Judgment Recovery Lawyer Jacksonville, FL

Judgment recovery is the official process of collecting money owed from a debtor who refuses to pay. This process can be enforced when it is a judgment ruled by the court. Even though the court had concluded a verdict in your favor and established that the debtor has to pay what they owe, this doesn’t actually force them to pay. The debtor may decline to pay you, hide assets, or disappear to not pay the debt. If this sounds like a situation you are currently dealing with, then rest assured our Jacksonville, FL judgment recovery lawyer can make sure the debt owed gets paid. Contact us at Sahyers Firm LLC for a consultation and immediate assistance. 

The Writ Of Execution

If the judge has ruled in your favor and requests the debtor to pay what they owe, then you will be given a writ of execution. This is how the court approves you collecting the debt. These judgements can be financial or property awards used to compensate for wrongdoing or settle debts. They can be granted during debt collection processes or civil trials. But the judgment being issued is not enough to ensure you receive what is owed to you. Perhaps the most frustrating part about the judgment is that you still have to enforce it. As our dedicated judgment recovery attorney explains, the writ of execution is permission to go after the debtor for money or assets, but it gets complicated when the debtor uses various ways to hide their income or assets from you. 

How Debtors Avoid Paying

A debtor can get creative when trying to avoid paying an amount due. The debtor may acknowledge the debt but states they have no funds to pay you. They can refuse the debt under this pretext or come to an agreement with you to pay in smaller installments. The debtor may just outright refuse to pay even if they have the financial means to do so. The debtor may suddenly disappear and not pay the debt. The first step would be to locate the debtor, identify if they have the means to pay the debt, and then enforce the judgment. Based on the writ of execution, you can seize the bank accounts of the debtor. If that is not sufficient, you can go after their assets, which may be sold and the proceeds will cover the debt. 

Sahyers Firm LLC

At Sahyers Firm LLC, we can play an instrumental role in judgment recovery and getting the money owed to you. What is important to know right now is that you can make use of your judgment as soon as possible to recover this debt. The judgment can collect interest, but the more time goes by without taking action, the more difficult it will be to recover the amount owed. If you would like our help, our FL judgment recovery attorney is ready to hear from you to provide solutions.