By Stephen J. Muhonen, Creditor’s Rights / Collections Attorney, Racine Olson, PLLP
The practice of law has endless highs and lows. Behind every victory, or so it seems, lays another potential legal concern that can take the rug right from under your feet. Due diligence and controlled paranoia, if you will, are part of the territory in the on-going attempt to stay on top of your case. This sentiment holds true even after you have won your case and judgment has been entered in your favor. One may think, “Hey, I won, I have a judgment, all’s well, I’ll just get paid now and ride off into the sunset.” Ha ha, if it were always so easy….
Obtaining a judgment does not necessarily mean, “Here is your payment.” It is more common than one may think, for it to take years (perhaps even never) to collect on a judgment. Judgments are not good forever and the judgment creditor needs to stay on top of keeping their judgment current if it has not been satisfied. Idaho Code §10-1111 provides: