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  Riser Adkisson LLP Newport Beach California

 

PLANNING COMPLIANCE LITIGATION

 

Practice Areas*

PLANNING

ASSET PROTECTION

Beneficiary-Taxed Irrevocable Trust

Billing & Collection Company

Closely-Held Insurance Company

Domestic Asset Protection Trusts

Family Limited Partnerships

Foreign Asset Protection Trusts

Modular Asset Protection

Nevada Corporation and LLC Remediation

Non-Qualified Personal Residence Trust

RetireZ Non-Qualified Private Retirement Plan

Series LLC

Synthetic Roth

Xtreme LLC

 

CAPTIVE INSURANCE

ESTATE PLANNING

INTERNATIONAL PLANNING

TAX PLANNING

 

COMPLIANCE

FINANCIAL DUE DILIGENCE

SECURITIES COMPLIANCE

 

LITIGATION

JUDGMENT COLLECTION

AND CREDITOR-DEBTOR

COMMERCIAL LITIGATION

SECURITIES LITIGATION

 

* Please note that no attorney of the firm has sought board certification by any state as a specialist in any area of practice, and no attorney of the firm claims to be a specialist in any practice area.

 

 

We represent both creditors in collection actions, and debtors in their defense.

 

Our reputation has been built on potential debtor pre-claim planning (asset protection).

 

Our services also include non-judicial workouts and advising debtors on the tax impact of short sales and foreclosures. 

 

 

California Enforcement of
Judgments Law ("EJL")
EJL Overview
D1 -- Definitions and General Provisions
D2 -- Enforcement of Money Judgments
D2 Ch1 -- General Provisions
D2 Ch2 -- Liens
D2 Ch3 -- Execution
D2 Ch4 -- Exemptions
D2 Ch5 -- Wage Garnishment
D2 Ch6 -- Miscellaneous Creditors' Remedies
D3 -- Enforcement of Nonmoney Judgments
D4 -- Third Party Claims and Related Procedures
D5 -- Satisfaction of Judgment

 

 

 

California Creditor-Debtor Resource

California Enforcement of Judgments Law

Division 2: Enforcement of Money Judgments

Chapter 1: General Provisions

 

DIVISION 2. ENFORCEMENT OF MONEY JUDGMENTS

CHAPTER 1. GENERAL PROVISIONS

Article 1. Property Subject to Enforcement of Money Judgment

CODE OF CIVIL PROCEDURE SECTION 695.010-695.070

CCP 695.010

(a) Except as otherwise provided by law, all property of the judgment debtor is subject to enforcement of a money judgment.

(b) If property of the judgment debtor was attached in the action but was transferred before entry of the money judgment in favor of the judgment creditor, the property is subject to enforcement of the money judgment so long as the attachment lien remains effective.

CCP 695.020

(a) Community property is subject to enforcement of a money judgment as provided in the Family Code.

(b) Unless the provision or context otherwise requires, if community property that is subject to enforcement of a money judgment is sought to be applied to the satisfaction of a money judgment:

(1) Any provision of this division that applies to the property of the judgment debtor or to obligations owed to the judgment debtor also applies to the community property interest of the spouse of the judgment debtor and to obligations owed to the other spouse that are community property.

(2) Any provision of this division that applies to property in the possession or under the control of the judgment debtor also applies to community property in the possession or under the control of the spouse of the judgment debtor.

CCP 695.030

(a) Except as otherwise provided by statute, property of the judgment debtor that is not assignable or transferable is not subject to enforcement of a money judgment.

(b) The following property is subject to enforcement of a money judgment:

(1) An interest in a trust, to the extent provided by law.

(2) A cause of action for money or property that is the subject of a pending action or special proceeding.

CCP 695.035

(a) A lessee's interest in real property may be applied to the satisfaction of a money judgment in any of the following circumstances:

(1) If the lessee has the right voluntarily to sublet the property or assign the interest in the lease.

(2) If the lessee has the right voluntarily to sublet the property or assign the interest in the lease subject to standards or conditions and the purchaser at the execution sale or other assignee agrees to comply with the standards or conditions that would have had to be complied with had the lessee voluntarily sublet the property or assigned the interest in the lease.

(3) If the lessee has the right voluntarily to sublet the property or assign the interest in the lease with the consent of the lessor, in which case the obligation of the lessor to consent to the assignment is subject to the same standard that would apply had the lessee voluntarily sublet the property or assigned the interest in the lease.

(4) In any other case, if the lessor consents in writing.

(b) A provision in a lease for the termination or modification of the lease upon an involuntary transfer or assignment of the lessee's interest is ineffective to the extent that such provision would prevent the application of the lessee's interest to the satisfaction of the money judgment under subdivision (a).

CCP 695.040

Property that is not subject to enforcement of a money judgment may not be levied upon or in any other manner applied to the satisfaction of a money judgment. If property that is not subject to enforcement of a money judgment has been levied upon, the property may be released pursuant to the claim of exemption procedure provided in Article 2 (commencing with Section 703.510) of Chapter 4.

CCP 695.050

A money judgment against a public entity is not enforceable under this division if the money judgment is subject to Chapter 1 (commencing with Section 965) of, or Article 1 (commencing with Section 970) of Chapter 2 of, Part 5 of Division 3.6 of Title 1 of the Government Code.

