Recovering a judgement can be a difficult thing as the person or firm who owes your money can keep on making excuses for not giving your amount back. However, here are a few tips from Los Angeles judgment collections specialists, which can work for you in collecting your judgement easily.
- Forbid Illegal Ways for Collection
When you win a case, the losing party may owe you some money. They are also called debtors. Because it is a matter of the court, you should avoid illegal, unfair or deceptive techniques to have the debtors pay you. They may be protected and can nullify the debt. In an attempt to recover your judgement, don’t force them to pay you, don’t make false statements or lie, don’t ask a third person who has nothing to do with the process about the location of the debtor and don’t threaten the debtor.
- Ask for the Whole Amount to Be Paid at Once
Ask your debtor to pay the lump sum amount so that there is no prolonging in the relationship, many Los Angeles judgment collections specialists recommend. Write to your debtor and tell him about the forms of payment that you can accept and if they agree to pay all at once, you can consider a little discount to encourage them and be done with the matter.
- Include a Payment Plan
If the debtor cannot pay full payment at once, make a reasonable payment plan for them.Hire Los Angeles judgment collection recovery specialists for that. Make the plan more feasible so that they would agree. Once the terms and conditions have been met and the document is signed, file the document into the court.
- Make the Court Find Your Debtor’s Money
If the debtor is not paying you, take help of the court to find their assets. The court will have them interrogated and will find the location of their assets. If they don’t pay you in cash, you can seize the valuable items or assets they have in their possession with the help of Los Angeles judgment collection recovery specialists.
- Hire a Lawyer or Agency
If your debtor is thick to the core and wouldn’t pay up nor
LOS ANGELES JUDGMENT COLLECTIONS SPECIALISTS would he agree to the terms of the payment plan you drafter, you can hire lawyer or Los Angeles judgment collection specialists to do the work. Of course, you will have to pay a small amount of the judgement to the agency or lawyer you’re hiring but it will save you from most of the stress and legal work.
- Wait for the Opposing Party to File and Appeal
The losing party has a right to appeal after losing the case. Most of the time it’s 30 days so you can’t file your judgment before that. If you do, it won’t be official. Wait for the time to pass and let them file an appeal. You will just bother the judgement debtor and you can pin them into filing an appeal even if they aren’t considering it. Usually the debtor doesn’t have to pay for the time their appeal is pending.
There are a lot of times where the debtor is very corporative but other times, they can be very rude and would refuse to pay up and make excuses. Follow these steps to ensure the collection of your judgement. If nothing works, your best option is Los Angeles judgment collection specialists.
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References:
- https://www.nolo.com/legal-encyclopedia/tips-collecting-judgment-29479.html
- https://www.wikihow.com/Collect-a-Court-Ordered-Judgment
- http://www.courts.ca.gov/1178.htm
- https://litigation.findlaw.com/filing-a-lawsuit/after-a-judgment-collecting-money.html
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