Dear [Judgment Debtor's Name], RE: DEMAND FOR SATISFACTION OF JUDGMENT — PUERTO RICO I hope this letter finds you well. I am writing to you in my capacity as the judgment creditor in the case of [Case Name and Number], wherein you were ordered by the court to satisfy the judgment entered against you. As of the date of this letter, the judgment remains unsatisfied, and I hereby demand immediate action on your part to satisfy the judgment in its entirety. Puerto Rico follows a specific set of laws and regulations regarding judgments and their satisfaction. Under the Puerto Rico Code of Civil Procedure, judgment debtors are required to fulfill their obligations within a prescribed timeframe. Failure to comply with these requirements could result in legal consequences and enforcement proceedings. As the judgment creditor, I have closely followed the legal process and exhausted all available options in order to obtain satisfaction of the judgment. It is now imperative that you take the necessary steps to fulfill your obligations as a judgment debtor to ensure compliance with Puerto Rico's laws. There are several methods by which you can satisfy the judgment, including but not limited to: 1. Payment in full: You may choose to satisfy the judgment by paying the full amount owed. This can be done through a certified check, money order, or electronic funds transfer, as agreed upon by both parties. 2. Installment payments: Alternatively, you may request a payment plan if you are unable to make a lump sum payment. You must provide a proposal for the payment plan, including the amount of each installment, its frequency, and the total duration until the judgment is satisfied. Please note that any agreed-upon payment plan will require court approval and must be filed accordingly. 3. Liquidation of assets: Should you be unable to fulfill the judgment using available funds, you may be required to liquidate assets to satisfy the outstanding amount. This may include the sale of property, vehicles, or other valuable assets owned by you. 4. Garnishment: In certain circumstances, where traditional collection methods prove unsuccessful, the court may authorize wage garnishment or the seizure of funds held in your bank accounts to satisfy the judgment. Failure to respond to this demand within the timeframe specified by Puerto Rico law may result in further legal action, including the use of enforcement mechanisms available to judgment creditors. Please be aware that additional costs and expenses incurred in the enforcement process may be added to the total amount owed. I urge you to take this matter seriously and act promptly to fulfill your obligations as required by the court. Your failure to comply with this demand for satisfaction of judgment may lead to a negative impact on your credit rating, legal penalties, and potential damage to your personal and professional reputation. Should you have any questions or require clarification regarding this matter, please do not hesitate to contact me at your earliest convenience. Sincerely, [Your Name] [Your Contact Information]
Puerto Rico Letter to Judgment Debtor Demanding Satisfaction of Judgment
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FAQ
If a judgment debtor has paid in full, settled, or otherwise complied with a judgment rendered in a magisterial district court, anyone interested in the judgment may request the entry of satisfaction of the judgment by filing a written request in the office of the magisterial district judge who rendered the judgment.
When the debtor pays the judgment, the creditor must: File a Satisfaction of Judgment form with the Clerk within 20 days.
If you do not pay the judgment within 30 days or file a Motion to Vacate the Judgment or Notice of Appeal the judgment creditor can "garnish" your wages. An Earnings Withholding Order (WG-02) tells your employer to send a portion of your paycheck to the Sheriff instead of you.
For the sheriff to do this, you first need to get a Writ of Execution from the court. This directs the sheriff to enforce your judgment (try to collect the money). Once you have a Writ, you'll then need to fill out more forms that include written instructions to the sheriff that say where to collect the money.
If you do not pay the judgment, the judge can order you to appear in court. This is called an Application And Order For Appearance and Examination (EJ-125) . You can be ordered into court every 4 months to furnish information to aid in the enforcement of judgment until you pay the judgment.
Contempt of Court May Land You in Jail That's called ?contempt of court? and it's sometimes used by debt collectors to put you in jail. Before a debt collector can ask the court to garnish your wages or otherwise compel you to pay, you may have to go through a debtor's examination.
A judgment creditor is a person or entity to whom an amount of money is owed due to a judgment that has not been paid or executed.
If your judgment has already expired, you should consult an attorney before taking any action. California judgments last for 10 years from the date they were entered.
