What happens if you have a Judgement against you in SC?
What happens if you have a Judgement against you in SC?
A South Carolina judgment creates an automatic lien on any real estate you own within the county where the judgment was entered. This gives your creditor a security interest in the property and prevents you from refinancing the home without first paying off the judgment.
How long are judgments good for in South Carolina?
ten years
Judgments in South Carolina may not be renewed. The South Carolina Supreme Court has concluded that a judgment is “utterly extinguished after the expiration of ten years from the date of entry.” Hardee v.
What does a Judgement mean in SC?
In a civil court case, after a judge or jury hands down a verdict — or after a court-approved settlement — a judgment is entered by the court. As part of a typical judgment, the court orders the payment of money from one person to another. But the person who owes the money (the debtor) doesn’t always pay up.
What happens if you don’t pay a Judgement in SC?
If you don’t pay the judgment or agree to a payment plan, the creditor must go through a separate judgment collection procedure. 6. During the judgment collection process, you may find that most if not all of your property and income cannot be taken for payment on the judgment.
What happens if a defendant does not pay a judgment in SC?
You can inform the enforcement officer that you wish to request an execution from the court. An execution order allows them to seize money or property from the defendant to ensure the judgment is paid. You will likely have to pay certain fees for the enforcement officer’s services.
How do you satisfy a Judgement in South Carolina?
However, by using the legal processes for collecting on a judgment, you may be able to satisfy the judgment through the debtor’s assets….Process for Collecting a Civil Judgment in South Carolina
- Obtain a Valid Judgment.
- Executing the Judgment.
- Supplemental Proceedings – If Debtors Don’t Have Assets or Has Hidden Assets.
Can creditors garnish your bank account?
Yes. A creditor can apply for an order to garnish your bank account without notifying you. The creditor doesn’t need to have a judgment against you to do so. The creditor must start a lawsuit against you for the debt before getting a garnishing order.