Collecting judgement against an incorporated business

Previous | Next
 rated by 0 users
Latest post 01-04-2010 12:02 PM by adjuster jack. 1 replies.
  • 01-03-2010 2:06 PM

    • Lu Lu2
      Consumer
    • Not Ranked
    • Joined on 08-20-2002
    • Posts 14

    Collecting judgement against an incorporated business

    I have a small claims judgement against a business that is incorporated.  Is it possible to force the sale of the business or the building owned by the corporation if all other attemps at collection fail. 

    Any advice about what collections options are best?  Should I try a "till tap"?

    The business is a bar in California.

  • 01-04-2010 12:02 PM In reply to

    Re: Collecting judgement against an incorporated business

    Lu Lu2:
    Is it possible to force the sale of the business or the building owned by the corporation if all other attemps at collection fail.

    Anything's possible.

    But I'm guessing that something like that would cost you more in attorney fees than the amount of your judgment.

    Lu Lu2:
    Any advice about what collections options are best? Should I try a "till tap"?

    I would certainly try that.

    Here are some sources that refer to "till tap."

    http://www.courtinfo.c...

    http://www.dca.ca.gov/...

    http://www.scacadvice....

    http://www.solanocourt...

    http://www.sdsheriff.n...

    Your local court might have the forms and instructions, or the CA forms center might:

    http://www.courtinfo.c...

    If you can find out where the business bank account is, you might consider a bank account levy.

     

    • The right of the people 
    • to keep and bear arms,
    • shall not be infringed.
Page 1 of 1 (2 items) | RSS

My Community

Community Membership New Users: Search Community