Attorneys

California Collections-Creditors Rights FAQs

• Q: Is There A Statute Of Limitations On Executing A Judgment?
  A: Yes. California Judgments must be executed within 10 years from the date Judgment was entered. Renewing the Judgment, which can be done once at least 5 years have … More
• Q: Can You Collect Interest On An Unpaid Judgment?
  A: Yes. Interest began accruing the day a judgment was issued. The rate is 10% percent per year, simple interest. A judgment may be worth significantly more today than … More
• Q: Is There Any Guarantee A Collection Service Will Collect On A Judgment?
  A: No. Sometimes there are simply no assets to seize. But, a collection service will do their best because they only get paid if they collect.
• Q: Must I Pay For The Expenses Incurred In Enforcing My Judgment?
  A: No. A collection service advances the cost of all expenses incurred in collection. The expenses are then deducted from the judgment settlement before it is divided. … More

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