Page 143 - Judgment Enforcement Course

Judgment Enforcement – The Step-by-Step Course

Enforcing against Personal Businesses and Corporations/LLC’s

Bank Garnishments

Good businesses, big and small, have bank accounts. See the section on locating banks
accounts and garnishing (levying) them. *And remember, if it’s a personal business –
Peter Gilboy dba Judgment Trackers, for example, you can garnish either the person’s
account or the businesses.

Business- Conduct a Judgment Debtor’s Examination (JDX)

If you have a judgment against a Goodyear Tire dealer, then the assets are likely the
tires. If you have judgment against a furniture store, the assets may be the furniture.

But sometimes you’re not sure what the assets are that the company has. If it’s a fair-
sized judgment, a good way to begin is with a judgment debtor examination (JDX). I’ll
cover this later in Part 8, and detail how to conduct a great examination. Yes, sometimes
enforcing a money judgment from business assets demands an extensive JDX because
you’ll also be requesting lists and serial numbers of all the business equipment and other
machines. Be sure to include the credit card machine if the business accepts credit cards.

Then, have the Sheriff Garnish the Assets

If the judgment is large and you have identified property to seize, the sheriff may
simply rent a moving van, drive up to the business and empty it out. The sheriff will
store the goods and prepare to sell them at auction. Who pays for the storage? You do.
An up-front deposit is required. (Ugh) But this is a charge that can be added onto the
judgment as part of your costs in enforcing the judgment. If you’re sure there are assets,
you’ll get your money. But be sure to check the sheriff’s costs before starting.

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