Setting

Forgot Password

NEED PAYMENT

Someone or some business owes you money.

JUDGE ORDERED

You took that entity to court and a judge ordered them to pay you.

LOCATE ASSETS

To get your money you need to locate assets and file a “Writ” of execution.

ENFORCE JUDGEMENT

Now you have options to enforce your Judgment.

Frequently Asked Questions

Q: What is a Writ?

A person or business owes you money. You tried and tried and simply could not get them to pay. You took them to court and now even a judge orders them to pay, guess what they don’t!! Now, you’re back where you started; except now you have a legal order (money judgment) against the debtor. The only way to enforce the judgment (if it’s not voluntarily paid), is with a “Writ” or Writ of Execution. This document allows you to file a wage garnishment and/or Bank Account Levy on the judgment debtor’s bank accounts.

Let’s get real – your debtor isn’t paying voluntarily!! A Writ is the only thing standing between you and YOUR money!! Get Writ Ready Today!!

Q: When to use Writ Ready?

We want you to keep 100% of the judgment amount awarded to you!! Writ Ready doesn’t want to talk to the judgment debtor. Writ Ready doesn’t send the judgment debtor letters and notices. The time to communicate with the judgment debtor is over. You know they owe you money, they know they owe you money; even a judge has ordered them to pay you the money!! Writ Ready covertly locates any and all assets that can assist in satisfying your judgment – Your judgment debtor will never see you coming when you garnish their wages or sweep their bank account dry!! You only pay the research fee, that’s it! No set-up fees, up-front fees, retainer, contingency amount, collection fee, monthly fees or other surprises!!

Q: Can my judgment expire?

Yes, there is a Statute of Limitations, on how long a judgment is enforceable. This period of time is usually ten to twenty years starting from the date the judgment was awarded. You may find your states statute of limitations here. Most states allow you to extend the judgment past initial number of years your judgment was active – Please check with your state and their process for renewing the judgment.

Q: Isn’t the debtor breaking the law by not paying me? Wasn’t the judgment a court order for the debtor to pay?

It is not against the law to owe money. Debtor’s prison does not exist. If your debtor was in prison, collection would be more difficult. When the debtor is working, making and saving money, and purchasing, this all makes it much easier for us to collect. Current stats say close to 80% of all judgments go uncollected. Remember, just because the Judge orders the person or business to pay – 80% ignore the process, this is why we do not communicate with your debtor, all our efforts are in the background – The Judgment debtor won’t know you’re coming when you serve Writ Ready’s Information on their bank or employer!!

Q: What about using a collection service?

Collection services send out nasty letters and call the debtor repeatedly, but are rarely successful with post judgement recovery. PLUS, they want 30%-50% of your judgment amount collected. Writ Ready allows you to keep 100% of your Judgment amount recovered, all interest accrued and recovered – Everything!! Writ Ready is your source for employer and bank asset location. The fee you pay Writ Ready for successful results is a ONE TIME fee for services rendered. No monthly fees, set-up fees, minimums, you only pay for results!! (See search page for details)

Q: Why wouldn’t I retain an attorney to handle enforcement of my judgment?

Most attorneys are not familiar with post judgment collections, much less with locating assets and employers. If you don’t mind putting down a retainer and spending $200 to $400 per hour for an attorney’s services, call an attorney of your choice. In most likelihood they will turn around use a service like ours to do the same thing. Attorneys have their strengths, collections and asset location is not one of them.

Q: Are you a law firm?

We are not a law firm, nor are we attorneys, and we do not give legal advice. While some attorneys do offer judgment recovery services, they usually either charge by the hour, or only take large judgments on a contingency basis. This is impractical for most judgment creditors as they no longer wish to be paying legal fees billed by the hour, especially when there is no guarantee of a successful judgment recovery.

Q: If a judgment is a court order, why won’t the court make my debtor pay?

This is a common question and understandably an area of great frustration for judgment creditors. Current stats say close to 80% of all judgments go uncollected. Remember just because the Judge orders the person or business to pay – Most ignore the process, this is why we do not communicate with your debtor, all our efforts are in the background – The Judgment debtor won’t know you’re coming when you serve Writ Ready’s Information on their bank or employer!!

Q: Do you guarantee collection?

We do not guarantee collection. We will guarantee the information we provide regarding a judgment debtors employer for wage garnishment (See State Laws) and/or financial institution (bank) is 100% guaranteed accurate so you may prepare your Writ (writ of execution) to sweep or levy the account for all funds to satisfy the judgment debt. We cannot and do not guarantee that our information alone will collect your debt. Once we find the needle in the haystack (bank or employer), it is up to you to obtain the proper writ to file with the court, then you must properly serve the writ on the employer or financial institution.

Q: How do I get paid from the bank Writ Ready finds?

Once WritReady locates your information, you need to file that information with the court, this is called a Writ of Execution, once filed, then have it properly served on the financial institution WritReady located. Once the writ of execution has been properly served on the financial intuition, the account(s) located will be swept immediately for all funds available to cover your judgment amount, plus interest and fees (if filed with the court). If there are not enough funds to cover the judgment amount, then all funds will be swept at the time of service, leaving the account with a zero balance. Then you may try again at a later time (hoping the judgment debtor stays with the same bank) to satisfy the balance. Many times this action draws a quick reaction from the judgment debtor to attempt a payment plan if there is a balance still owed.

Important Note: As required by Federal Law (Gramm-Leach-Bliley Act of 1999), bank account numbers will NOT be given in report –

TIP: We suggest you do NOT list the bank account number on the writ of execution. By providing an account number you may have been “too specific” and thus risk excluding other accounts at the financial institution.

Q: Does interest accrue on my judgment?

