From our experience at Rosenthal & Goldhaber, we find that potential clients often ask questions similar to the following when they’re thinking about the best possible approach for commercial collections or judgment enforcement. 

We hope the answers below are helpful starting points — but to discuss relevant details for your unique circumstances, please contact us and we’ll have a conversation to discuss next steps.

A judgment is merely a piece of paper in which the court has ruled that one party legally owes money to another party. It also gives the judgment creditor the right to seize assets of the judgment debtor to satisfy the judgment.

However, there is nothing that compels the judgment debtor to make payment. It is the responsibility of the judgment creditor to locate the assets to satisfy the judgment. Most of the time, locating and seizing the assets can be more difficult than obtaining the judgment in the first place, as most judgment debtors will not cooperate, and will seek to conceal assets from discovery.

At Rosenthal & Goldhaber, our firm has a proprietary process in which we attempt to locate the debtor, its assets, and other financial obligations which may be concealed. Additionally, we utilize various court processes, such as Subpoena, Executions, Restraining Notices, Garnishments, Turnover Proceedings, and other mechanisms to aid in locating and obtaining the money due to our clients on the judgments that have been obtained.