It is really important to organize your enforcement efforts when you
prepare to collect your judgment. Get started with the basics and
you will find all of your judgment collection endeavors will yield
easier and more satisfying results. Start with a filing system.
Your files should obviously contain a complete copy
of everything in the case file from the court. Most importantly
is the a copy of the actual judgment itself. Your judgment collection
success will be aided by your keeping all pertinent information
about your judgment where you can access it easily.
Make sure your file contains the case number of
your lawsuit. You’ll need it when you file documents related
to execution of your judgment. Keep the date of your judgment handy
also. You need to notate the amount of money awarded to you. Along
with this, you will want to keep a record of any court costs, attorney’s
fees, or other costs that you may be able to collect from your debtor.
Make sure you are accurate in calculating the amount of post judgment
interest that you can also collect.
Keep a good record of how much your judgment debtor
owes and how much money you have successfully collected.
Of course you will need to collect and maintain
important information about your debtor. It will be important to
discover any and every name that your debtor may use – now
or in the past. Make an effort to obtain the names of any current
and former spouses of your debtor. You will need to have records
of addresses of the debtor. If your debtor is a person, rather than
a corporation or other entity, you’ll want mailing addresses,
as well as residential locations. Be sure and list the county that
corresponds to each address you find. Telephone numbers and email
addresses will be important to obtain. Home phone, work phone, office
phone, cell phone, spouse’s phone, and any other telephone
number that relates to your debtor needs to be discovered and notated
in your files. Without a doubt you need to have the debtor’s
Social Security number, spouse’s Social Security number, or
FEIN if that applies. Also, if your debtor is represented by an
attorney, you must have the attorney’s name, attorney’s
address, and telephone number. It might come in handy to have an
email address for the attorney. In your file you need to have the
debtor’s driver’s license number and the state where
it was issued. Dates of birth for the debtor and spouse will also
be important to keep.
You will need to find out the debtor’s place
of employment. I also like to find out the previous employment information
if I can discover it.
If you start your files by collecting this information,
you will be headed in the right direction. Anything you come across
concerning your debtor, his assets, or your judgment, needs to be
saved and organized in your files. Don’t lose any info. You
never know what small seemingly insignificant thing will be critical
to the successful collection of your judgment. Make it easy on yourself
so that you can enforce your judgment without stressing over lack