Time limits in Judgment Agreements
Q. On the contracts judgment enforcers send me, they do not state when the money may be collected, or any time frame. There is no cap on expenses either. The selling seems final and out of my hands. A: Yes, that is correct. Judgment enforcement is usually a complex process – that cannot be timed or […]
Time it takes to enforce a Judgment?
Q: How long will it take to recover my judgment? A: That depends almost 100% on the judgment debtor. No matter how good a Judgment Enforcer/contingency collection lawyer/collection agency (JE) is – a broke or scoundrel debtor may be judgment-proof for now. And because judgment enforcers follow all laws, there are many legally-required delays (and expenses). The […]
Third Party Levies
I am not a lawyer, I am a Judgment and Collections Broker. This article is my opinion, based on my experience in California, and laws vary in each state. If you ever need legal advice or a strategy to use, please contact a lawyer. Most of the time, except for bank and job levies, the […]
Third Party Examinations
“My debtor owns a vacation home, and he brags about it, and I know his buddy has been to the vacation home many times. The vacation home is not findable by me under the debtor’s name. How can I drag the buddy of the debtor into court to disclose what he knows about my debtor’s […]
They Took More than I Owed!
Q: The judgment against me was for $5,125, how could the judgment enforcer use the Sherriff to take $8,233 from my bank account? A: This judgment was more than a few years old. In California there is a state-mandated (currently) 10% a year simple interest on judgments. Other states may have different interest rates. Besides […]
The Truth About Judgments
I am not a lawyer, I am a Judgment Broker. This article is my opinion, and is not legal advice. If you need legal advice, please contact a lawyer. Through my vast experience, with a few exceptions, I know the cash up-front value of most judgments is very small. Almost every day, I talked with […]
The Top Ten MistakesJudgment Enforcers Make
Judgment enforcers can make a decent/good living. However there are some pitfalls to avoid. Here is a list of the top ten mistakes many new to the judgment recovery business make: 1) Not planning enough before starting your business. Are you going to be a sole proprietor or a corporate entity? Have you researched the […]
The Top Ten Judgment Problems
I am a Judgment Broker, and am not a lawyer. My articles are my opinions, and not legal advice. If you ever need any legal advice or a strategy to use, please contact a lawyer. Usually, judgment recovery is a hassle. Some general frustrations are the laws that protect judgment debtors, the judgment debtors themselves, […]
The Slapp Defense
When you are recovering a judgment, often you begin by mailing your judgment debtor a polite letter. You might suggest a payment plan or discount, if they pay the judgment off quickly. If the judgment was assigned to you, or you are a lawyer or a collection agency; you would want to let the debtor […]
The Problem With JudgmentBuy
(By Derek Gray) I have a friend, John Adams of JudgmentBuy; who started and runs JudgmentBuy.com. I asked him questions and decided to write this article because the company he started and runs is so unique. I’ve known John Adams of JudgmentBuy and JudgmentBuy for years, and I know the real story, and I think it […]