Monday, February 15, 2010

5 Things To Know About: Enforcing a Money Judgment

All right, you won the case: now what? This week brings 5 things you probably didn't know about collecting a judgment.

First, it's a pain in the neck, and if you have a lawyer do it you'll end up paying probably at least a third of your judgment in their fee, plus the costs of enforcing the judgment. Most of the time, though, lawyers who do this sort of work will not charge you their fee until they receive money from the person that owes you.

If money is owed you because you have been awarded a judgment in the Special Civil Part, you are a judgment creditor. You should contact the person who owes you the money (the judgment debtor) to discuss payment. Payments sometimes are made on the day of the court hearing or over time. If you do not receive money that is owed you, there are several ways the court can help you collect it.

Although the court will try to help you collect the money owed you, it cannot guarantee your debt will be paid. The forms for the different methods of collection outlined below are available from the Office of the Special Civil Clerk.