I don't think that's right Cat

Posted by J Kelly (68.163.2.72) on August 04, 2004 at 15:47:03:

In Reply to: i so agree posted by catb on August 04, 2004 at 14:08:34:

A judgment can only be executed by the CA that got the judgment and if the debtor moves to another state, then they have to go through a whole legal process to execute, and then that's only if they can locate assets. All of that costs money.
What I have seen on line is people locate assets and collect on judgment FOR THE company that got the judgment award. I don't think they can sell a judgment. Or, it they can, bet it is a complicated legal process.

If it was all that easy for them Cat, then everybody would get sued for everything. I would have had 13 law suits instead of 1. The CAs like to think they are holding the cards, and they like to have us believe that too.....I definitely do not believe it. I think the consumer is holding the cards. CAs depend on default judgments.

And, any consumer that has a judgment against him, will understand that his assets can be seized. So, why would he obtain an asset that is not non exempt. He wouldn't. He would put his money into something that was exempt from judgment. Or, put the asset in somebody else's name. Why would he put money into something that can be seized because he has a judgment against him.

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