article thumbnail

CNN Interviews Jocelyn Nager, New York Debt Collection Lawyer

FFGN COLLECT NY

Reports stated it may not be possible for the former president to bond the state’s nearly half-billion ($500,000,000) judgment. If Trump cannot post the bond and execution of the judgment is not stayed, the judgment can be enforced here in New York and elsewhere. The creditor can execute in a variety of ways at the same time.

Lawyers 98
article thumbnail

CNN interviewed Jocelyn Nager New York Debt Collection Lawyer

FFGN COLLECT NY

At the time of the interview, Press had indicated that it may not be possible for the former President to bond the State’s almost Five Hundred-Million-dollar ($500,000,000.00) judgment. If the bond cannot be posted and execution of the judgment is not stayed, the judgment can be enforced here in New York and elsewhere.

Lawyers 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Is a Judgment?

Credit Corp

A judgment is an order issued by a judge or jury to settle a lawsuit. In this case, the judge may order you to pay the other party as part of the court’s final judgment. The order can be issued in one of two forms: A monetary judgment: A judgment that orders one party to pay the other party a specific amount of money.

article thumbnail

What is a Judgment?

Credit Corp

A judgment is an order issued by a court of law. The company, creditor or collection agency has legal ways to pursue payment. If they are successful, the court issues a judgment against you. What Happens After a Judgment Is Entered Against You? You should receive a notice of the judgment entry in the mail.

article thumbnail

Utilizing ex parte attachments for Massachusetts commercial debt collection

Collections Law

When a debtor is delinquent, one of the biggest concerns for creditors is that the debtor doesn’t have enough money to pay what they owe. Securing an ex parte attachment to obtain pre-judgment security as part of a collections lawsuit can help to alleviate these concerns. After all a judgment is just a judgment.

article thumbnail

Utilizing ex parte attachments for Massachusetts commercial debt collection

Collections Law

When a debtor is delinquent, one of the biggest concerns for creditors is that the debtor doesn’t have enough money to pay what they owe. Securing an ex parte attachment to obtain pre-judgment security as part of a collections lawsuit can help to alleviate these concerns. After all a judgment is just a judgment.

article thumbnail

Seventh Circuit Affirms Dismissal of FDCPA Claim for Lack of Standing, Holding Hiring a Lawyer and Confusion is Not Enough

Troutman Sanders

The bank sold the debt to the defendant creditor. The creditor then placed the account with the defendant law firm for collection. The law firm filed suit against the plaintiff in state court seeking judgment in the amount of the debt as well as “statutory attorney fees.” On appeal, the Seventh Circuit affirmed the dismissal.

Lawyers 52