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My debtor has no income or assets. What do I do?

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Unfortunately, you can’t get blood out of a stone.

When collecting debts, it is important to consider what you know of your debtor’s financial position. With a court judgment it is possible to seize their assets and require part-payments from their regular income. However, if your debtor lacks any means to pay the debt, you could be throwing good money after bad.

 

 

 

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