My jurisdiction is: CA
I had a General Contractors lic. (sole prop) A dispute led to an arbitration award to the consumer in the amount of 50k. In addtion to that I owe the bond company 10k and a labor award of 7k. I lost everything during the downturn including the business. I can't pruduce enough income to pay these debts. All of these amounts have turned to judgements due to non payment. I won't realistically be able to pay on these for the next 10 to 14 months. I don't own a home, and have no assets. My questions are as follows;
1) How do I avoid further legal action for the near future.
2) How can I protect my wifes income from liens, or garnishments? She is
partially disabled, on fixed income.
I had a General Contractors lic. (sole prop) A dispute led to an arbitration award to the consumer in the amount of 50k. In addtion to that I owe the bond company 10k and a labor award of 7k. I lost everything during the downturn including the business. I can't pruduce enough income to pay these debts. All of these amounts have turned to judgements due to non payment. I won't realistically be able to pay on these for the next 10 to 14 months. I don't own a home, and have no assets. My questions are as follows;
1) How do I avoid further legal action for the near future.
2) How can I protect my wifes income from liens, or garnishments? She is
partially disabled, on fixed income.