Collection On Judgment

• Category: Civil Procedure - Judgments
• State: Multi-State
• Control #: US-00762BG
• Format: Word; Rich Text

Description

The Assignment of Judgment form is a legal document that facilitates the transfer of a judgment from one party, known as the Assignor, to another party, referred to as the Assignee. This form is critical for attorneys, partners, owners, associates, paralegals, and legal assistants who deal with judgment collection processes. It allows the Assignee to collect on the judgment, providing them the authority to act on behalf of the Assignor in recovering owed funds. The form includes essential information such as the names and addresses of both parties, the amount of the judgment, and the court where the judgment was awarded. Users are required to complete the form accurately, ensuring the judgment details are correct and the assigns are clearly identified. After filling out the necessary information, the Assignor must sign the document in the presence of a notary, depending on state requirements. Specific use cases include transferring judgment claims to a collection agency or another third party with the intent of pursuing debt recovery. This form provides a straightforward process for those involved in litigation to streamline their collection efforts, thereby enhancing the efficiency and effectiveness of claim recovery.