When you can’t pay your debts, your creditors can take legal action against you to recover the money you owe. Your creditors will often file a lawsuit against you. If your creditor obtains a judgment against you they will be able to take action to enforce that judgment. This can include wage garnishments or seizing money from bank accounts.

What is a Judgment and What Should I do Now?
When you can’t pay your debts, your creditors can take legal action against you to recover the...