Legal Question in Credit and Debt Law in Pennsylvania

Re: obligations toward creditors

Any time anyone owes a debt, the person or entity who is owed the money can enforce the obligation. They do so by suing.

A lawsuit is seeking a court determination that you owe the money. That is known as a judgment. A judgment is enforceable by execution. That is accomplished by selling items of personal property and/or by seizing your bank account. If you own real estate, the judgment becomes a lien on it.

When you owe a debt that you cannot pay, you should speak with an attorney to discuss your options and rights.

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