Yes and no. The court can help to collect your judgment. However, the court will not proactively take action to collect your judgment for you. As the winner in court and holder of the judgment, you must find a means for the debtor to pay you and then the court will help to enforce your collection effort. Debt collection horror stories refer to lenders using drastic “mafia-like” henchmen to enforce Continue Reading;
A court judgment is an official pronouncement of a court of law. Judgments are issued by many types of courts, and for many types of issues. A court judgment is not an order compelling a party to act. It is the courts decision regarding factual information, statutes and legal precedence. Courts have different names in various states and countries.
Selling your judgment is an option worth considering. Regrettable, about 80% of court judgments are never collected. Reasons for the low collection rate include the skillfulness of sneaky debtors who are professionals at not paying, and the competing and productive tasks facing citizens and business people.