Usually, yes. Most judgments include a provision for the payment of interest from the day it was awarded. The actual interest rate and calculation process varies from state to state. With interest, your judgment could be worth significantly more than the day it was awarded!!
Interest on a money judgment recovered in a civil action is calculated at 6-month intervals from the date of filing the complaint at a rate of interest equal to 1% plus the average interest rate paid at auctions of 5-year United States treasury notes during the 6 months immediately preceding July 1 and January 1, as certified by the state treasurer, and compounded annually, according to this section. Interest under this subsection is calculated on the entire amount of the money judgment, including attorney fees and other costs.

To calculate the Accumulated Interest Amount (aka Post Judgment Interest Rate), follow the instructions below:

  1. Determine the interest rate from the Federal Reserves Interest Rate. Locate the Federal Reserve’s Interest Rate at http://www.federalreserve.gov/releases/H15/. To see an example of the Interest Rate page, click here.
  2. Multiply the Judgment amount times the Interest Rate Percentage. This equals the Annual Interest Amount.
  3. Divide the Annual Interest Amount by 365 days. This equals the Daily Interest Amount.
  4. Determine the number of days from the Entered Date of Judgment to the date that the Writ was prepared. This equals the Accumulated Days.
  5. Multiply the Daily Interest Amount by the total days. This equals the Accumulated Interest Amount, which should match the amount on the Writ of Execution/Attachment.

Q: How Can I enforce an out of State Judgment?

The method of enforcing out-of-state judgments depends on what state the person is attempting to collect it and what state the judgment is from. For instance, the Uniform Enforcement of Foreign Judgments Act allows for enforcement of judgments once they have been filed with the local District Court or Superior Court, in accordance with normal collection procedures.

This Act has been adopted by 46 states, the District of Columbia, Puerto Rico, and the Virgin Islands. The states that have not adopted the Act are:

  • California,
  • Indiana,
  • Massachusetts,
  • Vermont

To enforce a judgment in or from one of these states, the holder must first file what is referred to as a “domestication action” to make the foreign judgment locally enforceable. However, because of the Full Faith and Credit Clause this is usually just a formality.

In order to obtain a judgment from another state, a judgment creditor must:

  • After the application is filed with the court, the judgment creditor must give notice to the judgment debtor of the filing. The debtor then will have a specific time period in which they have to respond.

Q: How do I garnish the judgment debtor’s paycheck?

This depends first on the state where your judgment was awarded. You may check the states here that allow for wage garnishment and if so how much will be exempt (amount you can NOT receive) from your allowance as a judgment creditor. Writ Ready will supply all information needed to serve the wage garnishment on the judgment debtor’s employer. Once the information is received you must file a writ of execution with the court and have it properly erved on the employer.

Q: How long will it take for Writ Ready to locate my judgment debtor’s assets?

It all depends on the difficulty in locating the judgment debtor and uncovering assets. Some debtors are pretty adept at hiding their assets. They often appear to live without any ‘normal’ means of support. We will try our best to get results in the first few days of receipt, but it could take longer in a difficult cases.

Q: What if my judgment is against a business or corporation; can I enforce my judgment opportunities through the business owner or corporate officer?

All corporations are protected by the corporate vail unless you can show that the person is comingling funds between personal debts and assets which would dilute the corporation and make it possible for a plaintiff to pierce the corporate veil, thus making all corporate assets as individual assets and free to take as a judgment creditor.

If the business is simply a “DBA” doing business as, then all assets and bank account balances are available to bank levy if the judgment names the individual only.

Q: Is it possible a judgment debtor could be filing wages through an entity and not filing any personal income?

Yes, many people trying to hide from money judgments will try and file as much as they can through corporations or other entities in order to hide from creditors. If the judgment ONLY names the individual than any corporations the individual owns are exempt from judgment enforcement – unless you can pierce the corporate veil by proving the individual is using corporate funds for his personal expenses.

Q: If the judgment debtor is listed as an officer of a corporation is it possible for them to not file personal income from an entity which he owns?

Yes, if the company in question has no assets or income, than they may not file a return, however, there are measures to keep a corporate entity in good standing, such as filing with the franchise tax board and/or annual updates needed to keep the corporation active.

All corporations are protected by the corporate vail unless you can show that the person is comingling funds between personal debts and assets which would dilute the corporation and make it possible for a plaintiff to pierce the corporate veil, thus making all corporate assets as individual assets and free to take as a judgment creditor.

Q: If the judgment debtor is filing wages through an unknown or corporate entity and not filing any personal income, would that only show under the entity's FEIN?

It depends on how the corporation is set-up – “C” corporation treats all assets, incomes, etc. through the corporate entity (will NOT report as income under the judgment debtor, unless he is a W-2 or 1099 employee) – “S” Corporation takes the income from the corporation(s) and the individual income as the same (WILL appear as income/expense on their tax return).

Both types of corporations are protected by the corporate veil unless you can show that the person is comingling funds between personal debts and assets which would dilute the corporation and make it possible for a plaintiff to pierce the corporate veil, thus making all corporate assets as individual assets and free to take as a judgment creditor.

Q: What if the judgment debtor has a business that is NOT Incorporated, LLC, or other type of corporation, is the business vulnerable to bank account levies?

If the judgment debtor has a business that is simply a “DBA” doing business as, then all assets and bank account balances are available to levy if the judgment names the individual only.

Q: Why Writ Ready?

Consistent successful judgment recovery requires a set of skills and personality traits rarely found in one individual. Many hats must be worn. Staking out a clever and reclusive debtor requires dogged perseverance, street smarts and intuition. Our licensed staff has over 30 years locating hard to find assets for immediate bank account levy and employer information for wage garnishment.

Let’s get real – your debtor isn’t paying voluntarily!! A Writ is the only thing standing between you and YOUR money!! Get Writ Ready Today!!

X