Florida Assignment of Judgment
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FAQ
Post-judgment discovery is appropriate as long as the judgment is enforceable.? The Court found that Florida judgments have a twenty year life during which those judgments are enforceable.
If the judgment debtor does not pay, you are entitled to get the sheriff to seize the judgment debtor's property. The seizing of property by the sheriff is called a levy. Once the sheriff has levied on the property, the sheriff will then sell it, and pay you out of the money the sheriff receives from the sale.
File Bankruptcy If all else fails, a person can avoid paying a judgement by filing for Chapter 7 bankruptcy. Chapter 7 bankruptcy enables a debtor to discharge all their unsecured debt, including monetary judgements. The bankruptcy debtor must in exchange turn over to the bankruptcy trustee all their non-exempt assets.
(1) At the time of the recording of a foreign judgment, the judgment creditor shall make and record with the clerk of the circuit court an affidavit setting forth the name, social security number, if known, and last known post office address of the judgment debtor and of the judgment creditor.
You can't go to jail for failing to pay a debt or a judgment. However, if you do not pay a debt, or if a judgment is entered against you, this information can be reported to credit bureaus and made a part of your credit history. This information can be reported for up to seven years on your credit reports.
In the state of Florida, you can't be put in jail for failing to pay a debt or judgment.
55.206 Amendment of judgment lien file; termination, partial release, assignment, continuation, tolling, correction. 55.207 Correction of judgment lien file. 55.208 Effect of prior liens on payment intangibles and accounts; effect of filed judgment lien on writs of execution previously delivered to a sheriff.
Florida Statute § 56.29 provides judgment creditors with an expeditious remedy to both discover assets which may be subject to the judgment, as well as subject those assets to a speedy proceeding in the same court where the original judgment was obtained. Regent Bank v. Woodcox, 636 So.
