Thu.Dec 13, 2018

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Debt Recovery – Utilizing Debtor Exams to Collect on a Judgment

Stevens Lloyd

You have initiated a lawsuit and won a Default Judgment against the debtor. Judgments are worthless unless you can locate and garnish the debtor’s assets, however. So now what ? When a creditor obtains a judgment against an individual or company, one of the most effective techniques (providing they don’t know what assets the debtor has) is to utilize a Debtor Exam to recover monies which were awarded on the ruling document.

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