What Does it Mean to be Judgement Free?

If a company successfully brings a lawsuit against you and receives a signed judgement from the court stating that you do in fact owe them a certain amount, they have additional steps they must take to claim their judgement. Depending on both federal and state laws that are applicable to your personal situation, there are laws that protect certain types of your assets from a party seeking to collect on their judgement. Watch the video for more detail.