Bank Levies

LEVYING A SAFE DEPOSIT BOX

LEVYING A SAFE DEPOSIT BOX

I am a child of the 1980's and a huge movie fan. One of my childhood favorites is The Goonies. The Goonies search for a hidden treasure in order to save their neighborhood. While our post judgment collection activities are never as exciting as the adventure of the Goonies or another of my favorites, Indiana Jones, occasionally our post judgment work is exciting. One such instances is levying on a safe deposit box.

COLLECTING A JUDGMENT IN THE REAL WORLD

The Real World of Judgments

When Pacific Gas and Electric settled for $333 million in the class action case made famous by the movie Erin Brockovich, the plaintiffs, lawyers, and even Erin herself, all walked away with a win and a fair share of cash.

Yet, most of us aren't lucky enough to receive a $1 million check the day we win in court.

The judge or jury who ruled in your favor or the attorney who helped you win that judgment aren't going to stand around to ensure you get paid.

So what exactly can you do with that judgment? And how can you collect the money?