One of the many questions that individuals have, when it comes to coping with debt, is what a judgment means exactly. When a creditor sues a debtor for money that is owed but has not been repaid, this is known as a judgment. Essentially this permits a creditor to use a number of means, including wage garnishment and repossession, in an attempt to get money that is owed to them. While this situation might seem hopeless for the debtor, it is possible to stop judgment in Maryland Heights.
So, how exactly can debtors put a stop to the actions of a creditor? While there are several ways that this is possible, one of the most common is filing for bankruptcy. Depending on the individual’s overall financial standing, a bankruptcy attorney may or may not recommend filing for Chapter 7 or Chapter 13 bankruptcy as a viable option.
At Teague & Associates, LLC, we help dozens of individuals each year who are facing judgment and looking for a way to put a stop to their financial stresses. We work with our clients closely to understand their unique situation, determine the best course of action and help them file for bankruptcy properly, if this is their choice. We aim to make the process of stopping creditors simple and easy to understand from start to finish. A judgment doesn’t have to mean your situation is hopeless.
Are you fearful of a judgment and what it could do to your financial future? Don’t be! You can stop judgment in Maryland Heights with the help of Teague & Associates, LLC. Contact our office today at (314) 899-4499 to learn more about what you can do to turn things around.