Must I Pay For The Expenses Incurred In Enforcing My Judgment?
No. A collection service advances the cost of all expenses incurred in collection. The expenses are then deducted from the judgment settlement before it is divided. Finally, they petition the court to have the amount of your judgment increased by the amount of the expenses, so your debtor is ultimately forced to pay them.
Speak to an Experienced Creditors Rights Attorney Today
This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified creditors rights lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact an attorney in your area from our directory to discuss your specific legal situation.
Additional Creditors Rights Articles
- Is There A Statute Of Limitations On Executing A Judgment?
- Can You Collect Interest On An Unpaid Judgment?
- Is There Any Guarantee A Collection Service Will Collect On A Judgment?
