Got a money judgement from an evicted tenant.

That deposit does not have to be all cash, it can also be a pledge of some other asset such as a car.Lastly, if your last tenant left you with damages (either physical damages or failed to complete their lease obligations), the security deposit you kept may or may not have covered that loss and you should be entitled to seek a judgement against them for monies still owed.

@Don Konipol and the reality is the Seller is the one at risk not the buyer.. the seller risks their creditor worse in a state like Texas that is dual action they could end up with trashed credit and a deficiency judgement and nothing they can do about it B/C they no longer own it and don't have the ability to refi and generally they are not going to payoff a property they no longer own.Most sellers that contemplate these transactions if they run it by an attorney the attorney will advise against.

I flaunt conventional wisdom of paying off high interest debt and trust my own judgement above all others, even when I was in my mid twenties. 

This statement is simple objective truth— not a judgement call or evidence of “skirting, exaggeration or seeking a hand out”.

Make sure you understand what exactly the scope of the search is, if they check for just liens & judgement or do they also check the tax status, federal tax lien search etc.. 

If you do your best to do that and can trust your judgement on people then both are equally as risky.

They are probably judgement proof since their "business" does not have any footprint that you can find. 

I won a judgement for $1360 and he has to vacate in 7 days.I've heard of people saying garnish the wages, but he works for himself doing contracting jobs (I inherited the tenant).What is the best way to collect on the judgement or at least make his life difficult if he doesn't pay it?

Hey Everyone, I am a long time lurker and I have a question about filing a judgment in Galveston Co.  Recently we had a tenant not pay, so they moved out without hassle.  Which their quick departure was great till we ...