For many people, hearing that a debt has ended up in court is already a cause for concern. After all, when we think of legal debt collection, we imagine the bailiff knocking on the door or accounts being frozen. But if your budget is tight, what do you do when you have no way to pay your debts ?
Check your CPF
Having a legal debt does not mean that everything is lost. There are overseas chinese in worldwide data possible paths and some legal alternatives that can alleviate this burden, but it is essential to act with clarity and planning. Let's understand what this involves?
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What happens when you have a court debt?
What is a court debt?
What happens if I don't pay a court debt?
How can I pay a court debt if I have no money or earn little?
Can I pay a court debt with court orders?
Can court debt be paid in installments?
Is it worth taking out a loan to pay off legal debts?
How to make an agreement to pay a court debt?
How to avoid legal debts? 5 tips
1 – Keep financial control
2 – Prioritize paying essential bills
3 – Renegotiate before delaying
4 – Create an emergency fund
5 – Track your CPF
And finally: negotiate debts with a great discount at Acordo Certo
FAQ: Frequently Asked Questions
How to pay a debt that is in legal proceedings?
How do I request payment in installments for a court debt?
What happens when you have a court debt?
When a debt reaches the judicial sphere, it means that the creditor has decided to go to court to guarantee payment.
Negotiate your debts
This situation generally occurs after several attempts at an agreement, indicating that the creditor believes that only judicial intervention will resolve the issue.
What is a court debt?
A court-ordered debt is a type of collection where the creditor, after unsuccessful attempts at direct negotiation, takes legal action to seek payment. This process involves filing a lawsuit in which the creditor explains their situation and presents documents that prove the debt — signed contracts, communications, invoices or other relevant records.
When the process begins, the debtor is notified and given a deadline to respond. It is at this point that the debtor can question the debt or, if he acknowledges it, propose a negotiation for settlement.
Failure to pay a debt in court can lead to consequences such as seizure of assets, freezing of bank accounts and, in some cases, payroll deductions. Knowing that, once in court, the debt becomes mandatory is the key to organizing this.
What happens if I don't pay a court debt?
When payment is not made, the creditor may request measures to ensure receipt of the amount due. These actions are usually accompanied by costs and require constant monitoring. See the main consequences:
Bank account blocking : the judge can authorize the blocking of accounts to cover the amount of the debt, a direct and effective measure. In fact, see how to check a judicial blocking by CPF .
Seizure of assets : Items such as real estate, vehicles and other valuable assets can be seized and auctioned to pay off the debt.
Payroll deduction : depending on the situation, the amount of the debt may be deducted directly from the debtor's monthly income.
Impact on credit score : judicialized debt tends to negatively impact financial history, limiting access to new lines of credit.
These measures are intended to ensure that the creditor receives the amount owed. Therefore, if a legal debt is already in progress, it is best to seek a way out, such as negotiation or installment payments, before these actions are carried out.
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