CCP 695.060

Except as provided in Section 708.630, a license issued by a public entity to engage in any business, profession, or activity is not subject to enforcement of a money judgment.

CCP 695.070

(a) Notwithstanding the transfer or encumbrance of property subject to a lien created under this division, if the property remains subject to the lien after the transfer or encumbrance, the money judgment may be enforced against the property in the same manner and to the same extent as if it had not been transferred or encumbered.

(b) If the judgment debtor dies after the transfer of property that remains subject to a lien created under this division, the money judgment may be enforced against the property as provided in subdivision (a).

Article 2. Amount to Satisfy Money Judgment

(CODE OF CIVIL PROCEDURE SECTION 695.210-695.221

CCP 695.210

The amount required to satisfy a money judgment is the total amount of the judgment as entered or renewed with the following additions and subtractions:

(a) The addition of costs added to the judgment pursuant to Section 685.090.

(b) The addition of interest added to the judgment as it accrues pursuant to Sections 685.010 to 685.030, inclusive.

(c) The subtraction of the amount of any partial satisfactions of the judgment.

(d) The subtraction of the amount of any portion of the judgment that is no longer enforceable.

CCP 695.211.

(a) Every money judgment or order for child support shall provide notice that interest on arrearages accrues at the legal rate.

(b) The notice provisions required by this section shall be incorporated in the appropriate Judicial Council forms.

(c) Upon implementation of the California Child Support Automation System prescribed in Chapter 4 (commencing with Section 10080) of Part 1 of Division 9 of the Welfare and Institutions Code and certification of the California Child Support Automation System by the United States Department of Health and Human Services, whenever a statement of account is issued by the local child support agency in any child support action, the statement shall include a statement of an amount of current support, arrears, and interest due.

CCP 695.220 [OMITTED]

CCP 695.221. [OMITTED]

CCP 695.221. [OMITTED]

 

 

The All-Time Bestseller
on Asset Protection Planning
by Jay Adkisson and Chris Riser
Asset Protection:
Concepts & Strategies
,
by Jay D. Adkisson
and Christopher M. Riser
 

Available at

Amazon.com and Barnes & Noble

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Captive Insurance Companies
by Jay Adkisson
Captive Insurance Company Book
Adkisson's Captive
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,
by Jay D. Adkisson
 
Available at
Amazon and Barnes & Noble
 

 

 

 

NEW CLIENTS

Those desiring to be clients of the firm should call

949.629.1176

to schedule a brief free call with a partner of the firm. We do not answer general questions by phone. General questions directed to the firm should be e-mailed to:

questions  >at<  risad.com

 

 

 

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Other California
Law Sections
Exemptions & Homestead
Fraudulent Transfers
Spendthrift Trusts
Alter Ego / Corporate Veil
Charging Order Protection
Community Property & Creditors

 

 

 

 

 

 

© 2008 by Riser Adkisson LLP. All rights reserved. This website may not be reproduced in whole or in any part without the express written permission of Riser Adkisson LLP.  The firm's attorney who is responsible for this website is Jay Adkisson. Issues regarding this website should be directed to Mr. Adkisson by fax to 877.698.0678 or by mail to 100 Bayview Circle, Suite 210, Newport Beach, CA 92660.

Riser Adkisson LLP does not practice in any jurisdiction unless one its attorneys has been admitted to practice there, or an attorney of the firm has been properly admitted pro hac vice according to the local court rules of that state. Nothing in this website should be construed to be any advertisement for legal services directed to a state wherein Riser Adkisson LLP is not admitted to practice. Nothing in this website is any substitute for the services of a licensed attorney in the relevant jurisdiction.  Persons resident in a state where Riser Adkisson LLP does not have an attorney regularly admitted to practice law should consult with their own local licensed attorney about that attorney retaining Riser Adkisson LLP to assist the local attorney with any client matters that such attorney believes our services and advice would be helpful.

The information given in this website does not constitute legal or accounting advice or opinion, and should not be relied upon for any planning purposes. It is provided solely and exclusively for general, non-specific educational purposes, and to advise the reader of the nature of the services offered individually by us. Planning of this nature is necessarily very circumstance-specific and therefore it would be dangerous to apply the very general rules described herein to any singular fact-pattern. Prudence demands that you consult with an experienced professional licensed in your state before attempting any of the planning techniques described herein. Additionally, the information given in this website is not meant to be a substitute for legal representation. You should consult with your local attorney regarding your suitability for the techniques stated herein under your local laws.

Except as may be specifically described in a fully-executed client engagement letter, Riser Adkisson is not your counsel and you will not rely upon Riser Adkisson LLP for any advice, counsel or suggestions as to the proposed or actual tax treatment of any transaction. Likewise, Riser Adkisson LLP does not make any guarantees or assurances in connection with any product, transaction or strategy discussed by Riser Adkisson LLP. Prudence demands that you retain independent professional tax counsel to objectively advise you on any tax consequences of any product, transaction or strategy discussed by Riser Adkisson LLP. Prudence also demands that you retain appropriately qualified and independent tax professionals to advise you of your tax compliance and reporting requirements.