Topic: Judgement Collection
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Answers to Common Questions
How to Collect a Judgement?
The laws that surround the process of collecting on a judgment vary from one state to another. To find out the laws in your area, contact a local attorney or your closest court house. Read More »
Source: http://answers.ask.com/Business/Finance/how_to_collect_a_judgemen...
What is a Collections Judgement?
A judgment is usually the last step in attempting to collect money. If you are awarded a judgment and are trying to collect money you have an number of options available, possibly including wage garnishment. Read More »
Source: http://answers.ask.com/Business/Finance/what_is_a_collections_jud...
How to Collect on a Judgement in Illinois
A judgment is a court order declaring that a defendant legally owes money to a plaintiff (the person who filed the lawsuit). Obtaining the judgment is frequently just the first step in collecting the money that is owed. In Illinois, there a... Read More »
Source: http://www.ehow.com/how_7385989_collect-judgement-illinois.html
More Common Questions
Answers to Other Common Questions
Patience: Typically you have to give them approximately three weeks after the verdict to voluntarily pay the debt, then you can take steps to collect. Wage Garnishment: If you know where the defendant works, you can often garnish their wage...
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Source: http://www.ehow.com/how_4552871_collect-debt-judgement.html
Default judgments usually are monetary awards given to the plaintiff (the party that filed the lawsuit) when the defendant fails to appear in court. However, defendants can fight default judgments, such as by demonstrating that they did not...
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Source: http://www.ehow.com/how_5597773_collect-federal-default-judgement...
Winning in small claims court is only half the battle. Nationally, 79 percent of small claims judgment debts are never recovered. Many judgment debtors, the losing party, prove "judgment proof," meaning they are unable to pay due to extreme...
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Source: http://www.ehow.com/how_4662447_collect-small-claims-judgement.ht...
If a creditor has obtained a debt collection judgment against a debtor, the creditor may implement any of the following to be able to collect on the debt owed: 1) Garnish wages 2) Levy bank accounts 3) Seize property or put a lien on the de...
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Source: http://wiki.answers.com/Q/What_is_a_debt_collection_judgement
First be sure the judgment is docketed in the state docketed judgment index, so that it becomes a state-wide lien on all the defendant's real property in the state. Next serve the defendant with an Information Subpoena. This is a list of wr...
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Source: http://wiki.answers.com/Q/How_do_you_collect_on_a_court_judgement
The court will try and contact you via mail, but they do not need proof that you were contacted, and you do not have to be present in order for your creditor to win. The creditor only has to provide proof that the debt is owed. You want to ...
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Source: http://wiki.answers.com/Q/How+long+is+a+judgement+collectable
Do a little research and see if you are up to the time and effort required to chase and collect. Depending on the money involved, you may just want to contact a judgement recovery service. These people are usually experts in the field and w...
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Source: http://wiki.answers.com/Q/How_do_i_collect_on_a_landlord_tenant_j...
