judgment collection

What Does ‘Indexing’ an Abstract of Judgment ...

We previously published a blog post explaining what the abstract of judgment is and why it matters to judgment creditors. The post led to a secondary question among some of our clients: what does ‘indexing’ an abstract of judgment mean? Indexing is a technical term relating to how an...

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judgment collection

The Abstract of Judgment: What It Is and Why It Matters

Civil litigation has its own language. There are so many terms the general public doesn’t know. For example, take the ‘abstract of judgment’. Do you know what it is and why it matters? Our role as a judgment collection agency demands that we understand the abstract of judgment....

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judgment collection

No Nonexempt Assets: What Does It Mean to Judgment Collec...

You have won a money judgment against a debtor who owes you a substantial amount of money. Unfortunately, you have also gotten a letter from his attorney explaining that he has no nonexempt assets. You don’t even know what that means. Well, it’s not good news, that’s for sure. The...

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judgment collection

Top 5 Reasons Judgment Debtors Don’t Pay Collection...

Wouldn’t it be fantastic if every judgment debtor immediately paid their bill in full? Absolutely. Does it ever happen? Only on rare occasions. Almost every monetary award must go through a long and belabored collection process. The process is time consuming and often frustrating to judgment...

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judgment collection

How a Judgment Collection Agency Could Improve Your Quali...

If you are currently struggling to collect a money judgment, we would like to pose a question: how is your quality of life? The quality-of-life concept is usually associated with healthcare. But it has applications in the judgment collection space. Allow us to explain. What if we told you that...

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judgment collection

How the Principle of Consignment Can Be Applied to Judgments

Explaining that Judgment Collectors works on consignment is a way of differentiating our business from other collection agencies that purchase judgments. But the term ‘consignment’ can be confusing. This post is intended to clear up any such confusion. If you are looking to bring a...

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judgment collection

Judgment Collection and the Amount of Time It Takes to Ge...

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...

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judgment collection

Give Us Your Judgment – Your Bookkeeper Will Thank You

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...

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judgment collection

Why You Might Need 7-10 Years to Collect on That Judgment

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...

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judgment collection

How Judgment Liens Differ From Other Types of Property Liens

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...

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