Hate to air dirty laundry, but CP is a wealth of knowledge and I need some serious advice. It looks like I will have a judgement against me put through in about 60 days. It has to do with my property and a balance owing on it because of the insanely high price paid for it at the height of the market and some money trouble for the wife and I.
The judgement will end up being just under 80k after court fees and such are added. Are there any lawyers or students in the know that can tell me what happens after this goes through? Do they garnishee wages, seize bank accounts, take my crappy old car? Can I arrange with the courts to make payments?
Never had a judgement against me before so I have no idea what happens next and I really can't afford legal counsel (and don't qualify for legal aid). I am really trying hard to avoid bankruptcy, but I'm not sure if it really is my only option. Can anyone who knows offer advice or at least let me know what may or may not happen? Thanks.