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Filing judgment liens is one of the major debt collection tools judgment creditors in Michigan have at their disposal. A judgment lien establishes a legal and financial interest in a piece of real property owned by the debtor. The lien prevents the debtor from selling the property without using the…

The general rule among states regarding the length of time judgment creditors have to collect places a statute of limitations on judgments. Michigan is no exception. Their statute of limitations is 10 years. However, that does not mean failing to collect within the 10-year period brings a judgment…

A fair number of the judgments entered in county courts around the country relate to unpaid business-to-business (B2B) debts. A vendor takes a client to court over unpaid invoices, expecting that a judgment will fix everything. Sometimes seeking a judgment is the only way to go. But if going to…

Collecting outstanding judgments is not always the easiest task. It can take a lot of time and energy. It can be frustrating when debtors do not cooperate. Trying to collect can be so demoralizing that you just want to throw up your hands, walk away, and forget about it. Wouldn’t it be nice…

Debt collection agencies in our industry need to always be cognizant of the judgment-proof debtor. Though legitimately judgment-proof debtors are the exception to the rule, they are out there. When we run into one, trying to collect on their debt is usually not worth it. There are reasons that an…

Protecting one’s credit was often strong motivation to pay up when a civil judgment was entered against a debtor. Judgment debtors with legitimate resources would have rather paid what they owed than face the consequences of having a judgment show up on a credit report. But that is no longer…

It is not unusual in our business to take on judgments entered as a result of default or settlement. In fact, it’s the norm. Default judgments and settlements dominate the debt collection lawsuit landscape. Furthermore, it is not accidental. There are particularly good reasons explaining this…

As a judgment collection agency operating in Kentucky, we have worked with all sorts of good people trying to collect bad debts in the Bluegrass State. We’ve learned a thing or two about how the system works in Kentucky, including the fact that the state has a longer-than-average statute of…

Like every other state in the union, Kentucky has an explicit set of rules governing civil judgments. The rules cover everything from how civil lawsuits are instigated to the amount of time creditors have to collect judgments entered in their favor. With those rules comes terminology. If you…

It is no secret that the vast majority of judgments entered by U.S. courts forever remain uncollected. It’s not that collection is impossible. Rather, it is a matter of judgment creditors not knowing the best ways to go about collecting. Many do not understand the value of debtor assets and…

Judgment Collectors is a specialist collection agency focusing exclusively on civil judgments. We help companies and other organizations collect outstanding judgments from debtors who tend to be lacking in their cooperation. Our help often provides the leverage clients need to get paid. We are not…

Regular readers of the Judgment Collectors blog know that states regulate judgments differently. Everything from how judgments are enforced to how court proceedings are followed can differ drastically from one state to the next. Even statutes of limitation are different. Idaho’s statute of…