Getting a judgment against a debtor is just the first step - collecting the money owed takes know-how. In this episode of Banking on Credit Unions, hosts Jim Sorensen and Blair Boyd walk through the legal processes and remedies creditors can use to satisfy judgments. You’ll learn to record liens, levy personal property, garnish wages and bank accounts, and more. 

With plenty of real-world examples and practice tips, this is an information-packed show you won’t want to miss. Tune in to pick up strategies to turn your judgments into dollars.

Other subjects covered on the show:

• The definition of a final judgment and how long judgments last in Florida vs. Georgia.
• Recording judgments to create liens on real and personal property.
• Using post-judgment discovery to uncover debtor assets and income sources.
• When debtors can be held in contempt of court for ignoring orders.
• The process of levying personal property like cars, jewelry, and livestock.
• Homestead and other exemptions that can limit collections.
• Getting liens attached to vehicle titles to prevent sale or trade-in.
• Options for renewing and extending judgments nearing expiration.
• The importance of tracking judgments long-term and having a management system.

If you want to know more about the SVL Law Team, you may reach out to them at:

Website: https://svllaw.com/ 

                 https://svllaw.com/podcast/