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Judgment,
Now What?
Now that the Court has ruled that you
have a valid debt which is due and owing, you must now collect the
judgment. It is time to buckle down and get your money.
With a judgment in your favor, we have the authority
to really catch the eye of the debtor.
We attempt to
collect on judgments with the same ease and swiftness that
we obtain them. Our position is to collaborate with
you to formulate a refined course of action and execute it
seamlessly.
The flexible outline that we generally follow goes
like this:
 | Investigation:
Think of Investigation like a
background check. We need to know where the
debtor lives, with whom he or she resides and any
other pertinent facts that may help in the
acquisition of your money. We begin our search
the most cost-efficient methods, such as checking databases of public information like
driver's licenses, deeds, telephone records, car
registrations, marriage licenses, etc. Some
cases, however, are not that simple and warrant the
use of various investigators; not to worry though,
we are careful to analyze each situation individually
to be certain that the added expense is necessary.
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| Post-Judgment
Deposition:
At this point, we generally question the
debtor and some times the debtor's spouse, employer,
or any other person who may be able to give us
insight on the situation. At the deposition we
will also request specific
documents
that the debtor must produce.
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| Abstract:
An abstract codifies the judgment that you received
in court. An abstract is always filed immediately after
obtaining the judgment in the county where the
defendant lives or where we know he owns property.
A short time later, we will file an abstract in every county
that we think
that there is a potential for acquiring
property. Generally, an abstract is filed in
the counties with known relatives or close
friends. This insures that a debtor cannot
"come into money" without us being
alerted.
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Writ of Execution: This is an order of the
Court to any constable in the state of Texas
ordering him to execute
(collect)
on any non-exempt assets.
For a general description of those assets that are
exempt from execution, click here.
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| Writ of
Garnishment:
A Writ of Garnishment is
essentially an order from the Court to any third
party to relinquish any properties of the debtor
over to the court. Nevertheless, there
can be some unforeseen obstacles with this method,
so we should have a serious discussion about your
particular situation before jumping in.
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| Turnover
Proceedings: Turnover
Proceedings are and extreme measure taken by us
where we ask the court to order the debtor to
"turnover" specific assets. Due to
the acute
and costly
nature, these proceedings are usually reserved for
larger cases.
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