judgmentproof

How to know if you’re judgment-proof from debt collectors

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Being judgment-proof doesn’t make you immune to debt lawsuits, but it does change how the issue plays out. Andranik Hakobyan/Getty Images Debt pressures have been building rapidly over the last few years amid a landscape dotted by high borrowing rates, inflationary pressures and other hurdles, and those challenges have continued to accelerate over the last … Read more

Are you judgment-proof? Here’s what it means for credit card debt.

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What being judgment-proof does and what it doesn’t do can have a major impact on your debt repayment approach. Hanizam/Getty Images Credit card debt has become a serious issue nationwide, with borrower totals now exceeding $1.28 trillion and delinquency rates climbing as borrowers struggle to keep up with their high-rate balances. As that unpaid debt … Read more