Whether you're borrowing money or providing a loan to someone else, a Promissory Note is usually the best way to establish a record of the transaction and make sure that repayment terms, for example, are clear and fair.
However, an “IOU†is generally regarded as only an acknowledgment of a debt, not a promise to pay the debt. However, this form is a written promise to pay a debt.
Judgment Debtor Exam: This Supplemental Proceeding is held to obtain information about the assets and relevant information you need to help you in collecting. You may have the Debtor appear or a person (party) who has knowledge of the Debtors assets.
There are 2 primary methods to collect a debt: Writ of Garnishment or Writ of Execution. Writ of Garnishment is often referred to as garnishing a debtor's wages. A written notice is served to both the debtor and the debtor's employer or financial institution.
Here are the basic steps: visit the county jail's website, use a third-party inmate search tool, contact the jail directly, or check online court records. Each method provides a path to find the bail amount and plan for a loved one's quick release.
