Tag: debt collection

You have taken another party to court and won a sizable money judgment. Now it’s time to collect on that judgment. The debtor’s attorney contacts you and offers immediate payment if you agree to accept less than the full amount. What should you do? Should you accept the deal or hold out...

Upon winning a money judgment, a creditor has a couple of options for collection. The creditor can choose to collect in-house or turn collection over to another party. That other party could be the creditor’s attorney. Here is the million-dollar question: is the attorney the best choice for...

In our business, we work with clients who have taken other parties to court and successfully sued them. Many of our clients originally filed debt collection lawsuits against debtors who failed to pay what they owed. The big question is, why sue? In simple terms, a civil lawsuit takes debt...

Collecting a money judgment is not the easiest thing in the world to do. Fortunately, judgment creditors have a number of tools at their disposal. One of them is the writ of execution. But like any other tool, there are right and wrong ways to utilize writs of execution. Using them right way tends...

You have won a civil judgment that includes a monetary award. Now it’s time to collect. Unfortunately, you are not confident that you will see every dime you are owed, if you see anything at all. What should you do? Such scenarios are not all that uncommon. Collecting money judgments is not...

On any given day, there are judgment creditors all over the country trying to work with debtors to collect payment. Some are more successful than others. All of them face challenges of one type or another. The fact is that collecting a judgment is rarely as simple as extending one’s hand to...

Garnishment is a tool commonly used by judgment creditors around the country to ensure payment from their debtors. But if you are a regular reader of our blog, you know that states treat garnishment differently. Take Washington state. Their garnishment rules are a little bit peculiar. If you are...

Every now and again we mention statutes of limitation in a blog post. Any such mentions refer to the amount of time a judgment creditor has to collect on a money judgment. Suffice it to say that there aren’t many states – if there are any at all – that allow creditors to continue...

Have you recently become a judgment creditor for the first time? If so, you are probably elated to have won your case. Now you are looking forward to collecting the monetary award and then putting everything behind you. We wish you well. However, do not expect an easy ride. Judgment collection...

Do you have an outstanding judgment you have been trying to collect for quite some time? Or perhaps you just won a civil lawsuit and collection efforts have not yet begun in earnest. Either way, we would like to offer you a proposal: instead of trying to collect yourself, consider partnering with a...