Alaska Sample Letter for Collection
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How to fill out Sample Letter For Collection?
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FAQ
Include your full name, company name, and mailing address. Address the letter to your client by their full name. State the problem: Specify and provide proof of the debt in question. Reference the original contract or agreement that states the services the client owes you for.
You can collect from their pay or bank accounts, or put a lien on their property. A lien is claim on their property like a bank loan on a vehicle or a deed of trust on a house. You can try more than one of these things at the same time. There are many different legal options to enforce a judgment.
If you receive your earnings (wages, salary, commissions, etc.) either weekly, every two weeks or monthly, the following part of your earnings is automatically exempt (protected from seizure): $473 per week* or 75% of your weekly "disposable earnings,"** whichever is more.
Judgments are valid until satisfied or discharged; however, when a period of five years lapses, the judgment holder must file a motion with the court and prove sufficient cause for failure to obtain a writ of execution. Alaska Stat. § 09.35. 020.
The Plaintiff may execute the judgment, which is a court procedure to seize the Defendant's property or collect the money from the Defendant's bank account, PFD, or paycheck.
How do I collect on my judgment? You may collect the money owed you in one of two ways: either the debtor pays you voluntarily or you can execute on the debtor's property by getting a writ of execution from the judge.