Enforcing Judgment Against Llc

Summary

Enforcing a judgment against an LLC in New Jersey involves seizing assets or garnishing bank accounts. LLC members are typically not personally liable unless theres fraud or personal guarantees. In bankruptcy, an insolvency practitioner manages assets, and creditors can file claims. Respondents must pay filing fees to respond to AAA cases, and ignoring deadlines can lead to default judgments. Personal liability may arise from fraud or personal guarantees. Truthful statements are a defense against defamation, even in arbitration.

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In order for the respondent to reply to an AAA case and counter claim what would it cost for them to respond
To respond to an AAA case and counterclaim, the costs can vary based on several factors, including the type of claim and the specific AAA rules. Generally, the respondent would need to pay:
- Filing Fees: These are typically required to submit a response or counterclaim.
- Legal Fees: Costs for hiring a lawyer to draft and file the response.
Would you like more detailed information on the specific fees involved?
And what would the filing fee be for a case worth $*,*
For a case worth $*,*, the AAA filing fees can vary. Here's a rough idea based on AAA's fee schedule:
- Initial Filing Fee: Approximately $*,*
- Final Fee: Approximately $*,*
Would you like more details on the enforcement process or the next steps after obtaining a judgment?
Is that the respondent's part of the fee, I have already paid the filing fee as the claimant to file the case, they have to pay too to respond?
Yes, the respondent must pay their own filing fee to respond to your case. This fee is separate from the fee you paid as the claimant.
Would you like more information on the next steps after the respondent's filing?
And if the case is for $*,*, is in New Jersey and has to be responded to the AAA, what would their exact fee be to respond?
The exact fee for the respondent to respond to an AAA case worth $*,* would include:
- Initial Filing Fee: Approximately $*,*
- Final Fee: Approximately $*,*
Would you like more information on the next steps after obtaining a judgment?
What happens is they ignore the 14 day period they have to respond by?
If the respondent ignores the *-day period to respond, you may obtain a default judgment from the AAA. This can then be confirmed by a court, allowing you to pursue enforcement actions such as seizing assets or garnishing bank accounts of the LLC.
Would you like more details on the enforcement process?
And can they appeal the default judgment or is that final if they miss the 14 day window?
If the respondent misses the *-day window to respond, they can still appeal the default judgment, but it would be more challenging. They would need to show a valid reason for missing the deadline, such as lack of notice or other extenuating circumstances.
Would you like information on how to proceed with enforcing the judgment?
What would extenuating circumstances be?
Case Rating: *.
Extenuating circumstances that might allow an appeal of a default judgment include:
- Lack of proper notice of the proceedings.
- Medical emergencies or serious illness.
- Natural disasters impacting the respondent's ability to respond.
- Proof of fraud or misrepresentation in the initial notice.
Would you like more information on any specific point?
How likely is it based on statistics that the respondent won't respond to the case given they are a shell LLC?
It's difficult to provide precise statistics on whether a shell LLC will respond, as it depends on various factors such as the entity's management and financial condition. However, shell LLCs often ignore legal actions due to lack of assets or intention to dissolve.
Would you like more information on enforcing a judgment if the respondent defaults?
and if they dissolve the company, how do I get my assets back that I sold them that are tied to a power of attorney agreement that in the event of a default the assets become mine again
If the LLC dissolves, you can use your power of attorney to reclaim your assets. Here are some steps to consider:
*. Exercise Power of Attorney: Use it to take back control of the assets.
*. Insolvency Practitioner: If in bankruptcy, coordinate with the insolvency practitioner.
*. Legal Action: Seek a court order to enforce asset recovery if necessary.
Would you like more details on any specific step?
As far as im aware, if a default judgment is granted, the next step would be a filing with the superior court to get a monetary judgment, how does that become enforecable and is it illegal for the respondent to not pay?
To enforce a monetary judgment:
- Register the judgment with the court.
- Use enforcement actions like seizing assets, garnishing bank accounts, or placing liens.
- It's illegal for the respondent not to pay; non-compliance can lead to further legal actions.
Would you like more details on any specific enforcement action?
How much does it cost to file with the superior court
The cost to file a claim with the Superior Court in England varies depending on the type and value of the claim. For a monetary claim:
- Claims up to £*: £*
