• FreeAdvice has a new Terms of Service and Privacy Policy, effective May 25, 2018.
    By continuing to use this site, you are consenting to our Terms of Service and use of cookies.

legal to sell judgments in Illinois?

Accident - Bankruptcy - Criminal Law / DUI - Business - Consumer - Employment - Family - Immigration - Real Estate - Tax - Traffic - Wills   Please click a topic or scroll down for more.

C

cmlewis

Guest
What is the name of your state? Illinois

My partner and I are conducting a judgment recovery business in Northern Illinois. We have recently run into a road block at our local courthouse in that the chief judge is telling us we need to start a new judgment, when in fact, the nature of our business is that we become the owner of the judgment from the original judgment creditor by filing an acknowledgment of assignment with the court. The judge currently won't let us continue filing our wage garnishments etc. and has told us (through the clerks) if we want to talk to him to get an attorney and set a court date. I am looking at the Illinois Civil Procedure 735 ILCS 5/2-1402 which states "A judgment creditor, OR HIS OR HER SUCCESSOR in interest when that interest is made to appear of record, is entitled to prosecute supplementary proceedings for the purposes ..." Am I reading this right that an OJC in Illinois has the right to "sell" his or her judgment and then that person or d/b/a is now the official "owner" of the judgment and should be able to enforce it by legal means as the OJC would have?
 



Find the Right Lawyer for Your Legal Issue!

Fast, Free, and Confidential
data-ad-format="auto">
Top