Enforcement of judgments constitutes the legal procedure employed to recover funds on a judgment. Following a successful legal action, one may encounter the challenge of a seemingly uncollectible judgment. In such cases, professionals specializing in judgment enforcement with significant experience with the FBI as trained investigators can assist in identifying and securing the defendant's assets. The available enforcement methods encompass asset investigations and, subsequently, levies and sales of properties owned by the defendant. It is imperative to comprehend the intricacies of this process, as judgment enforcement involves adhering to rigorous legal procedures that are often unfamiliar to most legal practitioners. The Rainey Law P.C. team possesses comprehensive expertise in post-judgment law and is prepared to assist you in recovering your assets.

The enforcement of judgments in California commences with the identification of the debtor's assets and sources of income. Upon ascertainment, the creditor may secure court orders to levy these assets and intercept these income streams. If the debtor has transferred funds or property to evade the judgment, the creditor has the authority to unwind such transactions and apply the assets towards satisfying the judgment. Each case necessitates a tailored strategy to optimize the likelihood of recovery.

Any business or individual with an unpaid judgment. While many law firms focus on a specific area of law, Rainey Law P.C. engages in a diverse range of lawsuits to pursue collection efforts, including real estate, employment, family law, personal injury, breach of contract, fraud, intellectual property, construction, criminal restitution, and class action cases.

In California, most judgments are enforceable for 10 years. However, you can renew the judgment before the 10-year period expires, extending its enforceability for another 10 years. 

The timeline for enforcing a judgment depends on the magnitude of the judgment, the debtor’s net worth, and asset-protection strategies. Many debtors are fully capable of fulfilling their obligations but opt to conceal their assets via fraudulent transfers and transactions. Such actions merely delay the unavoidable. Conversely, some debtors are cooperative, engaging in good-faith negotiations for settlement. Ultimately, the enforcement process may range from a few months to several years.

Yes. The process necessitates “domesticating” the judgment within the jurisdiction where the assets are situated. Upon domestication, the judgment may be enforced against the defendant’s assets in that jurisdiction. Rainey Law P.C. collaborates with reputable law firms nationwide to secure the maximum recovery for its clients. 

In the event that a debtor files a petition for bankruptcy, it is incumbent upon the creditor to assert their rights within the bankruptcy court. Depending on the classification of bankruptcy, the nature of the judgment, the number of creditors involved, as well as the debtor’s assets and liabilities, the creditor may still have the opportunity to recover in the bankruptcy court. Furthermore, a judgment may or may not be dischargeable, which implies that a creditor may continue to pursue the judgment subsequent to the conclusion of the bankruptcy case.