Warrant in Debt: Help needed
I would like to inquire in regards to a problem my son has. We noticed on a recent credit report inquiry he has a 12k judgment listed Alexandria General District Court-Case GV06001614-00 as a satisfied judgment. He never received any notification to appear in court on this matter.
I am confused why the credit report has it listed as being satisfied? Naturally we are baffled why no notice was given to appear. We are concerned about bank accounts being frozen, and more importantly brokerage accounts. The judgment was awarded to a private party, who obviously obtained an attorney. Court records on line show my son was represented by a attorney, which is strange because he had no communications with one.
How do collection attorneys locate bank accounts, and is it common to see a brokerage account have a levy placed on it? If so, by what means do said attorneys locate brokerage accounts?
Any response is appreciated.
Re: Warrant in Debt: Help needed
Your focus in this matter would appear to be misplaced on whether the judgment could be enforced against your son's bank or brokerage accounts. (The answer is yes, such accounts can be seized by a judgment creditor through a levy or garnishment.)
It would seem a better and likely more productive approach, however, to examine the judgment itself and to determine whether it may be yet set aside or vacated if in fact your son was never properly served with notice of the lawsuit.
Your son should arrange to consult with an attorney who is knowledgeable and experienced regarding collection matters and the enforcement of judgments and who should be able to advise him as to an appropriate course of action in this matter.
