Which Judgment Enforcement Method To Choose? And Why?

admin — Sun, 02 Jun 2019 03:45:17 +0000

Which Judgment Enforcement Method To Choose? And Why?

Why the Wage Garnishmen-Abstract and/or Bank Levy first? Well, these are current assets and may not be around for long. As a general rule, judgment debtors’ lifestyle may be transient; in the sense that they may jump from job to job or from bank to bank. If you know where your judgment debtor banks or works, we suggest that you promptly execute on these assets. Further, these two methods normally yield payment faster than other judgment enforcement methods.

The Judgment Debtor Examination is an excellent strategy if you are unaware of any assets to execute on. You may have already hired an Asset Investigator and were not successful in finding any bank accounts or employment. Or, you are not interested in hiring an Investigator to search for assets. If you employ this method, you will have to have a current address for the Judgment Debtor. The Judgment Debtor Examination is required to be personally served (substituted service is not allowed). Most judgment debtors are unaware that if they are legally served and do not appear at the hearing, the Judge may issue a bench warrant.

Filing a property lien on the Judgment Debtors real property is a terrific “medium to long term investment”. Why? Well once your lien is successfully placed on the property, you may have to wait years to collect. Assuming that a piece of real property has enough equity, you as the judgment creditor will not be paid unless the judgment debtor sells or refinances the property. Keep in mind that your California Judgment continues to collect 10% per annum interest. Over the years, I have received many calls from clients overjoyed that an Escrow has contacted them for a payoff amount. Because the cost of filing is lien is minimal, you should know that most collection law firms will automatically file a lien (in one or more counties) once judgment is secured.

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Judgment Collection Attorney

admin — Wed, 08 May 2019 18:07:00 +0000

Reasons To Use A Private Investigator With Their Judgment Collection Attorney

There are many people that believe that a judgment collection attorney is going to solve all of their problems. Through their knowledge of the laws of the land, and the papers that they will file legally, they believe that the judgment will resolve into a payment of the debt owed. Unfortunately, not all of the people that the judgment will be against are going to willingly pay up. Some of them may literally disappear. Finding them can be difficult if they have moved, changed their phone number, or if the email address provided is no longer working. Therefore, there are times when a private investigator will be necessary in order to collect on a debt.

What Do Private Investigators Do?

A private investigator is a highly skilled individual that understands how to track people down. They are capable of accessing physical information, digital information, and can make contacts with many different individuals that will eventually lead them to finding that person. Through years of experience, and their network of contacts with other professionals, they can help trace and find people that are trying to remain elusive. That is why many judgment collection attorneys will work directly with the private investigator to help them locate the people that need to be a debt that is owed.

How Do These Attorneys Work With Private Investigators?

In general, they will often hire a private investigator, providing them with all of the latest information that they have. This is typically the last known address and phone number of the individual in question. The private investigator will then use their sources, contacts, and their skills at locating people to find these individuals by traveling more simply by using their computer. Through their efforts, they can then provide all of this information to the attorney that is in charge of collecting data, eventually helping them to find the individual and process further paperwork it needed for collections.

Can You Just Work With A Private Investigator?

There are certain circumstances where just working with the private investigator will be all that you need to do. If you already know what papers to file, or if you simply need to call someone that is not purposefully trying to be elusive, that information will be given to you through their efforts. On the other hand, if this becomes more difficult to collect the debt, you will certainly need to work with an attorney that is highly skilled at debt collection. In fact, there are thousands of judgments that are issued on a daily basis, and collection attorneys can assist all of these people in obtaining the debt that they are owed. When you have a private investigator working with you, it simplifies the process of finding these people and their correct information.

If you have never worked with a private investigator before, you will see how valuable they are. Within days, they will be able to locate individuals that your attorney may not have been able to find. Attorneys, in general, are there to process legal documents and make appearances in court. On the other hand, a private investigator can extend themselves outward, both physically and digitally, to help you find the people that owe you money. For all of these reasons, consulting with a private investigator, while working with the judgment collection attorney, would be a good combination. But, if you get the right private investigator, they can handle all of this for you so that you can finally collect your debt.

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