What do I do with this Small Claims Court Judgement?

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Aug23

What do I do with this Small Claims Court Judgement?

August 23, 2006

Know More: Credit related Websites, FAQs, Fair Debt Collection Practices Act, I have past due customers, what do I do?, Rent Collections, Small Claims Court, What makes a Good Collector?

If you have gone through small claims court to get your money from your customer, and won, you now have a judgment. A judgment is not a guarantee of payment, it is a tool you can use to "force" a customer to pay legally.

Once you have a judgment, the court gives the debtor 30 days to pay, if they do not pay, you have to file a motion for periodic payments with the court. You will have a hearing and the court will decide if the debtor can pay in full or make payments, they will set a payment amount and how often you should get paid.

If the debtor still does not make the payments, you can file a contempt of court charge. Since the periodic payments are a court order, if the court order is violated, the customer is in contempt of court which is punishable by being arrested until they make good on the order.

There are companies that specialize in collecting on judgments if you do not want to take all these steps and spend the time to do this.

Check out:

Credit & Collections
We Collect
Judgement Recovery

You can also do a search on the internet, be sure to check all references!

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