Mississippi Sample Letter for Debtor Examination

State:
Multi-State
Control #:
US-0310LTR
Format:
Word; 
Rich Text
Instant download

Description

Sample Letter for Debtor Examination

How to fill out Sample Letter For Debtor Examination?

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FAQ

Can I go to jail for not paying a judgment? No, you cannot go to jail for not paying a judgment. A judgment means the company can try to collect from you, it does not mean you have to pay them if you are unable to. (See South Carolina Legal Services' brochure: ?Being Judgment Proof?.

At a debtor's examination, the other side can ask you about your financial situation. They can ask things like where you work, what you earn, where you bank, and what property you own. They may also ask about what your spouse or registered domestic partner earns or owns.

Detail the debt amount: State the dollar amount of debt owed, the original date that this amount was due, and any other fees or interest accrued. If there are multiple amounts, include the total amount due. Provide context: Outline events in chronological order. Provide as much detail and context as possible.

A judgment lien is created automatically on debtor property that's located in the Mississippi county where the judgment is enrolled. To enforce the judgment against debtor property located in another Mississippi county, the creditor files a copy of the judgment with the circuit court clerk.

(2) If the court finds nonpayment is willful and finds the defendant in contempt of court, the court may direct that the defendant be incarcerated until the unpaid obligation is paid, subject, however, to section (e). (e)Incarceration for Nonpayment of Fine, Restitution, and/or Court Costs.

Mississippi Wage Garnishment Rules The most common method used by judgment-creditors to enforce judgments is wage garnishment. A judgment-creditor contacts your employer and requires the employer to deduct a certain portion of your wages each pay period and send the money to the creditor.

All actions founded on any judgment or decree rendered by any court of record in this state, shall be brought within seven (7) years next after the rendition of such judgment or decree, or last renewal of judgment or decree, whichever is later.

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Mississippi Sample Letter for Debtor Examination