How to Collect on a Judgement: Factors to Consider
While collecting monetary damages from judgment debtors can be difficult, it is by no means impossible. The good news is, with a little patience and research, we can help. With our help it is surprisingly easy for us to show how to collect on a judgement
The civil court system in the U.S. has a history of helping people who have been wronged to gain justice. This is especially through monetary judgments. While the system makes it easy for aggrieved parties to sue others, it doesn’t make it so easy for the aggrieved parties to collect the money that has been awarded to them. This situation has led to the creation of a large class of people who are known as judgment creditors, people who have presented legal proof that they deserve monetary damages, but who have also found it difficult to collect on their debts from judgment debtors, or those who owe the money.
How to Collect on a Judgment
There are many effective ways to go about collecting a court-ordered judgment, including the following methods.
- Ask the Judgment Debtor Directly. While this method may seem simple at first glance a surprising number of judgment debtors will pay what they owe if they are asked politely. This is especially true if they are informed that their unpaid debts may affect their credit ratings. It may be wise to offer to create a payment plan that doesn’t create hardship for the debtor.
- Apply for a Writ of Execution. Obtaining writs of execution can give the judgment creditor the right to ask law enforcement help. You can have them seize and sell the debtor’s property in order to pay off outstanding judgments.
- Garnish Wages. Another effective method for collecting judgments is to ask the relevant court to appropriate a portion of the judgment debtor’s income. Garnished wages can help in order to pay off the outstanding debt.
There are certainly other ways for judgment creditors to collect outstanding debts. Those creditors who apply the tactics mentioned above stand a very good chance of eventually recovering the money that they are owed. Let us know if you want help on how to collect on a judgement.
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