What Assets Can’t Be Seized to Pay an Outstanding Judgment?

It is common knowledge that creditors and judgment collectors can initiate proceedings to seize personal property as a last resort enforcement option. However, asset seizure is tricky business. It is tricky because the laws governing what can and cannot be seized differ from one state to the next. Judgment Collectors operates in multiple states. As such, it's not possible for us to provide a static list of assets you could and could not seize to collect an outstanding judgment. That said, there are a number of assets that are off limits in a good number of states. A few of them are listed below. As you read, please bear in mind that the la...

Published March 21, 2023

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Time Is Precious – Don’t Spend it on Debt Collection

Small business owners are among the hardest working people in America. They put in countless hours to keep customers happy and the office humming along. The one thing nearly all of them have in common is too little time to get everything done. Time is precious to a small business owner. It shouldn't be spent trying to collect outstanding judgments or debt collection in general. As judgment collection specialists, our job is to put in the time it takes to get things settled. We don't mind putting in the time because judgment collection is what we do. But it is probably not what you do, at least professionally. So let us handle those judgmen...

Published March 17, 2023

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What Distinguishes Judgments from General Debts?

Debt collection is a pretty broad topic. Run an internet search on the phrase and you will find enough information to keep you busy for a long time. As for judgment collection, it is a bit more specific. That's important to us for the simple fact that we are not general debt collectors. We specialize in collecting judgments. Judgments are all we do. Perhaps you are wondering what distinguishes judgments from general debt. There are lots of little things, but the biggest difference is the legal status given to a judgment. Once you understand that legal status, it is easier to understand the implications of collecting judgments as opposed to...

Published March 14, 2023

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When You’ve Given Up on Collecting, We’re Just Getting Started

We have been providing judgment collection services long enough to know that some cases can take a long time to resolve. Collecting on judgments is definitely a long-haul prospect. So much so that many first-time clients come to us after having given up on their own efforts. That's when we are just getting started. Maybe your accounts receivable team has given up on a couple of judgments after trying for a year and getting nowhere. Perhaps you've been at it two or three years. Regardless, we are just getting warmed up when others are giving up and walking away. Every case we take comes with a long-term commitment. We are in it to win. We ...

Published March 7, 2023

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Yes – Creditors Are Free to Accept Payment as They See Fit

Regular readers of our blog know full well that enforcing a judgment is a creditor's responsibility. Courts rarely get involved in enforcement. As a result, creditors are not required by law to accept any particular type of payment or a payment in any amount. Creditors are free to accept payment as they see fit. All a civil judgment does is render a decision in a civil case. It determines the winner and loser, as well as how much the loser must pay. Yet there are no built-in enforcement mechanisms that would allow a civil court to enforce a judgment in the same way a criminal court enforces a guilty verdict. What does all this mean? In ...

Published February 28, 2023

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Should Companies Prepare for a Civil Case That Never Comes?

Preparation is a normal part of life. People prepare for retirement by putting away financial resources. Parents prepare for a new baby by getting the nursery ready. We are so used to preparing for things that we don't even think about doing so. We just do it. So why do business owners fail to get ready for a potential lawsuit that could be coming down the road? Being that Judgment Collectors specializes in collecting unpaid judgments, the remainder of this post will focus on civil lawsuits. These are lawsuits that result in the very judgments we are hired to collect. It is our firm belief that companies should be prepared for such cases e...

Published February 28, 2023

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