Legal Question in Credit and Debt Law in Ohio
Judgement payments
If you have a judgement against you and you pay on it over the years but it keeps growing because you don't pay enough can this go on forever? Once you reach the original judgement amount should it be dismissed?
Asked on 1/31/05, 1:55 pm
1 Answer from Attorneys
Frank Rozanc
Frank J. Rozanc, Esq.
Re: Judgement payments
Generally, no. If the judgment contains interest provisions it is possible that two, three or four times the amount could be owed over the life of the judgment. Bankruptcy might be an option.
Answered on 1/31/05, 3:32 pm