We know how frustrating it can be to attempt to recover a money judgment only through limited phone calls and form letters. Frustration mounts as those phone calls and letters fail to produce results. But did you know there is a way to move forward? You can move beyond the simple phone call and form letter by hooking up with a judgment collection agency.
We recommend a collection specialist who focuses exclusively on money judgment recovery. We are specialists here at Judgment Collectors, working on behalf of creditors in nearly a dozen states. If you have an outstanding judgment in one of the states in which we operate, we hope you will contact us to learn more about our services.
There Are Rules to Protect Debtors
The states have put rules in place to protect debtors at multiple levels. We get it. But rules designed for debtor protection are often abused for evasion purposes. Your average judgment creditor doesn’t know what to do or how to get around such tactics. But a collection specialist does.
We have the ability to recover on your behalf without going outside the rules. We have the tools, resources, and expertise to uncover all sorts of assets, ranging from income streams to real property. And once assets are identified, we have the ability to leverage them with tools that are legally afforded to judgment creditors.
Collection Takes Time
One of the more frustrating aspects of making phone calls and sending letters is the time factor. Every time a phone call is made, you have to wait a few days or weeks to see if you get a response. If you send a form letter, you are looking at waiting for as long as 30 days for the letter to be sent, received, and responded to.
The problem is that time passes more quickly than judgment creditors realize. Weeks turn into months, months become years, and a judgment’s exploration date approaches more quickly than expected.
You might not have the time to wait. You might also not feel like investing your valuable time in collection. No worries. We have all the time in the world because judgment collection is all we do. We will work on a case for as long as necessary to get paid.
Taking Advantage of Legal Tools
Finding assets and investing time are all well and good, but judgment creditors also need access to tools that go above and beyond phone calls and form letters. A nice selection of such tools is available in most states. They include things like:
- Wage Garnishment – Garnishing wages utilizes a court order that compels a debtor’s employer to withhold a certain amount from each paycheck for payment of the outstanding judgment.
- Bank Account Levies – A levy against a debtor’s bank account allows a creditor to seize the funds in that account for debt payment.
- Judgment Liens – A judgment lien establishes a financial interest in the attached property. A debtor is limited in what he can do with that property (i.e., sell or transfer it) as long as the lien remains enforce.
- Writs of Execution – A writ of execution is a court order authorizing the sheriff to seize and sell attached property, with the funds going toward debt payment.
Phone calls and form letters might be the starting place for collecting an outstanding judgment. But when they do not get the job done, creditors need to move beyond them into more aggressive strategies. It is best to leave such things to a collection specialist like Judgment Collectors. We are standing by to help creditors like you.