Rhode Island Collections-Creditors Rights FAQs
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What is a "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 does not pay, the judgment … more -
What is a Judgment Lien?
A lien is a charge, security or encumbrance on a piece of property. A judgment creditor can place a lien on both the real and personal property of the judgment debtor. … more -
What is an Execution and Levy?
Execution of a money judgment is obtained through a legal process of enforcing the judgment by seizure and subsequent sale of the property owned by a judgment debtor. -
What is a Wage Garnishment?
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% for a … more -
What if the debtor refuses to pay?
When a judgment debtor refuses to pay a money judgment, a judgment creditor typically will proceed with both judgment liens and execution to enforce the judgment.
