Judgment Day: Enforcing Monetary Judgments Against Debtors
Congratulations on the monetary judgment that you, or your client, have secured against judgment debtor(s). Hopefully, judgment debtor(s) will quickly and voluntarily satisfy the judgment but if they do not, now what?
To enforce a judgment against a recalcitrant judgment debtor(s), counsel for judgment creditor must be creative, persistent and very well versed in the related statutory and common law. Windels Marx has that unique experience through which we have successfully enforced judgments originally entered or domesticated in New York, New Jersey, and Connecticut ranging from $50,000.00 to $65,000,000.00.
In connection with its enforcement efforts, we have successfully garnished wages, restrained bank accounts and levied other assets, had receivers appointed, sold real and personal property through sheriff execution sales, defeated competing creditor claims, and prosecuted fraudulent conveyance, alter ego, and successor liability claims. When necessary, we will bring to bear our bankruptcy experience as it is all too common that judgment debtor(s) will file for bankruptcy in a last ditch effort to avoid paying judgment creditor.
We are also sensitive to the economics of enforcing judgments – especially when judgment creditor has already expended significant resources to obtain the judgment – and we are amenable to considering appropriate alternative fee arrangements[1].
Contact
Should you have any questions regarding judgment enforcement, please do not hesitate to contact Robert J. Malatak, who has enforced countless judgments, or your Windels Marx relationship lawyer.
Disclaimer
In some jurisdictions, this material may be deemed as attorney advertising. Past results do not guarantee future outcomes. Possession of this material does not constitute an attorney/client relationship.This material should not be relied upon as a primary research source, and should issues arise pertaining to matters discussed herein, those issues should be independently researched.
[1] Full contingency fee arrangements will not be considered.
