What Is Judgment Collections

Judgment collections is the process of obtaining money due to a company by an individual. Judgment collections start with a company going to court to secure a judgment on a person who owes money on a debt. Judgment collections won in court have different options once they have proven the debt is owed by a certain individual. Judgment collections may try to garnish wages of the person in order to have the debt paid for in full. Some judgment collections can seize property of a person who is in default on a loan in an attempt to receive the monies due to the company for the debt. Judgment collections will harm a persons credit rating. More info: judgment collections New York

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