The Law Offices of Kevin S. Neiman, pc, located in Denver, helps clients when they attempt to collect on their judgments through the above and other means, including compelling judgment debtors to answer asset-related questions in writing under oath and examining them.Call 303.996.8637
Post-judgment enforcement is a specialized area of law and all collections work requires aggressiveness and tenacity. In litigation, courts will sometimes issue monetary judgments in favor of the prevailing party or parties. Frequently, the judgment debtor will not voluntarily pay on the judgment. As such, to realize on the judgment, the creditor must attempt to collect on it through a variety of available means such as garnishments, attachments, and executions.
Upon obtaining a judgment in its favor, the process of collecting on the judgment has just begun. Timing is important, with the more time elapsed before enforcement of the judgment, the more difficult and time-consuming collections can be. Depending on the circumstances, post-judgment activities include:
Businesses will sometimes dissolve or abandon their entities and re-establish operations under different entities in order to appear as they do not have any assets to pay judgments. Judgment debtors can also attempt to evade paying their obligations by transferring property to friends, family, or other sympathetic people or related entities. Post-judgment collection work, therefore, requires aggressiveness, motivation, tenacity, and a number of legal tools to uncover assets for the benefit of the judgment creditor.