What will happen if I can’t pay a creditor after an judgement has been made?

I now have a judgment against me but can’t pay it. How will they get their money and can I get in trouble?

Asked on August 14, 2012 under Bankruptcy Law, Ohio

Answers:

M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney

Answered 8 years ago | Contributor

If there is a judgement against you then the creditor can execute on the judgement in any way that the law will allow in your state: levy a bank account, garnsh wages, file a lien on real property, etc.   It may be possible for you to negotiate with the creditor.  Seek other options.  Good luck.


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