Judgment Proofing Could be the Answer for Unpayable Debt

It has been said that there are only two guarantees in life: death and taxes. Unfortunately, there is a third promise. You can be sued by creditors if you are in default on your debt. They can take money from your salary and even from your bank account! But what if you are underemployed, unemployed, … Read moreJudgment Proofing Could be the Answer for Unpayable Debt

Everything You Need To Know About Being Judgement Proof

Worrying about a possible pending judgment can keep you up at night worried sick about what your future holds. The uncertainty of not knowing if your money will be accessible in the morning can be very stressful. Here are a few things for you to know to protect yourself. Creditors cannot take more than 25% … Read moreEverything You Need To Know About Being Judgement Proof

How Judgment Proofing Can Protect Your Assets

If you have fallen behind on a bill payment, your creditor will have the right to attempt to sue you and collect the past due amount through a judgment.  If approved, the creditor will have a variety of ways in which they can collect including withdrawing from your bank accounts, forcing you to sell assets, … Read moreHow Judgment Proofing Can Protect Your Assets

Determining If You Are Judgment Proof

If you have past due debts, a creditor can call you incessantly, but can’t actually make you pay without filing a lawsuit. If they are successful, the courts will grant them a money judgment for the amount that you owe. Once that has happened, the creditor will be able to go after your assets in … Read moreDetermining If You Are Judgment Proof

Judgment Proofing – What Does It Mean to be Judgment Proof?

First and foremost, before discussing what judgment proof means, what exactly is a judgment? A judgment is “A decision by a court or other tribunal that resolves a controversy and determines the rights and obligations of the parties”. In other words, a judgment is the final part of a court case which ends the lawsuit.  A judgment … Read moreJudgment Proofing – What Does It Mean to be Judgment Proof?

Judgment Proofing: What Does it Mean for You?

In today’s seemingly sue-happy society, one has to plan for asset protection. You work hard to save money, plan for retirement, and buy stocks, bonds, CDs, real estate, and vehicles. After all, isn’t having financial security considered part of the American dream? It can be scary to think that a resentful neighbor, or an unceasing creditor, can … Read moreJudgment Proofing: What Does it Mean for You?

Judgment Proofing – How we can help you

What is judgment proofing? According to nolo.com: “When a creditor sues you and gets a money judgment against you, it has a variety of methods it can use to collect on that money judgment… However, if you don’t have any income or property that the creditor can legally go after, then you are what is often … Read moreJudgment Proofing – How we can help you