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OVERVIEW: A money judgment is a legal right to money damages. The judgment will not however on its own force the debtor to pay you. Chances are that a judgment will do nothing for you but collect dust unless you protect your rights and do something to enforce payment. Advice can be supplied to you for an action plan and help you cash in your judgment. Many options may be available to you including foreclosure, garnishment and levy. The available options vary depending on the facts of your unique case.
To begin this process, Russell Law Offices can take steps to make sure that your judgment is recorded and that a judgment lien has been filed on your behalf. Thereafter, we can assist you with investigating the assets and income of the judgment debtor. Through the Court, this office can submit certain questions and document requests to the debtor to determine the debtor’s property and income. If needed, a deposition can also be scheduled for the debtor to appear in our office to answer questions under oath. Provided that the debtor agrees to pay, we can draft a payment plan for the debtor to sign that outlines the terms of payment. After payment is received, this office can prepare a satisfaction of judgment for the case.
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