This stage is for companies unwilling to resolve matters with our clients voluntarily, and we have identified assets that can be pursued to liquidate a judgment. We assign each case to an attorney local to the defendant, with the ability to enforce payment of a judgment, once obtained. We only allow first-rate attorneys in our network, meaning each attorney has a proven track record of not only winning cases in the venue where they practice, but also liquidating judgments through enforcement. Having our alliance behind you ensures that you have the best chance of securing a judgment and ultimately receiving payment in the least amount of time. You can see the introduction to the legal proceeding process here.
Parties claiming to be “Out Of Business”.
In addition, we understand the frustrations involved with companies claiming to be “out of business” to avoid paying you. If it appears these parties have made these claims with intent of hiding the fact that they continue to operate, just under another name, in these situations our Phase 3 investigation can confirm if an alter ego or successor liability operation exists. Once we have information supporting this, we will pursue the new corporation and underlying owners responsible.
These are a few examples a judgment can be enforced:
Lien - This is a form of security interest granted over an item of property to secure payment of a debt or performance of some other obligation. Once filed, a lien is reported as matter of public record, generally filed with a city and county records office (for real property), or state agency, such as the Secretary of State (for cars, boats, business personal property, etc.). Additionally, as a matter of public record, a lien is commonly identified by credit reporting agencies, which may require obligee to resolve the liability sooner if additional financing was attempted. Liens on real estate are a common way for our clients to collect what they are owed. Liens on personal property, such as motor vehicles, are less frequently used, but can be an effective way for our clients to collect.
To sell or refinance property, a party must have a “free and clear title”. A lien on their commercial property, personal home, company vehicles, or other property encumbers their title from being “free and clear”. To regain a free and clear title, they must pay off the lien. Thus, securing a lien on property is an effective method of collecting what you are owed.
Property Levy - With judgment, a judge may grant a writ of execution allowing seizure of certain property owned by a party. Depending on the party obligated to the liability in question, this may come in the form of personal assets.
Bank Levy - If enforceable, this scenario allows a company's bank accounts to be frozen until a judgment is satisfied or negotiate settlement of an unpaid debt.
Wage Garnishment - If we find officers or employees are personally liable through our investigation, this allows us to intercept their personal wages (up to the state maximum percentage).
Till Tap - A till tap consists of the direct seizure of money from the cash register of a particular business by the U.S. Marshal or sheriff's office pursuant to a writ of execution. The propriety of executing a till tap depends on applicable state law.
Any litigation will be handled with least amount of administrative costs possible. In every case, we will instruct the attorney to seek recovery of any court costs and attorney’s fees.
Till Tap - A till tap consists of the direct seizure of money from the cash register of a particular business by the U.S. Marshal or sheriff's office pursuant to a writ of execution. The propriety of executing a till tap depends on applicable state law.
Any litigation will be handled with least amount of administrative costs possible. In every case, we will instruct the attorney to seek recovery of any court costs and attorney’s fees.
