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Is a smaller judgment easier to enforce?

Sometimes. If you've investigated and located assets, and it's small but a decent number--$2K to $5, for example, then why not accept the judgment, and use your enforcement tools.


But often a larger, or even a very large judgment, is just as easy as a smaller one.


Example #1: Judgment debtor Bob Riley has a home with $200K in equity, and a $5K judgments against him from an auto accident. What do you do? You take assignment. You put a lien on the home. You can even force a sale of the home if you want to, in just about any state.


Example #2: Judgment Jim Greene lives down the street from Bob Riley, and has a home with $200K in equity and a larger, $100K judgment against him for running off with the money he got to build an addition onto someone's home. You enforce it the same way as the smaller judgment. You take assignment. You put a lien down. And, maybe force a sale of the property to satisfy the judgment. (He'll very likely just pay up or make a deal, rather than lose the home.)


It all depends on how well you investigate, and what you find. If you didn't find anything, then of course you wouldn't have taken the judgment.


But if you've accepted the two above case, small and big. you are good to go.


Questions? Let me know.


My best to all here, Peter



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