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Article Title:
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Small Business Collections: Third Party Levy Power

Article Description:
====================

WSB: He was in a bind so I loaned him some money. That was three
years ago.  When he got back on his feet again, he wouldn't talk
to me about repaying my money, or even return my phone calls.  So
I went to court and got a judgment against him. GS: Third Party
Levies are a powerful tool to help you collect that judgement
debt.


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324 Words; formatted to 65 Characters per Line
Distribution Date and Time: 2006-06-27 11:00:00

Written By:     Gene Allen
Copyright:      2006
Contact Email:  mailto:[EMAIL PROTECTED]



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Small Business Collections: Third Party Levy Power
Copyright © 2006 Gene Allen
Digen Recovery
http://www.digenrecovery.com



Walter Small Business:  For years we had a great business
relationship. We shared rental space, did joint promotions, and 
made money together... not a lot of money, but  we made money. 
Then he got into trouble with the IRS, something about back taxes
on some land.  He was in a bind so I loaned him some money.

Gene Skiptracer: How much money?

WSB:  $8,700.00!  That was three years ago.  When he got back on
his feet again, he wouldn't talk to me about repaying my money,
or even return my phone calls.  So I went to court and got a
judgment against him.

GS:  What type of business does he have?

WSB:  He owns PR Trucking Company.  He has five trucks and his
biggest customer is Stay Lowe Food Market

GS: Is your judgment against him or against the company?

WSB: Against both.

GS:  I think you can get your money fairly easy.  Who supplies
his gas?

WSB: Reader Oil Company.  He pays for consignments and has a
storage tank almost as big as a gas station.  They make two
deliveries a month.

GS:  This is how you can get his attention and make him pay. Have
your attorney file garnishment papers requesting a third party
levy.  A third party levy is a powerful collection tool..  You
can  garnish the Stay Lowe Food Store and request that it
surrenders all money being held for the judgment debtor.  You can
also use a third party levy to seize all products being held by a
third party for the judgment debtor.  If PR Trucking pays Reader
Oil Company for a consignment of gas, you can petition the court
to order Reader Oil Company to release the gas to you.  Once
it's in your possession you can auction it off to pay for your
judgment.  Third party levies can be used to garnish bank
accounts, stocks and bonds, or any other valuables being held by
a third party.




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Gene Allen is a collection specialist with 11 years of experience
in the industry.  His new ebook "Powerful Secrets of Bounty 
Hunters & Lawmen for Tracking Deadbeat Cash...Guaranteed" gives 
practical tips on asset location.  http://www.digenrecovery.com


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