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Yay! We Won?

Location: Tennessee

My sister and I won a judgement against a relative that filed for bankruptcy shortly after 2008. He was a real estate developer who was seriously impacted by the crash. Our parents had loaned him a fairly large sum 30 years ago and he had stipulated a 10% return on the investment. The checks became delayed, then sporadic, and eventually stopped coming. Around the same time mom died and dad went into assisted living. We got a lawyer and took the guy to court and eventually there was a judgement in our favor for the principal and interest. In the meantime this relative transferred all of his assets to his brother. Ten years and a couple of lawyers later we have nothing to show for it. Real Estate Developer is back in business living the good life and the investment money which would have been a nice inheritance for my sister and I will apparently never be recovered.

Are there any avenues we’ve not explored? Are there any options? Is the law working as intended?

submitted by /u/silver_sofa
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Yay! We Won?

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