How Do You Collect A Money Judgment?
Ever have to sue someone for a debt they owe you only to find it is easy to win in court and very difficult to get the debtor to pay you? I am assuming you already have sued the debtor and won. Please be aware I am not an attorney and you may chose to consult one if your case gets too complex. Much of the process in collecting on your money judgment will hinge on what you know about your debtor. You need to discover your debtor’s place of employment, where they are banking, what assets they have that are unencumbered, or any other source of income they may have. When you have a money judgment against someone you will want to garnish their wages, seize the money in their bank accounts, file liens against assets and seize any other income they may have to satisfy the judgment. Finding the debtor’s place of employment, bank accounts and locating assets can be a challenge but there are several ways to accomplish this. Many times the debtor will have prior court cases against them. Check th
