Legal Question in Credit and Debt Law in North Carolina

Disability is exempt, so they cannot take that. Make sure that you do not commingle exempt income with non-exempt income or with another person.

If you are truly judgment proof, the judgment lasts for 10 years and can be renewed for another 10 years. It earns interest at a rate of 8%. Its going to only get bigger, but depending on your circumstances, it may be wise to do nothing.

Is this your only debt? Does it make sense for you to file bankruptcy? As an alternative, are you able to settle the debt? Would you be able to settle the debt by putting aside some amount each month? If so, a debt settlement agency might be able to assist. Be careful, there are many scammers out there.

Email me privately if you are interested and I can refer you to a reputable company.