If a debt lawsuit is brought against you and you lose, a judgement could be rendered against you. This means that your creditors can legally seize the funds in your bank account (also called a bank account levy), send a law enforcement official to come to your home or place of business and seize valuable property of yours, or mandate your appearance in court to testify about your assets. Having a judgement against you can also cloud the title of your home, essentially preventing you from selling or refinancing your home. Your debt will continue to grow as a result of post-judgement interest. If you find yourself facing a tax levy, a levy on your bank account, or other legal action you’ll want to act fast before it gets any worse!
Having a judgement against you can be scary and overwhelming, but Heston Ciment Law Firm is here to help. We can review your case and determine how to pursue the best possible outcome for you. Depending on the circumstances surrounding your judgement, we may be able to appeal to have your judgement completely vacated. Our debt settlement lawyers can also negotiate with your creditors to settle for a reduced amount and have the judgement released in exchange for a lump sum or payment plan. A debt relief attorney from our firm can advocate for a partial release of your judgement, allowing you to sell or refinance your home. In order to do this, your residential homestead exemption must be properly filed.
There are many aspects of dealing with a judgement, and Heston Ciment can help you with all of them. Don’t hesitate, contact us today for a free consultation with a debt relief attorney in Texas.