LawInfo

Arizona Collections-Creditors Rights FAQs

• What is a Levy and execution?
  A levy is a legal method that a creditor may use to seize (take) property that you own. Most commonly a levy refers to an action by IRS or the state tax agency … more
• What is a judgment lien?
  A judgment is the formal decision of a court. It is impossible here to determine what the meaning of a judgment is without seeing it, but it is reasonable to assume … more
• Who is the judgment creditor?
  A judgment creditor is the party in whose favor a money judgment was issued and is entitled to enforcement of the judgment through liens, execution and levy.
• What is a Wage Garnishment?
  It is a form of execution and levy, a legal process of enforcing a money judgment by directing the employer of a judgment debtor to pay a portion (typically up to 25% … more
• Can a Creditor ask a Debtor to reaffirm a debt?
  Yes, this means that the creditor is asking that the debtor pay the debt anyway, even after it has been discharged. A debtor may be willing to do this if there is a … more
• How are money judgments enforced?
  "Voluntary" Compliance ­ Very often a judgment debtor will pay the money owed to a judgment creditor and thus satisfy the money judgment. If the judgment debtor … more

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