Legal Question in Intellectual Property in Texas
What happens if you get a judgement filed against you for a lot of money, that you can not possibly attain!
Asked on 12/17/10, 8:35 pm
1 Answer from Attorneys
Kevin B. Murphy
Franchise Foundations, APC
As a Franchise Attorney I can say this. The fact you may not have assets, or a job where wages can be garnished to begin to satisfy the judgment is just a short-term solution. You should look into discharging the judgment through bankruptcy. Consult with a good business or franchise attorney in your area for specific advice.
Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.
Franchise Foundations, a Professional Corporation
Answered on 12/23/10, 5:47 am
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