What are you supposed to do when you are constantly receiving phone calls from collectors looking for money that you just don’t have? You know you owe them money and you want to pay them back, but you just can’t right now. Then, to make matters worse, the company you owe money to decides to file a lawsuit against you. You understand that you do owe them the money and there isn’t really anything for you to defend. They’re going to get a judgment against you. What does that judgment mean for you? Basically, it puts a lien on all real property you own in the county where the judgment is entered. In other words, that judgment practically becomes like another mortgage against your house. It becomes dangerous territory when a creditor gets a lien against your house. For most small claims judgments, the creditor will just begin to take the money owed directly out of your paycheck. They are entitled to garnish a certain percentage of your earnings from each pay period. This means that suddenly you will have less and less to live off of in your every day life from week to week. In many cases, a garnishment can make it nearly impossible to pay all of your other debts because the majority of your income is going to the creditor that obtained the judgment. Bankruptcy can stop judgments. If you file for bankruptcy, depending on what chapter you file, you may be able to wipe that debt out completely or at least a large portion of it. Don’t let your creditors garnish your paychecks. Bankruptcy can fulfill the debt obligations that judgments put on you. Our office can even help you satisfy those judgments after your case is discharged.
We’ll let you know what your options are, even if they don’t involve filing. Your situation may not be as helpless as you might believe. We can inform you of your rights and how the laws work. At the very least, you can start to understand what answers there are out there for you. Don’t do nothing…call us for a free consultation right away.
David Lozano has been very professional from the beginning with our case. His staff has been very professional, knowledgeable, respectful and very helpful with the process from beginning to end! We are very fortunate to have Mr. Lozano on our side!
Excellent attorney, and great staff that actually care about their clients. Definitely recommend!
I highly recommend the Law Office of David Lozano.