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Judgement inFlorida

Submitted by on Sun, 08/12/2007 - 19:42
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I have a judgement from Ford. I am in Florida, do not work, have no assets to speak of. What can their attourny do to try and collect? Is there any asset protection laws for a certain amount of assets for protection?


As others have said, if you have nothing, they get nothing. If you are Head of Household, in Florida they cannot garnish wages unless wages are OVER $500/week. If you have no job, they have no wages to garnish. If you are collecting unemployment, they cannot garnish it (that's FEDERAL law) but keep it out of any bank account they know about. If you own a car, the State allows only a $1000 exemption. Generally, if the car is an older car they are less inclined to lien it. If you own a home and filed for your Florida Homestead Exemption, and it's your principal residence, and you ahve lived in in for few years, Florida won't let them touch it. The law is very specific on that. "No liens or encumberances" apart from a mortgage holder, the IRS or someone who has done work on your home.

Unless you have other assets or holdings, you are probably "judgment proof". BUT, remember, with a judgment, they CAN call you in once a year for a "deposition" to make sure your financial situation hasn't changed for the better. If it has, they can try to get something.


Submitted by on Wed, 08/15/2007 - 13:33

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Where do I go to find info on florida laws on payroll garnishment???


Submitted by on Thu, 08/28/2008 - 14:53

( Posts: 202330 | Credits: )


Where do I go to find info on florida laws on payroll garnishment???


Submitted by on Thu, 08/28/2008 - 14:53

( Posts: 202330 | Credits: )