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June 16, 2011

Importance of Obtaining and Docketing Judgment

When a debtor owes you money, however you don’t reckon that he or she will have sufficient assets to pay you straight away, it is still advantageous to obtain a judgment against the debtor since of the extended term benefits a creditor obtains from having that Judgment “on record.” Although it might seem laborious or costly to purse a legal judgement against a debtor, it is likely that the effort won’t be in vain, and that the reward will outweigh the initial expense.
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