Legal Question in Civil Litigation in California

Contract Breach/Judgement Collection

Finally filing unlimited civil nearing 4 year statute. Promissory note states simple interest 10% per year along with penalties 10% per year. Limit or cutoff to computing amounts requested on case forms? Also, Defendant boasts being ''judgement proof''. Doesn't own any non-exempt assets. We are curious about sources to locate any income, regardless of how small. Checking account, credit cards, retirement held by previous employer? Anything?


Asked on 9/21/08, 1:28 pm

1 Answer from Attorneys
Robert F. Cohen Law Office of Robert F. Cohen

Re: Contract Breach/Judgement Collection

File your case to avoid being time-barred. Then hire a private investigator to locate assets. Credit cards are not assets. They are debts. Retirement accounts more than likely are exempt.

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Answered on 9/21/08, 4:02 pm


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