$250,000 Judgment Against CPA
An investor retained me to enforce a federal court judgment of $250,000 against his former CPA. I first obtained a Private Place and Entry Order to seize and take possession of the judgment debtor’s Porsche Cayenne.
I followed up the vehicle levy with a judgment debtor examination in which the Court ordered the debtor (over his objection) to disclose the names, email addresses, and phone numbers of his clients. During the examination, I also discovered that he owned a Tag Heuer watch. I then moved for a turnover order, which the Court granted, to seize his luxury watch.
When the opportunity presents itself, I will be moving for Assignment Orders in which any right of payment belonging to the debtor will be assigned to my client for any professional services that he rendered or will render in the future.
$475,000 Judgment Against Wellness Treatment Facility
A medical software company retained me to register an out-of-district federal judgment of $475,000 against a hyperbaric oxygen treatment facility, and then, to seize equipment including six hyperbaric chambers.
I first conducted an onsite investigation to confirm that the judgment debtor’s business was still operating; that the hyperbaric chambers were onsite; and the facility’s hours of operation. After I was satisfied that the net benefit of seizing the personal property outweighed the cost, I recommended to my client that we seek court orders re: private place and substitute custodian.
An order for a private place allows the levying officer to forcibly enter the premises to seize the subject personal property if it is not voluntarily turned over. Here, an order for a substitute custodian was necessary, because the U.S. Marshal will not take possession of personal property (unlike the county sheriff). I lined up a moving and storage vendor to serve as the substitute custodian.
Faced with an imminent seizure, the judgment debtor agreed to pay the full amount of the judgment over 6 months. My efforts led to this settlement agreement within 90 days of being retained.
$100,000 Judgment Against Clothing Wholesaler
A New York licensed lawyer and buyer of remnants, bankruptcy claims and judgments retained me to register and enforce an out-of-district bankruptcy judgment of $100,000 against a clothing wholesaler located in the garment district of Los Angeles.
By conducting a verified search of banks within California, and specifically, within a 15 mile radius of the garment district, I located a local bank account belonging to the judgment debtor. My efforts led to a full satisfaction of the judgment.