A judgment lien attaches to tangible personal property by way of levy. Tangible personal property is things like vehicles, equipment, desks and chairs.

Levies are generally better theatre than an effective mechanism for collecting on a judgment. Tangible personal property will tend to be either without significant value or subject to prior liens. Vehicles and equipment will usually have a bank lien. Many construction contractors have a bank credit line, secured by all property of the debtor. “Free and clear” personal property will tend to be old and without much foreclosure value. The procedure for a levy tends to be involved and expensive, especially if the judgment creditor intends to foreclose on the property.

The initial steps of a levy are not very expensive, however, and can be effective to motivate a debtor to pay a judgment. A levy is also certainly an effective tool to collect if the debtor happens to have significant property that is free and clear or subject to small liens.

A levy is requested from the sheriff.

Call: 954-233-0699 or Email: Info@JudgmentRescue.com