LawSmart.com

Must I Pay For The Expenses Incurred In Enforcing My Judgment?

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. Finally, they petition the court to have the amount of your judgment increased by the amount of the expenses, so your debtor is ultimately forced to pay them.

Other 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.

Collections-Creditors Rights Sub-categories

Chex Systems
Collections
Creditor Remedies in Bankruptcy
Debt Collections
Enforcement of Judgments
Fair Credit Reporting Act
Fair Debt Collection Practices Act

Identity Theft
Judicial Remedies
Mortgage Foreclosure
Non-Judicial Remedies
Secured Transactions
Types of Creditors