Category: Michigan
June 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 MoreAugust 24, 2023
Filing judgment liens is one of the major debt collection tools judgment creditors in Michigan have at their disposal. A judgment lien establishes a legal and financial interest in a piece of real property owned by the debtor. The lien prevents the debtor from selling the property without using the...
Read MoreAugust 22, 2023
The general rule among states regarding the length of time judgment creditors have to collect places a statute of limitations on judgments. Michigan is no exception. Their statute of limitations is 10 years. However, that does not mean failing to collect within the 10-year period brings a judgment...
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