Wage garnishments and collections
in Law ·
You are a textbook example of a greedy creditor... You sat on this for five years just to let the interest pile up because you were chasing a higher payout. If you had actually moved to collect immediately, you probably would have seen some money by now. Now that you’ve hit a wall and can't collect anything, you're coming here looking for advice. Don't expect much help, even if there is some to be found. It’s pretty obvious you’re working with an incompetent lawyer, otherwise, you wouldn't be asking questions on a forum instead of getting answers from your own counsel.
My suggestion is to reach a settlement with the debtor to salvage whatever you can, because if you stay this greedy, your net gain will be essentially zero—and there's always the risk that your attorney slips up and leaves you as the victim of the enforcement process itself.
RESPONSE
First of all, please refrain from the insults. I assume you are one of those people caught on the wrong side of an enforcement action, so I can certainly empathate with your frustration...
I wouldn't call myself greedy; I simply believe in exercising the rights I am legally entitled to. You seem to think that managing a legal battle spanning sixteen years is somehow cheap, but it dragged on solely because the opposing party stretched every single procedure to its limit, forcing me to shoulder mounting costs while dealing with the glacial pace of our court system.
Regarding those five years of interest, that was simply how long it took for the appellate court to finally reject the appeal. I won't go into the specific dollar amounts involved, but what was awarded is significantly less than what this whole ordeal cost me... and the mental toll taken along the way is something money simply cannot compensate. As for my lawyer, I'm actually satisfied since we ultimately came out on top. We even went as far as proposing a settlement, but the other side refused to even listen.
What would you have done in my shoes?
So, I ask that you please don't jump to conclusions quite so quickly.
My suggestion is to reach a settlement with the debtor to salvage whatever you can, because if you stay this greedy, your net gain will be essentially zero—and there's always the risk that your attorney slips up and leaves you as the victim of the enforcement process itself.
RESPONSE
First of all, please refrain from the insults. I assume you are one of those people caught on the wrong side of an enforcement action, so I can certainly empathate with your frustration...
I wouldn't call myself greedy; I simply believe in exercising the rights I am legally entitled to. You seem to think that managing a legal battle spanning sixteen years is somehow cheap, but it dragged on solely because the opposing party stretched every single procedure to its limit, forcing me to shoulder mounting costs while dealing with the glacial pace of our court system.
Regarding those five years of interest, that was simply how long it took for the appellate court to finally reject the appeal. I won't go into the specific dollar amounts involved, but what was awarded is significantly less than what this whole ordeal cost me... and the mental toll taken along the way is something money simply cannot compensate. As for my lawyer, I'm actually satisfied since we ultimately came out on top. We even went as far as proposing a settlement, but the other side refused to even listen.
What would you have done in my shoes?
So, I ask that you please don't jump to conclusions quite so quickly.