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If the defendant simply does not pay, you may execute on the defendant's property, you may have a garnishment issued against the defendant's assets or wages and you may compel the defendant to come to court for a Hearing on Assets to determine what assets are available.
In realistic terms, you are ?attaching? your judgment to the Judgment Debtor's assets. Some methods of carrying out an attachment in Oklahoma include recording a judgment, seeking a garnishment, or having the court issue a writ of execution to the sheriff.
It is very important to list your belongings in the Petition and claim them as Exempt. Guns, Horses, Cows, Furniture, Clothes, Wedding Rings, Electronics, Tools and Retirement Accounts if listed and claimed properly will be exempt and you can keep them!
Once a plaintiff has obtained a default judgment against a defendant, they can use it to collect a debt or damages in several ways. Collection efforts may include wage garnishments, property liens, seizure of assets held in bank accounts, and more.
In Oklahoma it is crucial to keep in mind the (5) year statute of limitation on your judgment. After that period, if the judgment is not renewed, it cannot legally be recognized in a court of law and can no longer be renewed if renewal period has passed.
In Oklahoma it is crucial to keep in mind the (5) year statute of limitation on your judgment. After that period, if the judgment is not renewed, it cannot legally be recognized in a court of law and can no longer be renewed if renewal period has passed.