If you've won a court judgment but the other party still hasn't paid, it can be frustrating and time-consuming to try to collect what you're owed on your own.
That's where our comprehensive post judgment collection services come in. We have extensive experience in enforcing a variety of judgments, including money and civil judgments. Our team of skilled collection professionals will work with you to develop a customized plan to enforce your judgment and recover the funds owed to you.
We understand that each situation is unique, and we tailor our approach to fit your specific needs. We begin by analyzing the assets of the judgment debtor, such as property belonging to, and financial situation to determine the best course of action.
This may involve filing legal documents, such as writs of execution, or pursuing other collection methods such as wage garnishment, bank levies, or the seizure of personal property such as real estate. Our goal is to maximize the recovery of funds owed to you in the most efficient and effective manner possible.
Judgment collection is the legal process of enforcing a court judgment and collecting the funds owed by the losing party, who is referred to as the judgment debtor, to the winning party, who is referred to as the judgment creditor. This process typically begins when a judge issues a judgment in favor of the judgment creditor, ordering the judgment debtor to pay a specific amount of money.
However, even after a court judgment has been issued, the judgment debtor may still refuse to pay the amount owed to the judgment creditor. This is where the enforcement of a judgment comes in. Collecting a judgment involves using various legal methods to enforce the court's judgment and compel the judgment debtor to pay the funds owed to the judgment creditor.
The judgment debtor may owe money to the judgment creditor as a result of a variety of legal disputes, such as breach of contract, personal injury, or property damage. Regardless of the type of legal dispute, our team of experienced collection professionals will work with you to develop a customized plan to enforce the judgment and recover the funds owed to you.
Once a judgment is entered, the court directs the parties to take certain steps to enforce the judgment. The judgment creditor has the responsibility of initiating the collection process and taking steps to recover the funds owed. The first step is typically to serve the debtor with a legal document such as a writ of execution or a notice of garnishment. This document informs the debtor that they must comply with the court's order to pay the amount owed or face legal consequences.
The judgment debtor is responsible for complying with the court's orders and paying the amount owed. Depending on the jurisdiction and type of judgment, the process to collect may involve the county sheriff, financial institutions, employers, or other parties. For example, if the judgment creditor is seeking to collect a judgment lien on the judgment debtor's real property, the county sheriff may be responsible for recording the lien and executing the sale of the property to satisfy the judgment.
If the judgment debtor has bank accounts or other financial assets, the judgment creditor may seek to seize these assets to satisfy the judgment. The judgment creditor can request that the court issue an order to freeze the judgment debtor's accounts at their financial institution other assets until the judgment is satisfied. If the judgment debtor is employed, the judgment creditor may be able to garnish the debtor's wages or other income to satisfy the judgment.
In some cases, the judgment debtor may file for bankruptcy or claim that certain property is exempt from collection. In these instances, the judgment creditor may need to electronically file additional legal documents or attend court hearings to continue the process of collection.
Judgments can take various forms, such as money judgments, property judgments, and judgment liens. The type of judgment obtained can influence the process of collection. For instance, in the case of a money judgment, the creditor can request that the debtor's accounts be garnished, or their wages be withheld until the debt is paid off. This approach can be especially useful if the debtor has a steady income stream, such as a regular job.
Another strategy involves seizing the judgment debtor's personal property or real estate to satisfy the judgment. In this instance, the court might direct the county sheriff to seize and sell the debtor's assets to generate funds to repay the debt.
Judgment liens are also another option. They prevent the debtor from selling or refinancing their property until the judgment is satisfied. It gives the creditor a legal claim to the debtor's property as collateral until the debt is paid in full.
If the judgment debtor fails to comply with the court's orders, such as failing to pay the judgment amount, the creditor can file a motion for contempt, requesting that the court punish the debtor for their disobedience. The court can order the debtor to pay additional fees, fines, or even jail time.
Our judgment collection services include a range of solutions designed to help you collect the money you're owed. We have experience working with district and federal courts, as well as bankruptcy courts, to enforce judgments and recover funds. Our services include:
We have years of experience helping clients collect the money they're owed through our judgment enforcement services.
Our team of experts understands the legal complexities involved in debt collection and will work tirelessly to ensure you get the money you're owed.
We also provide personalized support every step of the way, including real-time updates on your case and ongoing communication to answer any questions you may have.
Contact us today to book your FREE quote and talk to our experts regarding your case on call.
We promise you won’t regret doing business with Judgment Solutions.