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It has been said many times that a civil money judgment is worth no more than the paper it is printed on. This is alarming to many people new to the civil court system. Obtaining a court judgment against a debtor takes a lot of time and effort, but it is only the first step. Enforcement of the judgment and collection of the debt owed can sometimes be the more difficult task. Below is a sampling of commonly-used enforcement tools that Griswold Law employs in order to collect debts on behalf of its clients. The information below is a discussion of potentially available options and is not meant to be relied upon or considered legal advice. Please consult with an attorney if you are seeking formal legal advice related to a particular factual situation.

First, this is not a football term. In the legal universe, a receiver can be appointed by a government regulator pursuant to a statute, appointed by a court or appointed privately. Under a receivership, the receiver undertakes custodial responsibility over another’s property, assets and rights. The extent of the receiver’s duties and powers are stated in the appointment documents, be it a court order, a statute or private agreement. Receiverships are most commonly utilized for: interim corporate management, marital dissolutions, fraudulent transfers, criminal profiteering, white collar crime and real property disputes.