Financial Information
I a judgment against me for unpaid credit card debt. My income is judgment proof. Can it be dismissed?
Question : I a judgment against me for unpaid credit card debt. My income is judgment proof. Can it be dismissed?
The judgment keeps acquiring interest. There is no way my income will change and it is exempt. Is there anyway to get the judgments dismissed?
unpaid credit card debt
Best answer:
Answer by badpenny65
Your income is “judgment proof”? If there is a judgement against you for unpaid credit cards, the interest will keep piling up until you pay it. Just because your income won’t change, doesn’t mean you aren’t liable for it. Why should I have to pay for YOUR mistake? Man up…pay your bills.
You know, if you speak with the debtor, you may even be able to get them to reduce the finance charges.
And finally, NO you most likely will carry this debt with you, the judgement has already been made.
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#2 written by Sgt Big Red 1 year ago
Well first off ignore all those idiot spam offers from people.
If your income is from social security, SSDI, SSI or VA disability, then it is exempt from garnishment so therefore the judgment can not be paid.
You would have to notify the court and provide proof of your income and have the judgment “vacated” due to your status.
If your income is other then that mentioned then you are still obligated. Even in cases where you are deemed judgment proof for the time being (income too low for garnishment and you have no assets) they can still wait until your income increases and yes that interest can be accrued.
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Once a judgment has been given, the debt can continue to accrue interest almost for ever. I do not mean to be morbid but the debt would be there to be settled by your estate once you pass on.