Re: Whats the point of a judgement if they dont collect?
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Posted by latvija (67.118.253.203) on January 29, 2004 at 21:19:13:
In Reply to: Whats the point of a judgement if they dont collect? posted by WorriedAboutthis on January 29, 2004 at 17:15:46:
I do not know form a Plaintiff's view why a Judgment would not be collected. I have a Judgment by GE Capital from 1995 that has no "collection" action. The Judgment is good for 10 years and collects 10% interest. I know from trolling the Alameda County (CA) Superior Court sites, that debtors have had their bank accounts or wages levied. For everyone who filed a "Claim of Exemption," the Plaintiff (Capitol One, Citibank, Providian, etc.) has been able to convince the judge to deny that claim.
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