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What Is a Judgment?

Credit Corp

A judgment is an order issued by a judge or jury to settle a lawsuit. This decision details the rights, responsibilities, and obligations of each party. In this case, the judge may order you to pay the other party as part of the court’s final judgment. These terms are laid out in the final judgment.

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Domesticating and Enforcing Your Foreign Judgments With a Massachusetts Collections Attorney

Collections Law

Collecting debts from debtors having assets in Massachusetts while you are in another state or a different country used to be difficult, even if you had a judgment against them. Massachusetts was among the few states that had not adopted the Uniform Enforcement of Foreign Judgment Act. Not Just Domestication — Enforcement, Too.

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Dealing with Debt Collectors

Debt Free Colorado

You have rights to help you gain control over your debt collection interactions. To learn more about pursuing your legal rights, contact your state’s local consumer agency. The Fair Debt Collection Practices Act (FDCPA) does not apply to original creditors or cover company obligations.

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Are You Waiving Your Rights by Signing a Contract?

FFGN COLLECT NY

While the underlying agreement or contract may seem straightforward, you need to do a thorough evaluation to make sure you aren’t waiving your legal rights by signing the contract. This clause in the contract gave the creditor permission not to comply with the New York statute.

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NJ Appellate Division Finds No Private Right of Action for Debt Purchaser’s Alleged Failure to Obtain State License

Troutman Sanders

The trial court granted summary judgment to the defendant on all claims finding that because the defendant was not a consumer lender it was not required to obtain the license at issue. Instead, the offending conduct was misrepresenting “that it had the legal right to collect on the account when it lacked the proper license to do so.”

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What Can I Keep if I File For Chapter 7 Bankruptcy?

Sawin & Shea

The money earned from these sales then goes to the creditors and any remaining balances on the debts are discharged. Debt collectors have a legal right to pursue the collection of personal debt within the bounds of the law. The Court can sell all nonexempt possessions and assets. What Are My Exempt Assets?

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7th Cir. Rejects FCRA Claims Alleging Insufficient Investigation Into Ownership Of Debt

Collection Industry News

Court of Appeals for the Seventh Circuit recently affirmed judgments entered in separate cases consolidated on appeal in favor of several credit reporting agencies rejecting consumers’ claims of violations of the federal Fair Credit Reporting Act (FCRA). but primarily legal issues outside their competency. Source: site. 1681, et seq.,