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About Michael Brotherton
Expertise
Consumer/Debtor Rights Advocate. Mike Brotherton is a negotiator with over 30 years experience in consumer lending and collections. Mike has 30 years in the credit and collections industry as a former loan officer, debt collector and manager of two finance companies over several years. Mike is well versed in Loss Mitigation practices and the legal collection process. He has helped literally thousands of people over many years overcome serious financial problems such as foreclosure, creditor lawsuits and abuse by debt collectors. For more information about resolving your "financial emergency" visit www.financialemergency.com. FinancialEmergency.com is a consumer web site which actively promotes Fair Debt Collection Practices and other consumer protection laws. We teach DEBTOR RIGHTS and enforcement of those rights. The more informed you are of your rights and the credit collections practices of creditors the more peace you can have dealing with your FINANCIAL EMERGENCY. Most financial problems are fairly common and as such have some very common solutions. The key is understanding your rights in the collection process and how to enforce them if need be. Primary business- Debtor Rights Advocacy and Debt Mitigation relating to foreclosure, creditor lawsuits, and other serious financial problems. www.financialemergency.com (copy and paste in browser).

Experience
Over 40 years combined experience negotiating disputes and resolving financial issues related to consumer debt, corporate issues and mortgage modifications.

 
   

You are here:  Experts > Business > Corporate Law > Collections Law > How to get judgement money.

Collections Law - How to get judgement money.


Expert: Michael Brotherton - 12/1/2008

Question
I recently won a civil consent judgement IN THE SUPERIOR COURT OF CHATHAM COUNTY(GA) against a company called xxx holdings Inc amounting $35000/- paid in monthly instalments starting 15th Nov 2008.

This Savannah(GA) based company has defaulted the first instalment of $5000/- and I hope they will keep on doing this as I live in India.

Is there any way the Law of your country helps in enforcing the Judgement ,eg the court appoints recovery,contempt etc.Kindly advice I would be grateful.

Thanks

Sandeep Jaidka


Answer
All you would need is to assign the collections to an agency or attorney to pursue collection of your judgment. They would need to research the assets and banking information for the company and attach those assets. A judgment lien can be placed on real estate holdings and if they are in default of the judgment you may garnishee bank accounts. If you cannot locate the accounts you may ask an attorney to file a motion for discovery or what is referred to as a debtor's exam whereby they must answer questions under oath about their income and assets, including bank accounts. They must reveal this information. Once you have the information you may proceed with attachments and get your money.

I would be interested in contracting this for you. I have extensive background in collections and we are a law firm. If you have any interest in retaining our services please send me an email to mike@financialemergency.com. or call my office at 937 372 8581.

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