Collecting money judgments is not a new or modern practice. Its roots are found in debt collection, and people have been collecting debts for as long as they have been roaming the Earth. Collecting judgments is just an extension of debt collection but with a few extra twists.
We mention all of this to say the judgment collection has changed a lot over the last 25 years or so. Like every other industry, the collection industry has been transformed by technology. We can now do things more efficiently than ever before. And with greater efficiency comes higher success rates.
Below are three ways technology has made collecting judgments more efficient. If you are struggling to collect an outstanding judgment, we invite you to give Judgment Collectors a call. You can even reach out to us online. If we can help you, we will bring all our technology resources to bear on your behalf.
1. Improved Database Resources
The internet has really made a difference in how databases are utilized. For example, did you know that most property transactions can now be accessed online through a county database? Take a look at your own county records. Put in the effort and you will find a record of the transaction recorded by the county when you bought your home.
Improved database resources make it a lot easier for us to do what we do. Technology-based searches drastically cut down the amount of time it takes for us to discover assets. Not only that, but we can also easily search for assets beyond county borders. Everything is there to be seen in public databases that can be accessed from anywhere in the world.
2. Improved Software Resources
Software runs the technology space. You have whatever software you use at work. So do we. And improved software resources make our jobs easier and more productive. We are certainly more efficient with modern software.
One of the ways software helps our industry is streamlining case management. Prior to the introduction of computer technology, managing multiple cases was a challenging task and one that required a lot of effort. Computer software has changed the game.
Modern software allows us to manage multiple cases across all the jurisdictions we operate in. Information is always just a keystroke away. With software we can track assets and debtors, stay up to date on the status of every case, and even communicate more efficiently with clients.
3. Digital Court Systems
Along the same lines as modern software is the digital court system. Judgment collection got a real boost when state and county courts began transitioning to digital filing systems. What a difference digital transformation has made.
Years ago, judgment-related documents had to be filed in person. That meant traveling down to the county courthouse, waiting in line, and then filing the documents with the county clerk. All of that is done online now.
Filing documents with the county clerk is a snap. Not only that, but the same documents can also be filed with multiple courts when necessary. That makes pursuing judgment debtors in multiple jurisdictions a lot easier.
Better With Technology
Here at Judgment Collectors, we firmly believe that what we do has been made better with technology. We are more effective as collectors because technology gives us access to tools that weren’t available 25 years ago.Do you have an outstanding judgment you are struggling to collect? Reach out to Judgment Collectors as soon as you can. We will take a look at your case and let you know how we can help. It is what we do.