What happens if I am unable to pay a small claims court judgment?
If you are unable to pay a small claims court judgment in Florida, there are several possible outcomes. The judge may decide that you do not have to pay anything, or that you only need to pay a portion of what is owed. Additionally, the judge can order you to make payments in installments over time. The judge may also decide to place a lien on your property, which will remain in effect until the judgment is paid off. If payment arrangements are not possible, the creditor may take other legal action against you. This could include garnishing your wages or placing a levy on your bank account. Also, the creditor can seek to have the judgment renewed, meaning that they can ask a court every five years to have the amount owed renewed and extended. If a creditor has obtained a judgment against you and you have not paid it, the creditor can report it to the credit bureaus, which can hurt your credit score. This will make it difficult to obtain loans in the future. Therefore, if you are unable to pay a small claims court judgment, it is important to contact the creditor and try to make payment arrangements to avoid further complications.
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