Strategies for Collecting Your Judgment, with Howie Sniderman, KC

Overdue Advice: Cash Flow & Debt Collection Strategies to Grow Your Business

Host Bryn Griffiths sits down with Howie Sniderman, KC, a senior litigation partner at Witten LLP, to unravel the complexities of collecting on a judgment. While achieving a judgment may seem like a victory, it's often just the beginning of a new, challenging journey towards actually securing the owed funds. Howie breaks down the intricacies of this process, from understanding what a judgment truly represents to the necessary steps you must undertake to enforce it. Join Bryn and Howie as they explore the strategies and challenges involved in turning a legal ruling into tangible results, with practical insights that could be invaluable for your business's financial strategy. Whether you're facing a simple debt collection case or a labyrinthine legal battle, this episode is packed with advice to help streamline your path to resolution. Tune in and equip yourself with the overdue advice you need!

Episode Highlights:

00:00 Understanding Money Judgments

06:32 Conduct Property and Judgment Searches

09:45 Forcing Asset Disclosure in Court

13:31 Garnishment Process for Wages and Accounts

17:26 Debt Collection Enforcement Steps

18:45 "Post-Pandemic Normalcy Challenges"

Key Takeaways:

• Judgment Basics: Discover why a judgment is merely the start of a new road and not the end of your collection process.
• Enforcement Steps: Learn about registering a writ of enforcement and how to use personal property registries to strengthen your claim.
• Practical Collection Methods: Explore various practical methods such as garnishment of wages, bank accounts, and more that can aid in collecting what you are owed.
• Real-World Insights: How the pandemic has affected debt collections and what it means for your business moving forward.