If I own no real estate and a judgement for $4,000 was passed against me how can the plaintiff collectsince I refuse to pay him?
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If I own no real estate and a judgement for $4,000 was passed against me how can the plaintiff collectsince I refuse to pay him?
I don’t own a house (I rent) and I own a car. The only thing I own worth anything are my work tools. Can he come after those?
Asked on February 23, 2012 under Bankruptcy Law, Texas
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
Under the laws of most states, tools of one's trade worth up to a certain amount ($5,000 or so) are exempt from levy by a judgment creditor. However, if you are working on a jobsite where you are to be paid later on, the judgment creditor can lien the work in process where instead of you getting paid for services rendered, the judgment creditor will be.
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