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Satisfaction of Judgment Georgia Form

Satisfaction of Judgment Georgia Form

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hi there this is Jonathan Ginsburg I'm an Atlanta area personal bankruptcy attorney and today I'd like to talk to you about what it means uh when a judgment is filed against you and why is a judgment so dangerous well basically a judgment means that somebody has filed a lawsuit against you and gotten the judge a court to issue an order saying that you owe a debt a lot of times we judgments that are default judgments in other words somebody sues you a credit card company it could be a vehicle lender on a deficiency balance whatever the reason uh they sue you and if you don't respond to the lawsuit within 30 days or reopen the default you've got a few more days 15 more days to open to default um what ends up happening is it's considered not contested uh the Creditor or the plaintiff goes to court and says nobody responded to this lawsuit we want a default judgment uh the judge will can verify that nobody's there to contest it and then issue

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