What is a Judgment?
When you go to court and win, you will get a copy of the court’s judgment. This will show the amount of money the losing party must pay you. This party is referred to as the “judgment debtor,” and you are known as the “judgment creditor.”
The judgment itself is essentially a court order marking the decision in a lawsuit. There are many powerful tools that we are able to imploy when collecting a judgment for you.
4 Types of Judgment Enforcement
Empire Collections Agency will utilize all tactics possible in order to get you paid the money you are owed. Often times a judgment creditor finds that simply winning the lawsuit does not ensure money. It is at that time that they will need a collections agency to enforce the judgment. Here are some types of judgment enforcement that are common in the collections field.
- Seizure of Property
- Wage Garnishment
- Bank Levy
- Automobile Repossession