I took a lady to small claims court and put a judgement against her. I received a letter that her house is in foreclosure and it lists the Plaintiff (Plaintiff) myself with a couple other names (Defendants) on the sumons. When the house gets sold and the debt of the house is paid, if there is any money I will get paid right? Can I do anything to secure I get my money or is this a loosing battle for me?
Chapter 7 Bankruptcy Attorney
In theory, yes, if there is anything left over from the sale you will be paid. Unfortunately in nearly all foreclosure sales now there is nothing left to go around and, in fact, the foreclosing lender typically ends up receiving much less than it is owed.
If you really want to collect on your judgment you will be better served to hire a collection attorney to collect the judgment using other means such as garnishment of accounts or wages. Be prepared to spend some money on your attorney in collecting the debt. Best of luck.
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