Wouldn’t It Be Nice to Just Forget About Unpaid Judgments?


Collecting outstanding judgments is not always the easiest task. It can take a lot of time and energy. It can be frustrating when debtors do not cooperate. Trying to collect can be so demoralizing that you just want to throw up your hands, walk away, and forget about it. Wouldn’t it be nice if you could?

As we see it, any judgment creditor can forget about unpaid judgments. The question is how a creditor goes about it. There are two options:

  1. Accepting that you will never get paid and letting the judgment expire.
  2. Turning the judgment over to an experienced collection agency like Judgment Collectors.

We know which option we prefer. How about you? If you are not so sure about working with a collection agency, keep reading. In the following paragraphs, we will discuss the differences between giving up and turning judgments over to an agency.

Giving up and Forgetting About It

Regular readers of the Judgment Collectors blog know that the vast majority of judgments entered in U.S. courts never get collected. In so many cases, creditors and their representatives put up a valiant fight only to eventually give up because debtors continue to keep them at bay.

There are multiple reasons judgment debtors do not pay:

  1. Some are judgment proof; they legitimately have no means to pay.
  2. Others intend to pay but then find themselves unable due to circumstances.
  3. Still others refuse to pay for one reason or another.

The specific reason doesn’t matter as much as the reality that giving up means never collecting. And it is not just the initial debt that doesn’t get collected, it’s also attorneys’ fees, court costs, and the value of the time and effort put into collection. All those things add up to a considerable amount of money – even on the smallest of original debts.

Turning Things Over to a Debt Collector

Turning judgments over to a debt collector is a better means of forgetting about them. An experienced debt collector has the knowledge and experience to do what judgment creditors do not know how to do. They also have the time. Debt collection is their thing. That’s an important asset to creditors who simply want to get paid.

Some debt collection agencies purchase judgments outright. Purchasing gives ownership of an outstanding judgment to the collection agency. As for the original creditor, the judgment is no longer a concern. However, we believe there is a better way: turning judgments over to a collection agency that works on contingency. That is what we do here at Judgment Collectors.

What Working on Contingency Means

Working on contingency means that we do not purchase judgments. If you were to turn a judgment over to us, you would only be giving us the authority to collect on your behalf. You would maintain complete ownership of the judgment itself.

We would bear all the expenses related to research, investigation, and collecting. Every penny we spend on your case comes out of our pockets initially. You do not pay another dime toward collection efforts.

How do we get paid? By succeeding. When we collect on your behalf, we get paid for the services we provided. You don’t pay us if we do not collect. In the end, you have lost nothing by giving us the opportunity to work on your case.

You can forget about collecting outstanding judgments by giving up and walking away. A better option is to turn it over to us. Once we start working on your case, you can forget about it and get back to more important things. We will handle everything for you.