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To collect on a judgment in New Jersey, you can take several steps. First, you may file a wage garnishment request with the court to have a portion of the debtor’s wages automatically deducted. You can also place a lien on the debtor's property, which will secure your claim against any future sale. Additionally, you can request a bank levy, allowing you to withdraw funds directly from the debtor's bank account, but this typically requires a court order.

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1mo ago

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If you are in NJ and have been awarded a judgment in SC how can you collect?

In most cases, you have to officially register the judgment in the state where the assets are located. Once you the judgment has been entered in the new state, you can use the laws of that state to go after the debtor's property.


If I sign an acknowledgement of assignment of judgment am I giving up my right to collect?

If you are the 'creditor' of judgment and you sign for a third party to collect, then YES, your right to collect is given up. Because once that is signed you just signed over your judgment over to the third party, and it is considered THEIR judgment now. BUT you will still get your money judgment from the third party.


How do you collect a judgment in Massachusetts?

You can't really collect a judgment unless you are going to use a collection service. You can also ask the court for a garnishment. Having a judgment does not mean that is automatically collected.


A creditor won a judgment against me and the estate of my marriage for a debt incurred prior to my marriage can my husband's wages be garnished to collect on this judgment?

If the husband was not liable for the debt, then his wages cannot be garnished to collect on the judgment. The judgment is against the person who incurred the debt.


Do you have to report a judgment against you to the IRS?

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It is the responsibility of the judgment holder to choose the method how to collect the debt owed. The judgment holder files the judgment with the clerk of the issuing court in the manner they wish to collect the debt, such as a wage garnishment, bank account levy, property lien, etc.


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hoe long do lenders have to collect on a judgement in fla.


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