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Debtors are individuals or businesses that owe money, whether to banks or other individuals. Debtors are often called borrowers if the money owed is to a bank or financial institution, however, they are called issuers if the debt is in the form of securities.
How do I collect on my judgment? You may collect the money owed you in one of two ways: either the debtor pays you voluntarily or you can execute on the debtors property by getting a writ of execution from the judge.
Judgments are valid until satisfied or discharged; however, when a period of five years lapses, the judgment holder must file a motion with the court and prove sufficient cause for failure to obtain a writ of execution. Alaska Stat. 09.35. 020.
The Plaintiff may execute the judgment, which is a court procedure to seize the Defendants property or collect the money from the Defendants bank account, PFD, or paycheck.
The most that can be garnished from your wages is the lesser of: 25% of your disposable earnings for the week, or. the amount of disposable earnings for the week that exceed 30 times the federal minimum wage.
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How do I collect on my judgment? You may collect the money owed you in one of two ways: either the debtor pays you voluntarily or you can execute on the debtors property by getting a writ of execution from the judge.

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