Winning the lawsuit is the first step, next comes collecting or enforcing the judgment. The Law Office of Douglas R. Johnson has obtained and collected tens of millions of dollars in judgments for our clients. Often, getting the judgment is the easy part — and the hard part is converting judgments into real money or assets for our clients.
If you are looking for a law firm that is familiar with how to get civil judgment enforcement, you have come to the right place. Our firm can perform the following services for you to assist you in getting back the money that is owed to you:
Citation to Discover Assets and Debtor's Examinations
Third-Party Citations to financial institutions or other third parties that owe the judgment debtor money
Asset searches and other investigative measures
Settlement and Forbearance Agreements
Creation of liens on real and personal property
Sister-State and Foreign Judgment Registration
Charging Orders on LLC Interests
Our judgment recovery services are specifically tailored to serve individuals and businesses alike. In addition, we serve out of state attorneys to help them get civil judgment enforcement against an Illinois judgment debtor. We would be happy to assist you and offer a free consultation.
Judgment collection efforts are fact-sensitive, but oftentimes we recommend a citation to discover assets. Here are further steps that the Law Office of Douglas R Johnson will take for the judgment collection process.
The First Step:
Obtaining a judgment against the person or entity who owes you money.
We can assist with this on a flat fee basis if you do not have a judgment collection in place in Illinois.
The Second Step:
If you already have a judgment in place in Illinois, the next step is collecting the judgment. Collection efforts are fact-sensitive, but oftentimes we recommend a citation to discover assets. Below you will find a description of what a citation to discover assets is.
We handle a citation to discover assets on behalf of a judgment creditor for a flat fee of $800, which includes preparation of the citation to discover assets, up to two court appearances and the costs of filing and service. It costs $80 to file a citation to discover assets in Cook County and other counties charge a similar amount. The citation needs to be served on the judgment debtor via certified mail and if the certified mail or personal service.
Illinois law allows for a creditor to attempt to collect on the judgment to appear before the court on a Citation to Discover Assets, which is a tool to discover and recover assets of a debtor. A citation to discover assets allows a creditor to compel a debtor to give complete disclosure of the debtor's financial situation. In Illinois, a citation to discover assets is a powerful tool in that it can be used to perform any action that can be used in all other post-judgment procedures.
The citation to discover assets is a continuing lien on any of the debtor's property and allows for a creditor to discover all assets belonging to the debtor. This is an extraordinary remedy that can be used to reach recalcitrant or dishonest debtors who are unwilling (but often able) to satisfy the judgments entered against them. A citation to discover assets does many things that other post-judgment procedures such as wage garnishments and nonwage garnishments don't. Namely, a citation to discover assets creates a continuing lien upon service on the debtor or a third-party that you believe may have assets of the debtor. In addition, it creates a lien on all personal property.
Next, a citation to discover assets requires the respondent to appear personally in court or they may be held in contempt of court. In addition, you can serve the citation to discover assets via certified mail and you may be able to get attorney fees in a citation to discover assets proceeding.
Law Office of Douglas R Johnson has extensive experience in collecting and enforcing judgments via a citation to discover assets. If you have a judgment in Chicago, IL or surrounding areas, please contact us to assist you. Contact us if you want to proceed with the flat fee of $800 and attempting to discuss your judgment collection case further via a citation to discover assets.
Click Here to Download Your Enforcing and Collecting on Judgments in Illinois Ebook. We hope this ebook assists you in navigating your way through the in's and out's of enforcing a judgment in Illinois.