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Finding the money after a judgment: Using a supplementary process to locate hidden assets

Collections Law

You’ve gone through the trouble of obtaining a judgment against a debtor, yet here you are, now facing the frustration of having to find money to collect. By utilizing aggressive, relentless and innovative tactics, ethically allowed under Massachusetts laws, we help clients collect unpaid judgments. Sound familiar?

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CNN interviewed Jocelyn Nager New York Debt Collection Lawyer

FFGN COLLECT NY

At the time of the interview, Press had indicated that it may not be possible for the former President to bond the State’s almost Five Hundred-Million-dollar ($500,000,000.00) judgment. If the bond cannot be posted and execution of the judgment is not stayed, the judgment can be enforced here in New York and elsewhere.

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What is a Judgment?

Credit Corp

A judgment is an order issued by a court of law. The company, creditor or collection agency has legal ways to pursue payment. If they are successful, the court issues a judgment against you. What Happens After a Judgment Is Entered Against You? You should receive a notice of the judgment entry in the mail.

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What Is a Judgment?

Credit Corp

A judgment is an order issued by a judge or jury to settle a lawsuit. In this case, the judge may order you to pay the other party as part of the court’s final judgment. The order can be issued in one of two forms: A monetary judgment: A judgment that orders one party to pay the other party a specific amount of money.

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My debtor is doing business as normal, even though he owes me money. What can I do?

Collections Law

You have a judgment in hand, yet your debtor seems unfazed, conducting transactions and collecting payments without a second thought to what they owe you. A reach and apply injunction can help you collect on an unpaid judgment by making sure that your debtor cannot continue to ignore their financial obligation to you.

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5 Steps to Fight a Credit Card Lawsuit

Credit Corp

the creditor wins the lawsuit, you may face serious financial repercussions. Failing to respond can result in default judgment, allowing the creditor to take action by seizing your assets or withholding your wages. H3: Negotiate a Settlement Another option is to discuss a settlement with the creditor or debt collector.

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How to Remove Civil Judgments From Your Credit Report

Better Credit Blog

In my recent experience, it’s not hard to remove judgments from your credit report as long as you follow the proper steps. Many readers assume it’s impossible to have the credit bureaus remove civil judgments because they involve the court system. It’s still possible you could see a judgment pulling down your credit score.