Tag: debt collection

Ohio is like most other states when it comes to DIY judgment collection. If you want to pursue collection on your own, you certainly can. Ohio even offers a selection of self-help resources and services designed to make the job easier. But is going the self-help DIY route really a smart move? We...

One of the more interesting challenges of collecting money judgments in so many states is keeping track of how things are done in each of them. Most civil lawsuits involving money judgments are state matters. Therefore, each state sets the rules by which judgments can be collected. This leads to...

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...

Winning a monetary award in a civil court case is the start of what is often a long and arduous process of debt collection. It is not unusual for judgment creditors (the winning parties) to attempt to collect on their own. We would never begrudge someone for doing so. But we do think it...

Anyone getting into our business under the false assumption that debt collection is easy is headed for a rude awakening. There is nothing easy about what we do. You know that first-hand if you have been trying to collect a money judgment on your own. You know how time-consuming and frustrating it...

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...

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...

In our business, there is a type of debtor we refer to as being ‘judgment-proof‘. This is a debtor with no realistic means to pay and no reasonable prospects for the future. Judgment-proof debtors cannot be collected from, at least in the short term. But things could change in the long...

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...

Money judgments are handed down in Michigan just about every day civil courts are an operation. And like every other state, Michigan has a set of rules governing how judgments can be collected. Winning a judgment does not allow a creditor and its attorney to do whatever they want to do. There are...