Author: webtek
August 16, 2024
Attempting to collect from a judgment-proof debtor is the stuff of nightmares. But believe it or not, there may be a worse scenario: attempting to collect from a debtor who is facing claims by multiple creditors. Trying to stake a claim in the midst of multiple creditors is one of the hardest...
Read MoreAugust 9, 2024
Wouldn’t it be nice if every civil lawsuit resulting in a money judgment were wrapped up quickly and quietly with immediate payment? Yes, it would. But then Judgment Collectors wouldn’t exist. No one would need our judgment collection services. The fact that we are so busy is evidence...
Read MoreAugust 2, 2024
Did you know that money judgments can go dormant? Dormancy is not an issue in every state that Judgment Collectors is active in, but it is an issue in Ohio. We feel it is important enough that judgment creditors consider it as they develop their collection strategies. Allowing a judgment to go...
Read MoreJuly 12, 2024
Missouri is one of the many states Judgment Collectors is active in. We help Missouri judgment creditors find, make contact with, and encourage their creditors to pay what they owe. One of the things we rely on is information gleaned by our clients during what is known as ‘discovery in aid of...
Read MoreJuly 5, 2024
It is not unusual for us to be asked about the types of cases we normally work on. From our perspective, it’s less important why a client won a money award and more important that the client actually collects. Yet we understand the sentiment. Potential clients want to know that we are...
Read MoreJune 11, 2024
As you undoubtedly know, obtaining a money judgment and collecting it are two separate things. Obtaining is generally the easier of the two tasks. Collecting is much harder due to legal standards that limit a judgment creditor’s actions. Such is the case in Kentucky, where changes enacted...
Read MoreJune 10, 2024
We recently published a post describing the legal options a judgment creditor in Michigan has for collecting a judgment. Those options include garnishment. In a broad sense, garnishment is the process of taking a portion of a judgment debtor’s income or financial assets to pay their debt....
Read MoreJune 7, 2024
You have gone to civil court and successfully obtained a money judgment against another party. Now it is time to collect the money judgment. When a monetary award is involved, enforcement is essentially collection. It sounds simple enough, but is it really? And what do you need to succeed? The vast...
Read MoreJune 5, 2024
Are you planning to file a civil lawsuit in the state of Georgia? Have you already sued and won, and now face questions about how you are going to collect? In either case, it helps a lot to understand some of the basic terminology. Take the term ‘post-judgment discovery’. It is an...
Read MoreJune 3, 2024
It used to be that monetary judgments were reported by credit reporting agencies (CRAs). As such, unpaid judgments could significantly damage a person’s credit score, thereby making it more difficult to get a mortgage, car loan, etc. That is no longer the case since CRAs do not report most...
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