lets say a company is suing you and you get served with a court summons. you fail to respond back to the summons ands the company wins a default judgment in the case. and they are asking for $500,000 when you only have $20,000 in assets. what would happen? could you file bankruptcy to get out of the rest of the $480,000 that you owe?
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why the hell did you not show up for court and let them win by default -
my friend didnt show up for court because he is being sued by a company in another state. he was too lazy to travel.Originally posted by MrPheerComment
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your friend didn't have to show up himself if he would of hired an attorney. i don't know the answer but i hope its not MS.you don't know you're wearing a leash if you sit by the peg all day..Comment
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it is MSOriginally posted by BlackCrayon
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if he don't give a shit we sure don't.
before they close the border, mexico.
and then get lost.Comment
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but seriously. after they go after his $20,000 in assets what else can they do to him?Comment
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It depends on the State. Some States will not let you clear a judgment by declaring bankruptcy. You need to hire an attorney, quickly. You?re an idiot for letting this get this far.Comment
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If he was too stupid to hire a lawyer I hope he has to pay off every penny from that 500k....
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They can and most likley will garnish all of your future earnings until the judgement is paid off. Basically you fucked yourself by being to stupid to get a Lawyer and work it out before letting them get a default judgement.Originally posted by mal
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He looses the 20k in assets. Company can place liens or garnishments on wages and so forth. Judgement will be entered into record that will remain for many fucking years. After they take what they can and fuck you as they will, they ussually will end up selling off the judgement to collections and there it will remain for 5+ years depending on the state. If they are able to get any money during the collection period the time starts all over.
Bankruptcy reform has also changed a great deal, so it is not as easy to erase and forget.Comment
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if your 'friend' was too fuckin lazy to travel over a half million dollar lawsuit, he is probably too lazy to get any kind of a job or even wipe his own ass. Just tell him to sell what he can on ebay or whatever and get a head start on being homeless.Comment
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tell you stupid friend that if he had showed up, he could have most likely got that reduced by maybe 75% or maybe even had it thrown out. Not showing up is so fucking dumb I cant even understand how someone can be that stupid. I hope if I ever sue someone, I hope they just dont show up.Comment
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Originally posted by mal
Nothing much besides get an order to collect any future earnings he has.
Your friend is an idiot.Comment
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