I'm sorry to hear of your dilemma.
A creditor may lien your property, or they may seek to attach it and have it sold to satisfy the judgment.
Vehicles also may be attached and sold. Making payments is not sufficient to prevent a Writ of Attachment
from being carried out, I'm afraid, unless the judgment creditor
agrees to it. However, in most cases where the creditor has had to go through the process of suing you to get a judgment---they generally just do what is necessary to get their money right away.
Typically what happens is that the judgment creditor applies to the court for a writ of attachment and gives it to the local sheriff to serve on you. You are given the opportunity to list the property that you want sold at auction to pay off the debt. You are allowed certain exemptions
which may not be taken from you under NC law. The statutory exemptions provided under § 1C-1601 of the North Carolina General Statutes include the debtor and his dependent's aggregate interest or value in real property or personal property used as a residence, or in a burial plot, not to exceed $10,000; any property not to exceed $500, one motor vehicle not to exceed $1,500, household furnishings, household goods, wearing apparel, appliances, books, animals, crops, or musical instruments, that are held primarily for the personal, family, or household use up to $3,500 for the debtor plus $750, but not to exceed $3,000 in total, for each dependent, any implements, professional books, or tools of the trade of the debtor or the trade not to exceed $750, life insurance
proceeds, professionally prescribed health aids, compensation for personal injury
or for death, but such exemption is not exempt from claims for funeral, legal, medical, dental, hospital, and health care charges related to the accident
or injury giving rise to the compensation, individual retirement accounts qualified under Section 408(a) of the Internal Revenue Code, individual retirement annuities qualified under Section 408(b) of the Internal Revenue Code, and accounts established as part of a trust described in Section 408(c) of the Internal Revenue Code.
I wish you well in 2011.
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