Legal Question in Civil Litigation in California
Hi,
An out-of-state (Florida) vendor won a $100k default judgment in Florida against us and then had it transferred to our state (California). The sister-state judgment was entered on Jan 2010, but we've had no contact with the vendor or the courts since, and no attempt has been made to enforce the judgment as far as we know. What could be the reason for the inaction, and do we have any options? I'm wondering if it's because we don't have any property they can immediately seize (the banks still own our building and equipment), and we've changed bank accounts.
TIA
1 Answer from Attorneys
Without reviewing the documents it is hard to say, but your gut instinct is probably correct. It costs money to try to collect a judgment and if there are no easily collectible assets, then they may not bother. A judgment is valid for 10 years and can be renewed for another 10, so they have time on their side. What I would anticipate would be an Order of Examination where you would have to answer questions under oath about your business finances, assets, etc... and then maybe they might try to attach your receivables. If you are concerned about the judgment being collected, then you should meet with an attorney to get more specific advice.
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