on your credit that most bill collectors describe. Life is too short to have all this anxiety over losing your car through repossession, getting evicted from your home, or losing your home through foreclosure. Bankruptcy law was designed to give you a second chance. I will not charge you just to talk on the phone. Call me at 432 853-5711, or send me an email at j_h14@hotmail.com with your telephone number, and I will call you back.
Question What does it mean when a judgement is filed by a bank for an unsecured debt that is 97 days past due. Balance owed 3006.00. What is the process and what does this do to you. I mean, are there papers served, a court appearance, can they put a lein on propery or business. Basically I know nothing and want to understand.
Answer If you are being threatened with a court judgment, the way it usually works is that you are served with papers by a sheriff's deputy or by a private process server - and then if you don't repond (or ultimately, even if you do respond) they will get the judge to sign a court judgment against you. (The reason I say "usually" above is because sometimes the process server will just lie and say you were served with the papers when you weren't and the first you hear of the lawsuit is when the judgment has already been entered.)
All the bad things you described can possibly happen, and more, depending on the laws of your specific state. With a judgment the creditor could possibly garnish wages (depending on your state law), they could freeze your bank accounts, and the judgment itself operates as a judicial lein against your home.
However, there are ways to stop the process and to avoid having a judgment placed against you - and I don't mean making a settlement, often that is the worst thing you can do in terms of credit. If you call me on the telephone it will be easier to talk in more detail and I won't charge you just to talk on the phone. Call me this weekend on my cell phone 661 492-2673
