This is a model Judgment form, a Judgment Debtor^s Statement of Assets. The form must be completed to fit the facts and circumstances of whatever judgment the court has rendered. When signed by the Judge, the judgment becomes binding. USLF control number CA-SC-133
California Judgment Debtor's Statement of Assets
State:
California
Control #:
CA-SC-133
Format:
PDF
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How to fill out California Judgment Debtor's Statement Of Assets?
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FAQ
While you technically can't be arrested for failing to pay a debt unless it's a court fee or fine, child support, or tax debt, debt collectors can and will try to have you arrested for contempt of court.
A statute of limitations is a law that tells you how long someone has to sue you. In California, most credit card companies and their debt collectors have only four years to do so. Once that period elapses, the credit card company or collector loses its right to file a lawsuit against you.
California has a statute of limitations of four years for most types of debt (20 years for state tax debt). The only exception are debts taken on via an oral contract, which are subject to a statute of limitations of two years. Be careful about paying or promising to pay debts that exceed the statute of limitations.
The new checks cannot be garnished to pay back taxes, child support, or outstanding student loans. But unlike the last $600 check, this latest round is not protected from debt collectors to pay for past-due credit card debt or medical costs -- provided there's a judgment against you first.
California has a statute of limitations of four years for most types of debt (20 years for state tax debt). The only exception are debts taken on via an oral contract, which are subject to a statute of limitations of two years. Be careful about paying or promising to pay debts that exceed the statute of limitations.
The Bill of Rights (Art. III, Sec. 20 ) of the 1987 Charter expressly states that "No person shall be imprisoned for debt..." This is true for credit card debts as well as other personal debts.Romel Regalado Bagares, non-payment of debts are only civil in nature and cannot be a basis of a criminal case.
ORAP is a procedure which is known to be quite helpful during bankruptcy proceedings, especially to your creditors. ORAP is called order for appearance and examination of judgment debtor.ORAP is a form of action which any potential creditor can take against you.
Debt collectors may not be able to sue you to collect on old (time-barred) debts, but they may still try to collect on those debts. In California, there is generally a four-year limit for filing a lawsuit to collect a debt based on a written agreement.