Real Title Services
Register
Log In
Forget your Password?

Home
Directory
Bulletins
Forums
Blogs
Articles
Links
Classifieds
About Us
Contact Us
Advertise
FAQ
Privacy Policy


Discussion
<< get older messagesget newer messages >>
to post a message: login - or - register | search messages | show all replies



[+] CRS Dose anyone know them? - Wayne Schutt II/NY (7 replies)
6/25/2007 2:49:14 PM (3163 views)

Crystal Abstract - Susan Nielsen/MN
6/25/2007 11:13:30 AM (2581 views)

[+] Document Storage - Kevin Curtiss/AL (11 replies)
6/24/2007 10:14:36 PM (3043 views)

India Wants Images Taken Offline - David Bloys/TX
6/23/2007 11:02:49 AM (3743 views)

It's Official Now! - David Bloys/TX
6/23/2007 10:42:15 AM (2605 views)




[+] Belated Mother's Day - Jay Duncan/MO (1 reply)
6/22/2007 11:59:23 PM (4138 views)

[+] Another India story.... - Candi Richter/NJ (11 replies)
6/22/2007 10:41:39 AM (3349 views)

[+] Fees for "Rush -Urgent" orders?? - george Hubka/MI (6 replies)
6/21/2007 9:14:35 PM (3274 views)

[+] RE; Title Marketing Rep - Thomas Doubler/OH (1 reply)
6/20/2007 11:27:03 AM (3217 views)

[+] Legal Descriptions - Scott Perry/PA (8 replies)
6/20/2007 9:06:30 AM (3313 views)

[+] ABSTRACTORS A GO GO, LLC - john franz/NJ (2 replies)
6/18/2007 1:10:55 PM (3392 views)

[+] Anybody had a client ask you to do this? - DB/NC (11 replies)
6/15/2007 4:12:15 PM (3367 views)

[+] Theft of All Ohio State Employees' SSN - Pete Kisan/OH (1 reply)
6/15/2007 11:25:01 AM (3395 views)

[+] Lets talk Tech - Wendi See/SC (14 replies)
6/14/2007 11:10:30 AM (3420 views)

[-] Filing judgments against non-paying clients - Danielle Nelson/WI (8 replies)
6/13/2007 12:40:01 PM (3406 views)
Re: Filing judgments against non-paying clients - george Hubka/MI
6/13/2007 1:00:49 PM (5263 views)
Re: Filing judgments against non-paying clients - Kevin Ahern/CT
6/13/2007 1:44:22 PM (5247 views)
Re: Filing judgments against non-paying clients - Kevin Ahern/CT
6/13/2007 2:06:00 PM (5077 views)
Re: Filing judgments against non-paying clients - Danielle Nelson/WI
6/13/2007 5:30:50 PM (5155 views)
Re: Filing judgments against non-paying clients - Kevin Ahern/CT
6/14/2007 6:46:31 AM (5175 views)
If you received 30% of your claim in the bankruptcy you did well. Most of the time unsecured creditors receive far less or nothing. Once the defendant files his bankruptcy petition there is not too much that creditors can due except file their proofs of claim with the court.

Most of the judgment debtors I have gone after were corporations or LLC's. Their most vulnerable assets are their bank accounts and their accounts receivable. In Connecticut we file a motion for examination of judgment debtor after we win the case in which we subpoena the defendant's representative and all of the defendant's financial records. In the case of a corporation that is usually the CEO or the CFO. If the debtor refuses to produce these records, the plaintiff can have him held in contempt of court. If the debtor fails to appear, the plaintiff can have a capias issued for the debtor's arrest and detention until the next scheduled examination of judgment debtor. He could have quite a long wait in the lock up until then.

Several years ago I served a defendant with a motion for examination at which he failed to appear. I had a capias issued for his arrest, and sent a marshal out after him. The debtor would not answer the door when the marshal arrived.  The marshal parked outside, and kept him prisoner in his house for several hours. When the debtor tried to escape through one of the side windows the marshal arrested him. The debtor's mother wound up paying his judgment to keep him out of jail...she also paid the marshal's fees for the cost of arresting her son.

In the case of corporations and LLC's we would first file a judgment lien on all of their personal property, including bank accounts and their accounts receivable. We would next attempt to discover the location of the bank and identities of their client's owing them money. We then would try to garnish a bank account. It is the fastest way of satisfying the judgment. If there are not sufficient funds in their bank account, we would have the court issue an execution for the seizure of the defendant's receivables still in the hands of his clients. This is extremely effective because the defendant does not want to lose these clients, and he generally will make arrangements to pay the judgment.

to post a reply: login - or - register


Re: Filing judgments against non-paying clients - Kevin Ahern/CT
6/14/2007 6:57:36 AM (5262 views)
Re: Filing judgments against non-paying clients - ELENA MAUSER/DE
6/25/2007 11:21:32 AM (5079 views)
Re: Filing judgments against non-paying clients - Kevin Ahern/CT
6/25/2007 2:53:11 PM (5386 views)


<< get older messagesget newer messages >>

DISCLAIMER: These Message Forums are un-moderated and Source of Title does not endorse the content of any of the posts. Source of Title discourages libelous comments and you, as the sole creator of the content, take full responsibility for your remarks.
Directory

The Source of Title Business directory has 8975 listed companies.

Leave feedback on a company:
SOT ID #:  learn more...
DRN Title Search
Blogs

Read other users' blogs-- or start your own!

Most Recent Blog Posts:

Practical Obscurity, Revisited
Blurbs from the Bossman
2026/08/06
0 comments

Beneath Every Closing Lies a Story
Michael Stelzer's Blog
2026/07/18
0 comments

Residential Appraisers: Reclaim Your Time
Will Duncan 's Blog
2026/07/09
0 comments

Articles

Source of Title articles help to keep you informed on the state of the title industry.

Source of Title Founder Running for Probate Judge
Mansfield attorney Robert A. Franco has announced his candidacy for Judge of the Richland County, Ohio, Probate Court.Fr...
Mortgage Delinquencies Decrease Slightly in the Second Quarter of 2026
“Mortgage delinquencies decreased slightly across all loan types in the second quarter of 2026. Nonetheless, the b...
Mortgage Applications Increase in Latest MBA Weekly Survey
“After five consecutive weeks of increases, mortgage rates declined slightly last week as oil prices dipped briefl...
NAR Meets with White House, DOL, and HHS Officials to Advance Health Coverage Options for Real Estate Professionals
“We support a rule that allows real estate professionals and other self-employed individuals to participate in hig...
NAR Existing-Home Sales Report Shows 1.7% Decrease in July
“Home sales have been remarkably stable, even amid the rising mortgage rate environment of the past few months,...

Search Articles:
browse...

Classifieds

Buy, sell, or trade! Browse the ads or post your own!

© 2020, Source of Title.