You have won the judgment against your debtor; it is indeed an exceptional feeling! However, your role does not end here! After winning the judgment, it’s time to take some steps and take continuous follow-ups. This article highlights a complete process after winning a judgment against your debtor. Click here to know more!
Steps To Take After Winning A Judgment Against Your Debtor
1. Get a Judgment’s Certified Copy
The first step is to get a certified copy of the judgment from the court clerk. You can get it after the court issues a judgment in your favor. A certified judgment should be requested in several copies so that you have copies for your records and can utilize them in future enforcement actions.
2. Serve Notice of the Judgment
Notifying the debtor of the judgment and your intention to enforce it comes next after you have chosen a collection strategy. This usually entails giving the debtor a copy of the certified decision via official, court-approved serving procedures. When the judgment is served correctly, the debtor is made aware of their responsibility to pay the debt and its potential repercussions, including asset seizure or wage garnishment.
3. Initiate Enforcement Proceedings
You can start the enforcement process to get the debtor to pay you back after giving them notice of the verdict. This could entail submitting extra court paperwork, such as writs of execution, garnishment orders, or liens against the debtor’s property, depending on the selected collection type. Collaborate closely with your lawyer or legal advisor to ensure that all applicable rules and regulations for debt collection in your area are followed.
4. Monitor and Follow Up
Following up on any developments or comments from the debtor is crucial once enforcement procedures have been started. You should also keep an eye on how collection activities are going. To guarantee that the enforcement process goes without a hitch, keep track of the due dates for responses or payments and follow up with the court or other authorities as necessary. To successfully collect the debt, you must be persistent and diligent. Therefore, until the obligation is satisfied, take aggressive steps to pursue all available options for enforcement.
Wrapping Up
Now when you have won the judgment, follow these steps and complete the process. You must hire a lawyer for complete support.
