We Collect A Service of Recover and Disover Company
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NCISS
National Council of Investigation and Security Services
member since 2005


CAJP
1999 Founder, Charter Member, and Past President - California Association of Judgment Professionals


ACA
ACA - American Collectors Association-member since 2000


CAC
CAC - California Association of Collectors -member since 2000
Glossary

Money judgment: A judgment where a monetary amount was awarded to you, by a court of law. Money judgments can be awarded in Small Claims, Civil, Family Law - including Divorces and Support Orders, Criminal Restitution and Labor Board Judgments.


judg mentorjudge me \'jej-ment\ n (13 1 a: a formal utterance of an authoritative opinion b: an opinion so pronounced 2 a: a formal decision given by a court b (1): an obligation (as a debt) created by the decree of a court (2): a certificate evidencing such a decree 3 acap: the final judging of mankind by God b: a divine sentence or decision; specif: a calamity held to be sent by God 4 a: the process of forming an opinion or evaluation by discerning and comparing b: an opinion or estimate so formed 5 a: the capacity for judging: DISCERNMENT b: the exercise of this capacity 6: a proposition stating something believed or asserted syn see SENSE - judg men t \jej-ment-el\ a - judg men tal ly \-adv.


as sign ee (Recover and Discover Co.)

Pronunciation: \,a-si-'ne-, e-,si-\ n (14c) 1: a person to whom an assignment is made 2: a person appointed to act for another 3: a person to whom a right or property is legally transferred.


Abstract of Judgment: An official document you get from the court clerk's office which indicates that you have a money judgment against another person. Filing it with the Country Recorder places a lien on real property owned by the judgment debtor.


California Civil Code (CC) and California Code of Civil Procedures (CCP): Books which contain some of California's most widely used substantive and procedural law. They are available at all public libraries and law libraries. They are also available on-line by going to http://www.leginfo.ca.gov/calaw.html.


Claim of Exemption: A procedure by which a "judgment debtor" can claim that, under federal and/or California law, certain of his money or other property is exempt from collection efforts to satisfy a debt.


Contingency: An event that may or may not occur; a possibility. The condition of being dependent on chance; uncertainty.


Default Judgment: A court decision given to the plaintiff (person who filed suit) when the defendant/debtor/deadbeat fails to show up (that is, defaults).


Discharge: The legal elimination of debt through a bankruptcy case. When a debt is discharged, it is no longer legally enforceable against the debtor, though any lien which secures the debt may survive the bankruptcy case.

 

Dismissal: The termination of the case without either the entry of a discharge or a denial of discharge; after a case is dismissed, the debtor and the creditors have the same rights as they had before the bankruptcy case was commenced.


Garnish: To attach (legally take) money, usually wages, or commissions, or a bank account, for payment of a debt.


Judgment Creditor: A person to whom money is owed under a court decision.


Judgment Debtor: A person who owes money under a court decision.


Levy: A legal method to seize property or money for unpaid debts under court order. For example, a sheriff can levy on (sell) your automobile if you refuse to pay a judgment.


Order of Examination: A court procedure allowing a judgment creditor to question a judgment debtor about the extent and location of his assets.


Process Server: The person who delivers court papers to a party or witness.


Proof of Service: A document filed in court as evidence that process has been successfully served on a party.


Satisfaction of Judgment: The document filed and entered on the record indicating that a Judgment has been paid.


Subpoena: A court order requiring a witness to appear in court. It must be served on the person subpoenaed to be valid.


Subpoena Duces Tecum: A court order requiring that certain documents be produced in court.


Wage Garnishment: After a judgment has been issued (and the debtor/defendant's time to appeal has elapsed) the court will issue a writ of execution upon the judgment creditor's or Assignee of Record's request. This may then be turned over to a sheriff or marshal with orders to collect (garnish) a portion of the judgment debtor's wages directly from his employer.


Writ of Execution: An order by a court to the sheriff or marshal to collect a specific amount of money due.

May 9th 2008

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Recover and Discover Co.
P.O. Box 2390, Oakhurst, Ca 93644
(559) 641-6300
* 1-800-643-6305
fax: 559-641-6303

Copyright © 2002-2008 Recover & Discover Co. All Rights Reserved.
All content on this website is the sole copyrighted property of Recover and Discover Co. and may not be copied or reproduced in any way without written permission from Richard or Jane Cavin.

Located just north of Fresno and Serving all of California.
Founding/Board member CAJP- California Association of Judgment Professionals, Inc, CA Collectors Association, Inc, and American Collectors Association Inc., and the Better Business Bureau.

Nothing on this web site should be considered legal advice. If you need legal advice please contact an attorney

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