FAQ

Yes. A California judgment is good for an initial period of 10 years and can be renewed as many times as necessary to give the judgment creditor time to collect.

You can, if you are willing to write a check for $5,000 to $10,000 for a retainer then pay a fee between $150 and $300 per hour, whether they ever recover anything or not. When we enforce the judgment, you pay nothing, except possibly a notary fee of about $10 and we pay you when we collect from the debtor.

No. We are Judgment Recovery Specialists. Because of that we do not give legal advice.

Collection services are good for some situations, recovery of judgments is usually not one of them. Collection agencies usually just call the debtor and write nasty letters. They can report the debtor to a credit-reporting agency, but all that does is reduce the debtor’s ability to make money. That may sound like fun, but the problem is that if we make it hard for the debtor to make money, there is less money to seize to satisfy the judgment.

Besides, collection services usually focus on collecting pre-judgment debt. Unless they are experienced using the legal tools available to judgment creditors, all they usually do is spend your time and money to little effect. And with the passage of the FDCPA (Fair Debt Collection Practices Act), the debtor can just tell a third-party debt collector to stop calling. After that, any letter simply goes in the shredder and the collection effort is stalled indefinitely.

No. Sometimes there are simply no assets to seize. But if they exist you can be sure that we will do our best to locate them because if we are unable to enforce the judgment - we don’t get paid! This gives us a serious incentive to succeed.

We have the ability to access very specialized information sources that will provide everything we need to know about the Judgment Debtor and their assets. We are highly skilled in finding all of the necessary information required to locate the Judgment Debtor and seize their assets.

No. Sometimes there are simply no assets to seize. But if they exist you can be sure that we will do our best to locate them because if we are unable to enforce the judgment- we don’t get paid! This gives us a serious incentive to succeed.

We can seize bank accounts, garnish wages, place liens on real property or seize personal property.

If there are no assets available, we can attempt to contact the Judgment Debtor and negotiate a monthly payment. If that doesn’t work, we will check on the Judgment Debtor again after a few months or so and determine if their situation has improved.

No, all fees, costs, and expenses associated with the recovery of the judgment are covered by us. Period. The only cost to you is the notary fee for the documents that we must file with the court.

There is no honest answer to that question. When, and even whether, we recover anything, depends on many different things. Among them are: 1) Judgment Debtor owns Real Estate; 2) has a job; 3) is married; 4) has money in a bank account; 5) is a deadbeat, good-for-nothing druggie with no aspirations for success in his/her life; 6) etc. ad nauseum.

The potential factors that affect our ability to recover the judgment, and the speed at which the recovery happens, are so variable as to make any speculation merely a wild guess. Speaking generally, however, in some cases we begin to see results as early as three months. The total amount of time it takes to recover the entire judgment can easily run from 3-6 months to 3-6 years. Each case is different.

First, we enter into a contract that details the specifics of the purchase of the judgment. Next, you assign the judgment to us making us the assignee of record. Once we have filed the assignment documents with the court, we have the legal right to investigate the judgment debtor and proceed with the process of enforcement. We then make payments to you based on the funds recovered from the judgment debtor, per our agreement.