Legal Question in Credit and Debt Law in Missouri

Hi. I am a Missouri attorney with experience in collection issues, that handles matters in most parts of the state.

There are numerous legal procedures, which can often be fairly complex, that can potentially be utilized to collect a judgment. The particular procedure used will be determined by numerous factors. Most importantly, of course, is the solvency, or financial health, of the company. For example, whether the company has the cash reserve to pay the judgment, or whether the company will have to liquidate its assets. Also, if the company has filed bankruptcy, there are other issues to look at, to determine how much of your judgment can be collected. Other relevant factors include the legal organization of your former employer (whether a corporation, partnership, sole proprietorship, etc...).

Moreover, the specifics of the default judgment are relevant as well. For example, whether the judgment was to be paid in a lump sum, in periodic payments, or in some other method. Has any amount of the judgment been collected? Furthermore, the circumstances of the default judgment are important. The employer may attempt to set-aside the default judgment. However, if the judgment was entered some time ago, it is probably beyond the time for them to try to set-aside the judgment. There are ways to potentially collect the judgment, but it may require additional legal procedures and court orders.

For convenience, I can be reached via e-mail at [email protected]. Thanks.

NOTE: This answer is for educational purposes and does not constitute legal advice. The use of this site does not create an attorney-client relationship or privilege between the user and the attorney responding.

Hi. I am a Missouri attorney with experience in collection issues, that handles matters in most parts of the state.

There are numerous legal procedures, which can often be fairly complex, that can potentially be utilized to collect a judgment. The particular procedure used will be determined by numerous factors. Most importantly, of course, is the solvency, or financial health, of the company. For example, whether the company has the cash reserve to pay the judgment, or whether the company will have to liquidate its assets, assuming it has assets. Also, if the company has filed bankruptcy, there are other issues to look at, to determine how much of your judgment can be collected. Other relevant factors include the legal organization of your former employer (whether a corporation, partnership, sole proprietorship, etc...).

Moreover, the specifics of the default judgment are relevant as well. For example, whether the judgment was to be paid in a lump sum, in periodic payments, or in some other method. Has any amount of the judgment been collected? Furthermore, the circumstances of the default judgment are important. The employer may attempt to set-aside the default judgment. However, if the judgment was entered some time ago, it is probably beyond the time for them to try to set-aside the judgment. There are ways to potentially collect the judgment, but it may require additional legal procedures and court orders.

For convenience, I can be reached via e-mail at [email protected]. Thanks.

NOTE: This answer is for educational purposes and does not constitute legal advice. The use of this site does not create an attorney-client relationship or privilege between the user and the attorney responding.

Hi. I am a Missouri attorney with experience in collection issues, that handles matters in most parts of the state.

There are numerous legal procedures, which can often be fairly complex, that can potentially be utilized to collect a judgment. The particular procedure used will be determined by numerous factors. Most importantly, of course, is the solvency, or financial health, of the company. For example, whether the company has the cash reserve to pay the judgment, or whether the company will have to liquidate its assets. Also, if the company has filed bankruptcy, there are other issues to look at, to determine how much of your judgment can be collected. Other relevant factors include the legal organization of your former employer (whether a corporation, partnership, sole proprietorship, etc...).

Moreover, the specifics of the default judgment are relevant as well. For example, whether the judgment was to be paid in a lump sum, in periodic payments, or in some other method. Has any amount of the judgment been collected? Furthermore, the circumstances of the default judgment are important. The employer may attempt to set-aside the default judgment. However, if the judgment was entered some time ago, it is probably beyond the time for them to try to set-aside the judgment. There are ways to potentially collect the judgment, but it may require additional legal procedures and court orders.

For convenience, I can be reached via e-mail at [email protected]. Thanks.

NOTE: This answer is for educational purposes and does not constitute legal advice. The use of this site does not create an attorney-client relationship or privilege between the user and the attorney responding.

Hi. I am a Missouri attorney with experience in collection issues, that handles matters in most parts of the state.

There are numerous legal procedures, which can often be fairly complex, that can potentially be utilized to collect a judgment. The particular procedure used will be determined by numerous factors. Most importantly, of course, is the solvency, or financial health, of the company. For example, whether the company has the cash reserve to pay the judgment, or whether the company will have to liquidate its assets, assuming it has assets. Also, if the company has filed bankruptcy, there are other issues to look at, to determine how much of your judgment can be collected. Other relevant factors include the legal organization of your former employer (whether a corporation, partnership, sole proprietorship, etc...).

Moreover, the specifics of the default judgment are relevant as well. For example, whether the judgment was to be paid in a lump sum, in periodic payments, or in some other method. Has any amount of the judgment been collected? Furthermore, the circumstances of the default judgment are important. The employer may attempt to set-aside the default judgment. However, if the judgment was entered some time ago, it is probably beyond the time for them to try to set-aside the judgment. There are ways to potentially collect the judgment, but it may require additional legal procedures and court orders.

For convenience, I can be reached via e-mail at [email protected]. Thanks.

NOTE: This answer is for educational purposes and does not constitute legal advice. The use of this site does not create an attorney-client relationship or privilege between the user and the attorney responding.