Legal Question in Credit and Debt Law in Florida
Avoiding a judgement
I am not defending a large pending suit due to the high costs of representation and expect it to go to a judgment in about 60 days. What can I do to avoid payment? I have minimal cash but have a house in Ga with a 200 k HELOC at Wachovia (originally paid 193 in 2001) and a condo in Fla, fully paid for. My only vehicle in 2002 Explorer. What should I do or not do in this matter?
3 Answers from Attorneys
Re: Avoiding a judgment
NOTE: This communication is not intended as and should not be interpreted as legal advice. Rather, it is intended solely as a general discussion of legal principles. You should not rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney's individualized advice for you. By reading the "Response" to your question or comment, you agree that the opinion expressed is not intended to, nor does it, create any attorney-client relationship, nor does it constitute legal advice to any person reviewing such information, nor will it be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further.
If you seriously wish to try and avoid payment of the judgment, you need to speak with an attorney immediately to discuss all of the issues and to obtain legal advice on asset protection. This is not a subject that can be covered here with minimal information.
Scott R. Jay, Esq.
Re: Avoiding a judgement
Retain counsel.
Re: Avoiding a judgement
You need to see if it pays to defend yourself or whether you need asset protection and/or bankruptcy consideration. You need to contact an attorney. If you would like a consult, please contact a local attorney or myself if you desire.