Handling Your Post-Judgment Files
1 hour 30 minutes
Learn procedures relating to post-judgment files as well as collection of money judgments and steps to take in order to locate assets of a judgment debtor.
This material will cover the laws and procedures relating to collection of money judgments, including an explanation as to the steps a judgment creditor can take to locate assets of a judgment debtor and the court procedures available for attaching a judgment debtor’s real or personal property. This topic will also discuss how a debtor’s bank account and/or wages can be applied toward payment of the judgment debt. Additionally, the impact of bankruptcy on the rights of a judgment creditor will be analyzed.
This topic will benefit lawyers engaged in creditor rights and collection as well as paralegals who assists those attorneys. The material is also appropriate for collection agencies and original creditors who resort to a court action for collection of debts.
• You will be able to explain the procedures for executing on a judgment by levying on real or personal property.
• You will be able to recognize the specific rules relating to attachments on joint property.
• You will be able to describe the alternative remedies and procedures available to a judgment creditor who is unable to attach wages or bank accounts.
• You will be able to identify the steps that a judgment creditor can take to satisfy a judgment.