Legal Question in Credit and Debt Law in California

Re: Judgement

Thank you for your inquiry.

You may be "judgment proof", meaning that there are no meaningful assets to go after. Although a creditor has the right to take any property you own free and clear, including real estate, automobiles, bank accounts, or obtain a wage garnishment, you can file a claim of exemption as to your primary vehicle, and the removal of any other property that may cause a hardship.

I doubt that they will seek to take the vehicle, but if they do, you should at least consult with an attorney right away, to file the appropriate papers to protect that vehielc.

I hope this helped, but if you need additional assistance, please feel free to email me directly at [email protected].