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Anyone getting into our business under the false assumption that debt collection is easy is headed for a rude awakening. There is nothing easy about what we do. You know that first-hand if you have been trying to collect a money judgment on your own. You know how time-consuming and frustrating it…

We get a lot of interesting questions from clients who are new to the whole money judgment thing. A common question is, “how long will this take?” It’s a question that doesn’t have an easy answer. We wish it did because an easy answer would make our life so much easier. The…

The best piece of advice we can offer anyone just beginning the lengthy process of collecting a money judgment is to be prepared to invest a lot of time. How much time? We cannot say for sure. Every case is different. But we can answer the question with one of our own: how long…

We have worked with our fair share of small businesses struggling to collect judgments from uncooperative debtors. In so many cases, the company bookkeeper has been tasked with collection – on top of their regular duties. Judgment collection is a lot to put on the company bookkeeper. We have a…

The statute of limitations often comes up when speaking with new clients about collecting their money judgments. Most states have a statute of limitations of 7-10 years. This means the creditor has 7-10 years to collect. Believe it or not, it actually could take that long. Sometimes creditors need…

In our business, there is a type of debtor we refer to as being ‘judgment-proof‘. This is a debtor with no realistic means to pay and no reasonable prospects for the future. Judgment-proof debtors cannot be collected from, at least in the short term. But things could change in the long…

The fact that money judgments can be sold to collection agencies creates confusion among some of the first-time clients that contact us for help. They do not understand how judgments can be bought and sold. Likewise, they don’t understand that money judgments are transferable assets under the…

One of the more interesting aspects of what we do here at Judgment Collectors is the differences between state laws. For example, we can assist with money judgments in Michigan. The Wolverine State has an interesting approach to garnishment. For the record, garnishment is one way to collect a money…

One tool in the judgment collection toolbox is the judgment lien. While similar to other types of property liens, the judgment lien is distinct in a couple of ways. We advise anyone thinking of seeking a judgment against another party to learn as much as possible beforehand, including the details…

Money judgments are handed down in Michigan just about every day civil courts are an operation. And like every other state, Michigan has a set of rules governing how judgments can be collected. Winning a judgment does not allow a creditor and its attorney to do whatever they want to do. There are…

It is common for Judgment Collectors to take cases only after a client has first attempted to collect an-house. We don’t mind. We are happy to help whenever we can. But it is always interesting to speak with new clients regarding the things that they find most difficult about judgment…

Judgment collection agencies have a language all their own. We talk about things in the office that do not make sense to people outside of our industry. Our industry is no different to any other in that regard. But as a judgment creditor, you need at least a basic understanding of the language just…