Most of us have experienced financial issues before—as well as the feeling that everything is getting away from us, to include organizing bills, making credit card payments, and trying to keep debt collectors–and court judgments–at bay. You may be so busy trying to work and keep your head above water paying for the essentials that it seems impossible to even find time to deal with the growing problem; or, you may be down and out after a car accident or other serious injury or illness and while you have been trying to deal with your health, medical bills have continued to mount and financial disarray has increased.
You may just want to pull the covers over your head and forget about it all. That is understandable, but creditors and debt collectors have very good memories—prompted by computer data—and they will not forget to call, write—or in some cases, file a lawsuit against you. By the time that happens, you may have begun ignoring the barrage of letters and calls from debt collectors altogether.
The creditor is required to notify you of the lawsuit by serving you with a summons and complaint outlining the amount owed (there may be other expenses added as well such as interest and legal fees). If you had a co-signor on the account, they may be named too. In some cases, the paperwork may even just be mailed, with a requirement for your signature acknowledging it was received. Upon receiving notice of a lawsuit, contact an experienced law firm like Fitzgerald & Campbell, APLC. right away. Although you might feel like your financial situation is helpless at the time and the idea of court may seem intimidating, it is in your best interest to work with your attorney both in responding and fighting to the lawsuit filed against you.
If you already failed to respond to one or more creditor lawsuits, however, and now have court judgments filed against you, all is not lost—and especially not with the help of a California judgment attorney on your side. Repercussions may vary, but no matter what, there will be a hit to your credit. The severity of the damage to your credit report depends on what it was like before delinquencies, and then a lawsuit and consequent judgment.
There are rare occasions where a defendant may be considered judgment proof, due to a complete lack of income and assets. Most likely though, you do have income, bank accounts, and property that the creditor may be able to seize. There is no reason to live in fear of such a thing though—and you do not have to go it alone. Your attorney may still be able to fight the judgment, or settle with the creditor, depending on your situation.
You do have choices regarding court judgments granted against you. Our attorneys have decades of experience in serving clients as they navigate through challenging financial situations. Let us review your case and discuss what would work best for you. We are here to help!