How do I know if the litigation process is right for me?
Who covers the cost of litigation?
What happens if I prevail in court?
If your case involves financial damages, you will get a judgment that can be enforced against the adverse party. In some instances, your judgment becomes a lien on real estate owned by the judgment debtor. Ultimately, if the debtor does not satisfy the judgment, you may be able to foreclose on real or personal property owned by the debtor. In other cases, such as a personal injury lawsuit, the judgment may be paid by the debtor’s insurer. Unfortunately, in some cases, a debtor may be “judgment proof,” meaning that they have no appreciable assets or ability to satisfy the judgment In some cases, a debtor may file bankruptcy in order to discharge the debt owed to you under the judgment. Thus, it is always important to evaluate the collectibility of a judgment prior to incurring attorney fees through litigation.
Litigation can be an overwhelming process, and, in many cases, a lengthy one. Having a skilled and experienced team of attorneys on your side will help ensure that you are taking all the necessary steps and precautions to get the best outcome for your case. If you need an attorney to file a lawsuit or if a lawsuit has been filed against you, reach out to us at Endacott, Peetz, & Timmer today for an initial consultation. We’re here to offer thoughtful, compassionate, and informed advice and experience-driven and efficient counsel for your legal needs.