Legal Question in Credit and Debt Law in New Jersey

I live in camden county nj. I had a default judgment entered against me for $4,300. I have a wage garnish which they can't collect on because I make less than $200 a week. A sheriff came to my house yesterday and served me with two writ of executions. One on my property, and one on my real estate. My property was exempt because the value was less than $1,000. My question is about my house. The mortgage is in my name, even though I don't make the actual payments, my parents do. The deed is my name and my dads name. What is going to happen to my house? Will the sheriff sell it? Will I get notice of the sale in the mail? Will it just be a lien? What is a lien? I can not afford any more than $30 a month to repay pressler and pressler. They will not accept that amount. I don't wanna loose the house, especially since its not really my house. Please help. Thank you so much.


Asked on 9/11/10, 11:23 am

1 Answer from Attorneys
Ellis Klein Young, Klein & Associates

You should file for Bankruptcy so that all of your debt would be wiped out, including the judgment. Once you file, they can no longer try to collect the debt.

Our firm has assisted thousands of clients discharge their debt over the past 20 years.

Please call me and I can give you some additional information.

Ellis Klein, Esquire

215-639-5297

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Answered on 9/16/10, 12:07 pm


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