- Claims between £*.* and £*: £*
- Claims between £*.* and £*,*: £*
- Claims between £*,*.* and £*,*: £*
- Claims between £*,*.* and £*,*: £*
- Claims between £*,*.* and £*,*: £*
- Claims between £*,*.* and £*,*: £*
- Claims over £*,*: *% of the claim's value, up to a maximum of £*,*
Would you like more information on how to proceed with filing a claim?
In new Jersey USA not england
I apologize for the confusion. Here are some general points relevant to New Jersey:
- Enforcing a Judgment: Register the judgment with the New Jersey Superior Court. Enforcement actions can include seizing assets, garnishing bank accounts, or placing liens.
- Cost: The filing fee to register a foreign judgment in New Jersey is approximately $*.
Would you like more details on any specific enforcement action?
SO in order to file a monetary judgment for $*,* with the superior court in new Jersey it will only cost $*?
It appears there's some confusion.
To enforce a monetary judgment in New Jersey:
- Filing a Foreign Judgment: Approximately $*.
- Additional Costs: Enforcement actions (seizing assets, garnishing accounts) may incur further costs.
Would you like more details on the specific enforcement actions or related costs?
what is a forein judgment
A foreign judgment is a legal decision made by a court in one jurisdiction and recognized and enforced in another jurisdiction. Here are the key points:
- Recognition and Enforcement: It allows the judgment creditor to pursue enforcement actions in the jurisdiction where the debtor has assets.
- Legal Procedures: The judgment must be registered with the local court to be enforceable.
- Defenses: The debtor may raise defenses like lack of jurisdiction or fraud.
Would you like more details on the process of registering a foreign judgment in New Jersey?
when would the member or agent of the LLC become liable if the LLC doesnt pay and how can you make sure the member, agent or officer take the judgment seriously
Members or agents of an LLC in England generally become personally liable if:
- Fraud: If they committed fraud or wrongful acts.
- Personal Guarantees: If they've personally guaranteed the debt.
- Wrongful Trading: If they continued trading when they knew the LLC couldn't pay its debts.
To ensure they take the judgment seriously:
*. Enforcement Actions: Seize assets, garnish accounts.
*. Legal Pressure: File for contempt of court if they ignore orders.
*. Public Pressure: Report to credit agencies.
Would you like more details on any of these steps?
NOT england, New Jersey USA
Apologies for the confusion earlier. Here’s the pertinent information for New Jersey, USA:
Personal Liability in New Jersey:
- Fraud: If members or agents commit fraud or wrongful acts.
- Piercing the Corporate Veil: If the LLC is a sham or used to perpetrate fraud.
- Personal Guarantees: If they've personally guaranteed the debt.
Ensuring Compliance:
*. Enforcement Actions: Seize assets, garnish accounts.
*. Legal Pressure: File for contempt of court if they ignore orders.
*. Public Pressure: Report to credit agencies.
Would you like more details on enforcing a judgment or on piercing the corporate veil?
When do people usually respond to a case filing as a respondent, they have 14 days to respond and we are on day *
If a respondent doesn't reply within the *-day period, you can seek a default judgment. If you obtain a default judgment, you can then proceed to enforce it through the court.
Would you like details on how to file for a default judgment?
What is classified as defamtion if I am going to make the details of my case public, an LLC headed by a member and agent that are well known in a certain community won't want their failure to make right a debt public, but I want to be careful so as not to be sued for defamation. If everything I am saying is factual how can it be defamatory?
Defamation in England involves publishing a statement that harms someone's reputation. For a statement to be defamatory, it must be:
- False: Truth is a defense against defamation.
- Harmful: It must cause serious harm to the person’s reputation.
- Unprivileged: Statements made in certain contexts (e.g., court) are protected.
Since truth is a defense, ensure your statements are factual and you have evidence to back them up.
Would you like more information on how to present your case publicly without risking defamation?
In Ne Jersey USA
Defamation in New Jersey involves making a false statement that harms someone's reputation. Key points to consider:
- Truth: A true statement is a defense against defamation.
- Harm: The statement must cause actual harm to reputation.
- Privilege: Some statements (e.g., in court) are protected.
Would you like tips on how to present your case publicly while minimizing the risk of defamation claims?
but my case is in arbitration not a court
For arbitration, be cautious when making public statements. Here are some key points to avoid defamation:
- Truth: Ensure all statements are factual and verifiable.
- Harm: Avoid statements that could unjustly harm reputations.
- Privilege: Understand that statements made in arbitration may not be protected like those in court.
Would you like advice on handling communications during arbitration?