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When do I Get my Money?A: On judgments where a Judgment Enforcer (JE) has convinced the debtor to pay, e.g., $100 a month - or when the JE grabs just a small part of what the debtor owes - the JE usually lets the balance accrue. The JE can cut you a check for some of the money - upon your request. Or you can check with the JE anytime to ask them "how it's going". (Once every three months is much better than once a week.) When the debtor finally pays most or all of the judgment off - then the JE pays you your share - in one lump sum. It's much simpler that way. If the debtor stretches out payments, or the JE has to keep grabbing small chunks of the debtor's assets - it might take a very long time before the debtor pays off the judgment in full (or settles) - but interest is being earned over that time. Eventually, the JE often finds the debtor assets and enforces the judgment. Go Back To Articles |
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