How Much Time Does Your Company Spend Chasing Bad Debts?

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 into debt collection. How much time does your company spend chasing bad debts? We ask because, at least where judgments are concerned, we can help. We named our company Judgment Collectors so that there is no ambiguity about what we do. If your company is holding any unpaid judgments, we are here to help. We serve clients in the following six states...

Published October 5, 2021

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4 Signs Suggesting You Need Help Collecting Judgments

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 know the likelihood of success is not very high. They need help. Does this scenario sound familiar to you? Is your company struggling to collect on outstanding judgments? If so, professional help is available. We have experienced judgment collectors with the necessary skills, knowledge, and tools to help clients get the money they are owed. We ...

Published September 13, 2021

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Is Wage Garnishment the Only Way to Collect on Judgments?

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, there are other ways to get debtors to settle up. Judgment collection firms will use garnishment when it is deemed to be the right course of action. When it is not appropriate, other options are looked at. Then there are the cases in which garnishment is combined with other strategies to increase the chances that a given judgment is paid in full. Esta...

Published July 22, 2021

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Why Your Attorney May Not Be the Best Person for Debt Collection

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 debt collection job. We have worked with plenty of clients whose attorneys have tried, and failed, to collect. We get that. Judgment collection is a niche industry requiring some highly specialized knowledge and a particular skill set. Unless attorneys specialize in debt collection, they probably don't have the experience or knowledge to do the best job they can for cl...

Published July 15, 2021

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Should You Choose Judgment Collectors Over an Attorney?

Going to court to win a judgment against a debtor is the first step in collecting money you are rightfully owed. Hopefully, the debtor cooperates fully with you and your attorney at the time the judgment is entered. If not, you will have to decide how to pursue payment moving forward. Here at Judgment Collectors, we are a debt collection agency that specializes in judgments. We do not collect any other kinds of debts, which enables us to focus all of our attention on this particular field. It has also allowed us to develop proprietary tools for finding creditors and their assets. We use those tools to make sure clients get paid. You cou...

Published May 24, 2021

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Why 80% of America’s Judgments Go Forever Unpaid

Last month we published a blog post discussing why so many companies fail to collect on their judgments. This month, we want to expand on the topic by looking at it from the debtor's perspective. Suffice it to say that debtors know creditor weaknesses. With the help of their attorneys, they also know what the law allows. They use their knowledge to avoid paying for as long as possible. Here at Judgment Collectors, we know the law as well. We also know how debtors go about avoiding paying judgments. We know as much about them as they know about you, and probably more. That's what makes us so good at debt collection. If you have never used a...

Published May 17, 2021

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