Winning a judgment in a court of law is oftentimes expensive and difficult. Collecting on a court judgment can even be more taxing on your finances and time. But it’s not all bad news...
There exits an inexpensive and effective way so that you can get what is owing to you. And this is especially so when it comes to finding the best legal forms, help and advice that you possibly can.
These days it’s not unusual to secure the services of a legal professional only to find out later (after expending a great deal of effort, time and legal costs) that you could have collected on the court judgment if you’d only known about a very simple way of guaranteeing payment.
THE CHECK METHOD
What’s more this simple method won’t take up too much of your time and money to make it work.
Here is a fast, cheap and highly-effective method you can use to collect on a court Judgment if you accept regular checks from companies or even one-person enterprises in the course of conducting day-to-day business transactions.
If you use the following information wisely it can save you MUCH time, money and aggravation. However, you MUST follow these following steps exactly as set out below in order to insure you wind-up collecting on the court Judgment.
Here's what you need to do.
Each and every time you receive a personal (and/or business check or certified bank check) take a few minutes and **photocopy** the check before you actually deposit it in your bank.
Why, photocopy the check?
Because, if one day, they run-up a sizeable account balance and for whatever reason decide not to pay you, then you may be forced to file suit against them in order to get back what is owed to you. Once you've gotten a judgment against them, put the following into immediate action.
WRIT OF GARNISHMENT
One of the BEST legal ways you can collect on a judgment is to obtain something called a writ of garnishment, which is an order from the court that requires the debtor's bank to give you the money in the debtor's account to pay the judgment.
However, you can only use this manoeuvre if you know what bank the debtor uses.
It's not necessary to incur additional legal costs (and attorney fees) in the attempt to gain this information because you have a copy of one of their checks already on file. This method of having a copy of their check already "on file" is simply much faster, easier, and a whole lot cheaper.
By using this simple but effective legal forms strategy you can (in most cases) arrange for the garnishment to be issued on the same day that the judgment was entered.
IMPORTANT: Make a photocopy of your customer's checks and place them in a special folder or file. You may never need to use it, but if you do, you'll be in a strong legal position to get hold of your funds without delay and further costs.
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