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NOTICE to JUDGEMENT DEBTOR Tennessee Form

NOTICE to JUDGEMENT DEBTOR Tennessee Form

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once a party prevails in a lawsuit and obtains a monetary judgment the next step is to collect that judgment while it would be nice if judgment debtors simply wrote checks to cover judgments the day that they were entered real life does not often work that way in a different presentation we discussed the steps that are advisable after obtaining a judgment together and determine whether collection activities make sense in this presentation we will look at some specific methods that are available once the decision has been made to pursue collections these formal collection methods may be necessary once it becomes apparent that the judgment debtor will not or cannot pay the judgment an alternative that is always open to the creditor is to try to negotiate a settlement that allows the debtor to pay less than the full judgment giving the judgment debtor a discount to ensure payments may save resources in the long run moreover the debtor and creditor may be able to agree on an installment pl

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