| My response:
When you wrote your post, the instructions in RED letters said not to use capital letters.
A judgment in Maryland is good for 12 years at 15% interest if under 30 months, and then the interest follows the T-bill rate if over 30 months. It's better than having money in the bank.
At some point, expect to have your wages garnished, and / or bank account emptied. Further, the judgment creditor can have you taken back to court once each year, until the debt is paid in full, for a "Debtor's Hearing" - - those are a lot of fun. And, each time they do, the attorney's fees and costs are added to the judgment.
In other words, you can run, but you can't hide. This will all catch up to you, just when you least expect it to during those 12 years.
Good luck to you.
IAAL |