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[+] Theft of All Ohio State Employees' SSN - Pete Kisan/OH (1 reply)
6/15/2007 11:25:01 AM (3435 views)

[+] Lets talk Tech - Wendi See/SC (14 replies)
6/14/2007 11:10:30 AM (3461 views)

[-] Filing judgments against non-paying clients - Danielle Nelson/WI (8 replies)
6/13/2007 12:40:01 PM (3442 views)
Re: Filing judgments against non-paying clients - george Hubka/MI
6/13/2007 1:00:49 PM (5398 views)
Re: Filing judgments against non-paying clients - Kevin Ahern/CT
6/13/2007 1:44:22 PM (5379 views)
Re: Filing judgments against non-paying clients - Kevin Ahern/CT
6/13/2007 2:06:00 PM (5210 views)
Re: Filing judgments against non-paying clients - Danielle Nelson/WI
6/13/2007 5:30:50 PM (5284 views)
Re: Filing judgments against non-paying clients - Kevin Ahern/CT
6/14/2007 6:46:31 AM (5316 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.

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Re: Filing judgments against non-paying clients - Kevin Ahern/CT
6/14/2007 6:57:36 AM (5397 views)
Re: Filing judgments against non-paying clients - ELENA MAUSER/DE
6/25/2007 11:21:32 AM (5233 views)
Re: Filing judgments against non-paying clients - Kevin Ahern/CT
6/25/2007 2:53:11 PM (5526 views)

[+] See Your Place From Space - David Bloys/TX (7 replies)
6/12/2007 1:31:47 PM (4504 views)

[+] non-paying "Client" - Tempie Elder/TX (10 replies)
6/12/2007 1:28:43 PM (3792 views)




Roberts Blog - Wanda Steudel/OH
6/12/2007 1:24:49 PM (2922 views)

[+] Title Search USA - Don Sedy - Danielle Nelson/WI (10 replies)
6/11/2007 5:52:25 PM (4990 views)

[+] Jeffs Polygamists Move To Texas - David Bloys/TX (4 replies)
6/10/2007 5:56:33 PM (4544 views)

County Judge Declares County's Assessment System Unconstitutional - Scott Perry/PA
6/9/2007 1:38:55 PM (4428 views)

[+] First American Title Insur Co faxes - marilyn snyder/FL (9 replies)
6/8/2007 11:58:58 AM (3832 views)

[+] Source of Title ... a term of art? - Ron Meharg/GA (5 replies)
6/8/2007 8:26:29 AM (3607 views)

[+] How would you charge this... - J Nisonger/CA (4 replies)
6/7/2007 11:16:58 PM (3576 views)

[+] Title Software? Need Advice - Mohammad Ali/FL (1 reply)
6/5/2007 4:32:57 PM (3473 views)

[+] LENDER SERVICES DIRECT INC. - ECENTENO/NV (27 replies)
6/5/2007 12:29:05 PM (5155 views)

[+] paying as they close loan - ks/IN (10 replies)
6/4/2007 1:17:01 PM (3643 views)


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