Labor Board Judgment
Ensure your Labor board judgment is enforced
When a labor board agrees with you and a judgment has been held against your employer or former employer, it feels good. However, the Labor board judgment is just the beginning. The ability to actually enforce your judgment, and obtain your money, can still be difficult.
Often, enforcement can fail due to a technicality. A Labor board judgment is only enforceable against the legal entity named in the judgment. Some employers may do their day-to-day business under one company name, but their formal legal name is different. If judgment was not filed using the legal name of the employer, obtaining payment can be difficult.
Similarly, an employer may go out of business before the judgment is enforced. Or if the judgment is against a subsidiary of a larger company, the employer may close that subsidiary and transfer operations to a different subsidiary. In either scenario, the company named in the judgment no longer exists to issue the payment.
Even if the employer continues to operate, payment may be difficult if the employer files for bankruptcy. You become one of many creditors of the company, and may be forced to delay receipt of your money. In some instances, there may be too many creditors for you to receive full payment, and you many receive only a portion of the judgment.
Unfortunately, there are also employers who just refuse to pay judgments. When an employer refuses to pay for any reason, you must spend more time and incur personal expenses to work with the police or the courts to enforce the judgment.
You can ensure you receive payment for the judgment, and that you receive it quickly, by transferring the judgment. By selling your rights to the judgment, you receive immediate cash and the enforcement of the judgment is left to a specialist. You are free from the time, effort, expense and stress of contacting the employer yourself. Start enjoying the money for which you had already worked so hard!
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