canada small-claims-court british-columbia debt
From a practical perspective, what is the most reliable way to make a debtor pay?
<p>It would seem the two options to &quot;force&quot; a person to pay are</p>
<ol>
<li>have a judge issue a wage garnishing order for one of their employers</li>
<li>have a judge issue a wage garnishing order against one of their bank accounts</li>
</ol>
<p>For #1 what if the debtor quits their job?</p>
<p>For #2 would it be legal for the debtor just to just transfer the money into a different bank account? This seems like a very easily fooled method.</p>
<p>The <a href="https://www2.gov.bc.ca/gov/content/justice/courthouse-services/small-claims/how-to-guides/getting-results#7" rel="nofollow noreferrer">court website says</a> &quot;Most often, people garnish wages or bank accounts.&quot; Are there other forms of garnishment?</p>
<p>Is selling the debt to a debt collection agency a common option?</p>

<blockquote>
<p>The court website says &quot;Most often, people garnish wages or bank
accounts.&quot; Are there other forms of garnishment?</p>
</blockquote>
<p>Garnishment means to obtain assets of a debtor from a third-party with control over the debtor's property.</p>
<p>The main alternative to garnishment would be to levy (a.k.a. execute upon, a.k.a. attach, a.k.a. impose a judgment lien upon) the real or personal property of the debtor which is not under the control of a third-party.</p>
<p>For example, to impose and then foreclose upon a judgment lien on a rental property owned by the debtor, or to have a business debtor's inventory seized and sold at auction.</p>
<p>If there is an appeal of the court ruling, often the debtor has to post a bond to postpone collection and in those cases, if the debtor loses the appeal, collection from the appeal bond is also a common means of collecting a debt with a money judgment.</p>
<blockquote>
<p>Is selling the debt to a debt collection agency a common option?</p>
</blockquote>
<p>Yes. But the going rate is about 1/3 of what is collected plus a fixed fee, and there are economies of scale that aren't present in a one off small claims court judgment collection.</p>
