won a judgement

[hoef]

I just won a judgement for $30,000. The opposing attorney said "Good luck collecting from this guy." I'm afraid he's going to file bankruptcy. He owns a home and it's been recommended that I file a lien. How do I go about filing a lien? How do I avoid my judgement being erased in bankruptcy court? Are there companies that buy judgements?
Thanks, Hoef

 

[seniorjudge]

There are companies that buy judgments.

You don't say what the judgment is for so I can't tell you for sure, but some judgments can be zotzed in bankruptcy court.

You already have a lien...it's the judgment. Get a certified copy of it from the court clerk and record it in the land deed records of the county where the guy has real estate.

 

[Duranie]

I believe you have to actually file the lien, it is not automatic.

You can go to the county recorders office and check public records to see if this guy has any property you can attach.

He might be able to file BK but that does not mean it will be granted. If he has assets and a way to pay off the judegement, then he might not be able to file BK.