How long will it take me to collect a judgment

How long will it take me to collect a judgment

Q.

How long will it take me to collect a judgment?

A.

It could take a long time, but that also assumes that the judgment debtor has assets to collect. You may be able to work out an agreement where the judgment debtor pays voluntarily through, let’s say, an installment plan. If so, a forbearance agreement should be executed in connection with an installment plan where a judgment is in place. However, generally speaking, collecting on a judgment could take a long time. It depends, in part, on what steps the attorney takes. There are strict procedures involved in things like post-judgment garnishment, sheriff’s levies, and attachment. Those are execution steps that could take time, and it all is affected by how the judgment debtor responds, and if there are assets to locate.