Author: Richard Overmyer
January 11, 2022
No case we work as judgment collectors originates with us. We collect unpaid judgments which, by default, are the result of court action. Therefore, every case we work originates in civil court, where a debtor loses the case and has a judgment entered against them. So what’s the process? What...
Read MoreDecember 28, 2021
If we could point to one thing that most of our collection efforts ride on, it would be debtor assets. After all, a debtor without assets may be legitimately unable to make good on their debt. That’s why it pays to know a debtor’s assets. If we know what a debtor owns, we can...
Read MoreDecember 14, 2021
Judgment Collectors is a firm that specializes in collecting unpaid court judgments. You could make the case that we are a collection agency of sorts. However, there are some key differences between general debt collection and judgment collection. As such, collection agencies that market themselves...
Read MoreNovember 30, 2021
Would you agree with the adage that says, ‘time is money’? If so, every minute your company spends on chasing down unpaid judgments represents time that is not spent generating revenue. Every minute spent on judgments represents less money earned. So if you’re wasting your...
Read MoreNovember 16, 2021
Judgment Collectors is part of a very challenging industry. The nature of this particular type of debt collection is such that the majority of judgments entered in this country are never paid. There are multiple reasons for this, including a lack of time and resources among creditors. Sometimes...
Read MoreNovember 2, 2021
As a business owner, you made the difficult decision to take one of your customers to court. You and your attorneys prevailed. The court entered a judgment in your favor, one that requires the customer to pay what is legally owed along with your company’s court and attorney’s fees. But what...
Read MoreOctober 5, 2021
Bad debts are a risk that every business faces. Moreover, the smaller the business, the greater the risk. Companies can find themselves investing so much time chasing bad debts that they are not actually serving their own customers properly. That says nothing of the financial resources they put...
Read MoreSeptember 13, 2021
A company makes the difficult decision to turn to civil litigation in hopes of recovering a bad debt. They win their case, resulting in a judgment being entered against the debtor. Now what? Management assigns the task of collecting to a couple of staff members in the finance department. But they...
Read MoreJuly 22, 2021
We recently published a rather detailed post explaining why it’s necessary to understand garnishment laws in your state. That post led to another question: is wage garnishment the only way to collect an outstanding judgment? In short, no. While garnishment is an effective tool in some cases,...
Read MoreJuly 15, 2021
We want to go on record as saying we appreciate attorneys and the hard work they do. We know that the clients we serve depend on their attorneys to win the judgments they seek. But when the gavel falls and a judgment is entered, an attorney may not be the best person for the...
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