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Requesting Payment
From the Debtor After You Receive a Judgment
You
must take steps to ensure your rightful payments.
You will receive the
arbitrator's decision-the judgment, by mail in three to ten days.
Having received your
judgment, you should without further delay send the debtor a letter
referring to the judgment as given in your favor and request that the
debtor pay you now. This is a mandatory step and sets the stage for
all further action.
Observation It
is a commonly held misconception by the general public that once you
have obtained a judgment that awards you the amount you claimed for,
the debtor must pay you or else. Not so! There is no penalty for not
paying. That is why the reader must familiarize himself with the
"tools" for compelling the unwilling debtor to pay the
judgment.
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