Subpoenas And Consumer Notices
In judgment recovery, one tool is discovery, where you attempt to find your judgment debtor’s available assets. In most states, you can schedule a debtor examination, and then subpoena records from the debtor themselves or third-parties having knowledge about your debtor’s assets. When a debtor is a person, in some states; their private information is […]
Strategic Judgment Buying
There are four reasons that judgments are purchased:1) To buy the judgment, and then attempt to settle with the debtor to earn a quick profit.2) Try to recover as much as possible from the judgment debtor over time.3) Try to resell the judgment later to someone else for a profit.4) For a strategic reason, and […]
Storage Unit Levies
What if you own a judgment and you cannot find any obvious available assets belonging to your judgment debtor; yet they seem to live in a nice house and have a nice car, (and they also lease a storage unit)? Can the contents of their storage unit be levied and then sold at a Sherriff’s […]
Judgment Debtor Exam Stipulations
Judgment recovery attempts sometimes require creditors to properly schedule judgment debtor examinations (possibly also with subpoenaed document requests) and have them personally served on their judgment debtor. Sometime after the judgment debtor is served, the debtor or their lawyer, may ask the creditor to sign a stipulation agreement; requesting them to agree to move the […]
Stipulated Judgment Payment Plans
Q. I have a structured judgment – can you make my debtor pay me faster? A: This is also known as a stipulated judgment – where the plaintiff and the defendant agreed on a payment plan – approved by a judge. As long as the debtor is repaying you as per the stipulations required on […]
JudgmentBuy Minimums
(Updated often) judgment minimums: Nationwide/worldwide judgment recovery. Depending on where your debtor lives: Alabama judgment recovery: Cash upfront $15,000 and over, Future contingency recovery: $1,000 and over.Alaska judgment recovery: Cash upfront or Future contingency recovery: Face value of $1,500 and over.Arkansas judgment recovery: Future contingency recovery: $1,000 and over.Arizona judgment recovery: Future contingency recovery: $1,000 […]
State Chartered Banks
Locating your debtors bank account is about the easiest way to get some money for your judgment. Bank location companies help judgment owners (only) find their debtors bank account for a fee. Are some small community banks or credit unions, that are only state-chartered and not federally, possibly “under the radar” to most bank location […]
Start A Judgment Business Now?
I am not a lawyer, I am a judgment referral expert (Judgment Broker). The judgment recovery business has been hurt badly by the recession/depression. Of course, most businesses are now hurting, and we are all connected in some way. In the old days, before 2004 or so, one could do very well just recording liens […]
SSN Privacy And Levies
I am not a lawyer, I am a Judgment Broker. This article is my opinion, and not legal advice, based on my experience in California. Laws vary in each state. If you ever need any legal advice or a strategy to use, please contact a lawyer. Every year brings in many new laws. Some laws […]
Squeezing The Last Dollar
When most people first win their judgment, they initially want to recover every dollar legally owed them. In reality, most judgments are never recovered at all. The judgments that are recovered, usually do not get recovered anything close to 100%. This article is my opinion, and not legal advice. I am a judgment expert, and […]