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ToughMudder

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Posts: 1
Reply with quote  #1 

Hello all,

I am new to this forum and have a difficult situation that I was hoping to get some perspective on:

A previous tenant recently fought a civil case against one of my property owners and the court declared that since I own the property, I am liable for the judgement for roughly $4500. I live outside the state where the property is located and now the tenant's lawyer is threatening to collect on the judgement if I don't pay in full through "Execution of Wages". I looked it up and looks like what is used by a landlord to collect money from a tenant that is owing rent. 

Is it a possible avenue that I need to defend or are they liable to succeed with this action against me? I technically am earning income from rent, but can the court garnish that money?

Property Info:
Apartment is in NJ, I live in Virginia
I have banks in both states (bank levy is a risk as well)
Previous renter also resides in NJ currently and looking to file in civil court

Thanks for your help with this issue,
TM


__________________
NJ Landlord for 5 years
MaryWilson

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Posts: 1
Reply with quote  #2 
A wage execution is a process under which money owed or paid to a borrower is given to a creditor instead. Wage executions generally require a court order, and they can destroy a person's credit rating. It is important to note this content that not all things can be garnished; laws set forth the exemptions. Usually, laws prohibit garnishing a person's assets to the extent that they leave the borrower with no way to support himself or herself.
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