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Asked on January 7, 2012 under Real Estate Law, Indiana
Answered 13 years ago | Contributor
Unless you have a written agreement with the judgment creditor for a forbearance as to not levying upon your assets or garnishing your wages as you pay down the $3,000 judgment every two (2) weeks, there is nothing stopping the judgment creditor from seeking more than the $150.00 you are paying every two weeks.
If you are concerned about having your wages garnished or your bank accounts levied upon, I suggest that you enter into a written agreement with the judgment creditor signed and dated by all that there will be no other attempts to obtain assets from you so long as you are current with your $150.00 bi-weekly payments on the debt you owe.
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