The court ruled in your favor, now you just need to get paid. This should be easy, right? After all, getting the court on your side should be the hard part. Unfortunately, actually getting payment can be difficult if the debtor refuses to cooperate. There are legal tools that you can use to help better ensure you get the funds the court agrees are yours, tools that are ethical and effective. The experienced collection attorneys at The Law Offices of Alan M. Cohen LLC have experience with these remedies and can put them to use to collect outstanding debt on your behalf.
Examples of legal tools that can help you collect post-judgment can include:
- Seize non-exempt assets. Once we get a writ of execution from the court, we can work with the deputy sheriff to seize certain non exempt assets. This can include personal property. You then get the proceeds from the assets after the sheriff sells them at a public auction.
- Go after the owners. In some cases, you can pierce the corporate veil and go after the individual owners for payment. This allows you to go beyond the assets held by the business and reach the owners’ personal assets. This legal tool may be available if the owner engaged in fraud to try to avoid payment or did not keep personal and corporate assets separate.
- Use injunctions. Reach and apply injunctions can provide creditors with the ability to hold debtors accountable even when they claim that they do not have the funds to cover payment. This legal tool generally attaches to a debtor’s debt. If a third party owes the debtor, you would basically have that third party send payment directly to you instead of the debtor.
Actually using these and other tools can be difficult without legal assistance. With almost 50 years of experience, the legal professionals at The Law Offices of Alan M. Cohen LLC will fight to better ensure you can collect on your judgement debt. Call us at 508-763-6604 or email us to have our aggressive collections attorneys work to enforce your judgment.