April 2016

Post Judgment Collection Attorney North Carolina

Submitted by kirksanderslaw on

Tags: 
post judgment collection attorney north carolina; NC post judgment collection process

A lot of times so much energy is spent getting a judgment at court whether by motion or by trial. But how do you collect on that judgment if the debtor doesn't turn around a pay?

North Carolina has archaic post-judgment collection laws that date back to the 1800's. It's a maze to get through the process of exemptions and executions.

One useful tool in the NC post judgment collection process is the motion and order for the judgment debtor not to dispose of assets.This is part of the NCGS

Post Judgment Collection Attorney North Carolina

Submitted by kirksanderslaw on

Tags: 
post judgment collection attorney north carolina; NC post judgment collection process

A lot of times so much energy is spent getting a judgment at court whether by motion or by trial. But how do you collect on that judgment if the debtor doesn't turn around a pay?

North Carolina has archaic post-judgment collection laws that date back to the 1800's. It's a maze to get through the process of exemptions and executions.

One useful tool in the NC post judgment collection process is the motion and order for the judgment debtor not to dispose of assets.This is part of the NCGS

Using a Charging Order against LLC Interest

Submitted by kirksanderslaw on

Tags: 
Charging Order LLC NC

A short discussion about using Charging Orders after the creditor has a judgment against the debtor. In NC the court can issue a charging order so that any disbursements from the LLC for the debtor have to be directed to pay the creditor. Can be very effective at shutting down the cash flow for a debtor. It helps get the debtor more incentivized to settle the debt and provides money to the creditor to be used to help satisfy the judgment owed to the creditor.