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Locate Bank Accounts for Judgment Recovery? $250
Locating the Bank
The easiest assets to attach are bank accounts. If bank accounts are located, the court will enforce the provisions of your judgment.
Legal Tools
There are many important legal tools that can be utilized to retrieve assets once they have been identified. This section details the more important lawful procedures available.
• Writ of Execution - This is a common judicial order that directs the enforcement of a judgment. The writ instructs the sheriff or constable to seize the debtor's non-exempt property for sale at auction. The proceeds are directed to the creditor.
• Turnover Order - This remedy is generally applied when there is no other means that can satisfy the judgment. This orders a debtor to turn all non-exempt property over to the judgment holder. This remedy permits the holder of a judgment to cast a wide net to draw in all available assets when the debtor's property cannot easily be attached or seized by the ordinary legal process. It is not necessary for the holder of a judgment to first exercise all other remedies before seeking such an order.
• Bank Levy – This order enables judgment holder to attach debtor's bank account.
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