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What is a Judgment?

Credit Corp

The company, creditor or collection agency has legal ways to pursue payment. The court enters a judgment against you if your creditor wins their claim or you fail to show up to court. The judgment creditor can then use that court judgment to try to collect money from you. One of those options is to sue you. These laws vary.

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What Is a Judgment?

Credit Corp

That means judgment creditors can seek debt payment from more than your wages and bank accounts. Creditors must follow the law when applying a judgment to take, or seize, your property. Your creditor can take or leverage these possessions in the following ways: Wage attachments. What Property Can Be Taken to Settle a Judgment?

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General Insurance Code of Practice and Hardship

Debt Recoveries

We will do this as early as practicable and we will protect your right to privacy. . If you tell us, or we identify, that you need additional support from someone else (for example, a lawyer, consumer representative, interpreter or friend), then we will recognise this and allow for it in all reasonable ways. Bankruptcy .