Tag: debt collection

Collecting an outstanding judgment from a living debtor is challenging enough. But what if that debtor passes away? Then what? Collection suddenly gets more difficult. A creditor struggling prior to the debtor’s death will experience new challenges after his passing. Death Doesn’t...

Judgment creditors win cases against debtors every day. Sometimes we wonder how many of those creditors realize the financial implications of winning at the moment the judge’s gavel falls. Why? Because the hidden costs of DIY collection are very real. We recommend bringing in a collection...

Entering into an installment agreement is one way for a judgment creditor and their debtor to resolve an outstanding money judgment. All is well as long as both parties live up to their responsibilities. But what if the debtor fails to make installment payments? What are the creditor’s...

You have won a money judgment against a debtor with modest means. You had hoped to collect the full amount plus late fees, legal fees, court costs, and interest. Yet now the debtor is offering a lesser amount as a lump sum payment. Should you take it? It’s a Normal Offer If this is...

A strict set of rules and procedures governs judgment collection in Utah. Judgment creditors need to stick by them if they hope to get paid at some point. Therefore, it is in a creditor’s best interest to learn as much as possible about how the system works. Here is a good example: the ex...

Whenever Judgment Collectors takes a new case, we start by looking at all the available information pertaining to the debtor’s income and assets. Our position on this does not differ from a judgment creditor who attempts collection on their own. Information is key to figuring out how to...

Collecting a money judgment is rarely easy regardless of the state you’re talking about. But collection is harder in some states than others. Take Texas. We work on money judgments in the Lone Star state. We can tell you that it can be a real challenge. The biggest disadvantage to creditors...

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...

We fully understand how frustrating it can be to work on collecting a money judgment for years, only to walk away with nothing but a headache. You spent countless hours along with significant financial resources, and for what? Now you are ready to give up. Before you give up, can we at least talk?...

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...