Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Other Law (https://www.askmehelpdesk.com/forumdisplay.php?f=190)
-   -   Bank Judgement (https://www.askmehelpdesk.com/showthread.php?t=358129)

  • May 26, 2009, 02:08 PM
    hpvp1234
    Bank Judgement
    Bank got the judgement against me. What is the limit of Judgement. How long they can hold the Judgement.
  • May 26, 2009, 08:58 PM
    JudyKayTee

    What? The Judgment, depending on your State, is "usually" good for 10 years, renewable for another 10. There is no limit on the dollar amount of a Judgment.

    Is that what you are asking?
  • May 26, 2009, 09:01 PM
    Fr_Chuck

    The judgement is for the full amount you owed, plus all of the legal costs and the such,

    Depending on the state, they may attach all of the money in the bank. And garnish a percent of your check, ( that amount varies some states none others more, 25percent is a average
  • May 27, 2009, 07:05 AM
    hpvp1234
    Court Judgement
    I am from Georgia. I had a SBA loan from bank. I can't make a payment from last 2 years. Now last year sep 2008 Bank won the case in court. They got the judgement against me, my corporation. My house is collateral with this loan.
    Bank haven't contact me yet. I try to settle this case with some money. They don't respond anything on this matter. So in this case what will happen. I don't want to loose my house or business.
    Can you please advise me.
  • May 27, 2009, 07:14 AM
    Fr_Chuck

    Then call and talk to them seriously,
    With a judgement they may do it,
    If local, go down and talk to them in person

  • All times are GMT -7. The time now is 02:58 AM.