Tag: money judgment collection

A winning plaintiff in a civil court case has a big job ahead of him if the judgment in his favor includes a monetary award. Rather than just being a plaintiff, he is now a judgment creditor with an outstanding debt he is entitled to collect. Now is when the real work begins. Collecting...

One of the first things a judgment collection agency will do when taking on a new case is begin the search for debtor assets. Things like real estate and high-value collectibles act as very strong leverage to encourage payment. The question for many creditors-turned-collectors is how to find assets...

Judgment collection agencies work on cases involving both individual and business debtors. The key principles of collection apply across both types, but collecting from a business debtor is distinct in a number of ways. It is arguably more complicated as well. If you are trying to collect from a...

Arizona is one of the many states we operate in. So many of our Grand Canyon State clients come to us hoping to avoid the mistakes common to in-house collections. Some of the most critical mistakes can lead to a long and drawn-out collection process that ultimately results in little to nothing...

Collecting money judgments in Washington is subject to some unique provisions that do not apply in other states. Take wage garnishment, for example. It can be an effective tool for judgment collection. But in Washington state, wage garnishment is subject to restrictions that make it one of the...

If you consider yourself financially savvy, you may be aware of two different types of debts in the consumer arena: secured and unsecured debts. A good example of a secured debt is the residential mortgage. Likewise, credit card debt is a good example of unsecured debt. Where do money judgments...

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...

One of the most interesting things about what we do as a judgment collection agency is learning about how various states regulate money judgments and collection. Needless to say, the states don’t all do things the same way. For example, did you know that Utah automatically imposes a 28-day...

We get our fair share of tough questions from clients. As a judgment collection agency, one of the toughest questions for us to answer is this: what kind of time commitment am I looking at? Clients ask with hope that we can give them a ballpark figure based on the typical judgment case. The...

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...