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Tips for Collecting Your Judgment
- Don't start too soon.
- Ask for your money.
- Put the burden on the debtor.
- Start with easy-to-reach assets.
- Don't harass the debtor.
- Consider settling for less.
- Pay attention to timing.
- Keep tabs on the debtor.
- Consider hiring an expert, if necessary.
- Know when to give up.
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judgment
A final court ruling resolving the key questions in a lawsuit and determining the rights and obligations of the opposing parties. For example, after a trial involving a vehicle accident, a court will issue a judgment determining which party was at fault and how much money that party must pay the other.
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