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    bern1260's Avatar
    bern1260 Posts: 1, Reputation: 1
    New Member
     
    #1

    Feb 19, 2008, 08:34 AM
    What happens when you receive a judgement
    What is the effects of unsecured credit card and loans when you get a judgement?
    Can they garnish your wages and freeze your bank accounts? In the state of New Jersey.:confused:
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #2

    Feb 19, 2008, 08:40 AM
    Yes. A judgement permits them to attach any assets they can find. NJ does permit wage garnishments. Generally they will not go after real property and some real property can be exempted.

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