Timeline of Events

  1. You had a past due bill.
  2. You received a late notice.
  3. The creditor sent the account to collections.
  4. A lawsuit was filed against you.
  5. A person served legal documents about the lawsuit.
  6. The Judge awarded the creditor a judgment against you.
  7. The creditor (Plaintiff in the lawsuit) requested the appointment of a receiver.
  8. The receiver located financial assets like your bank account.
  9. You (Defendant in the lawsuit) should contact The Receivers Office.
  10. You enter into an affordable agreement to satisfy the judgment.
  11. Continue to honor the agreement until fulfilled.
  12. Once the judgment has been satisfied, the plaintiff's attorney issues a satisfaction of judgment to the court.
  13. Your bank account will usually be released within 7–10 business days after a payment agreement is reached and signed.
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