 A
Judgment (judgement) is a ruling, a decision, an official
finding made by a civil court. It is the
result of the trial of a lawsuit. A final
judgment (judgement) is the court's final ruling and often
provides a money award to the winning party of the dispute
that is at
the heart of the lawsuit. We work
to enforce, collect, recover, retrieve, salvage, repossess
the money award that is rightfully yours by court decree.
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You,
as the lawful owner of a Legal Judgment, have the right to offer
your judgment for sale or to make efforts to legally enforce and
recover (collect) the debt from the debtor(s) specified in the Judgment.
Judgment
owners may try to enforce or settle the Judgment on their
own. When successful either enforcement or settlement
both result in the collection of less than the full dollar
amount
of the Judgment. Settling a judgment is often much faster
than enforcing it. Few people, other than professional Judgment
Recovery Professionals have the resources, knowledge, training and
skills to be successful as regards enforcement or settling.
Owners of Legal
Judgments also have the option of offering their Judgments for
sale to Legal Judgment Professionals. Sales
of Legal Judgments transfer all ownership rights of the Judgments
to
the new owner. The sale prices of such Legal Judgments
are negotiated between the seller and the prospective buyer. The
sale prices are typically a small fraction of the dollar amount
of the actual Legal Judgment.
Judgment recovery refers to collecting the monetary judgment awarded
by the court. Such judgments are awarded many
thousands of times every year, but the money is rarely paid
by the debtors. About
85% of all legal claims are never collected. For
85% of the "winners" there
are no
actual winnings at all. In
other words, 85% of money judgment winners
are really losers. It
is clear that this does not have to be
the way it is for your judgment,
but it is very probable. Judgment recovery
must convert into judgment collection. Someone
must retrieve, must "rescue" the money from
the possession of the debtor, the loser of the lawsuit. The
funds must be salvaged, seized, in order for
the final judgment to actually be implemented.
Here,
on this web site, you
can learn what you can do to have a
chance at actually collecting the judgement that you won
without out-of-your-pocket
up front expenses. All
expenses will be deducted from the funds that
are collected from your debtor's assets. If
we are unable to enforce your money
judgment, converting it to cash, it will not cost you a
dime.
Legal
judgments are worthless unless they are implemented,
enforced, imposed.
Your debtor must be required, legally forced,
to pay you all or some of the amount awarded to you by the court,
the amount adjudicated in the final judgment.
Our
only business is the enforcement of judgments. Judgment
enforcement is what our Judgment Recovery
specialists do. Our
job is collecting your legal claims by collecting
the
debts owed
to
you. Make
us your Legal Judgement Enforcement professionals.
Article About Us
Article
About Enforcing Legal Judgments
Question:
Do you personally have the necessary resources, training
and experience to enforce and collect your
legal judgment, to recover (retrieve, recapture)
the money award that you have already won? Probably
not, but we do. We have
everything it takes to do
it all on your behalf.
Enforcement
of Your Judgment
We
are so confident that we can be successful in the enforcement
of your judgement that you pay nothing, zero, nada, zilch....if
we don't collect.
There are NO up
front "out-of-YOUR-pocket" expenses. You
will pay nothing unless we "bring home the bacon" for
you. No
hype, no baloney here; straight talk only.
Minimum Judgment Award Size
We
have established a minimum size of $10,000, not less, for awards
to be considered by our Judgment recovery professionals. As
explained in the previous paragraph, all up-front expenses
are paid by the recovery professionals and are passed on to
the clients ONLY upon successful collection of all or part
of the money judgment award. Small awards of less than
$10,000 are therefore not good "investments" due
to the poor risk/reward ratio. In all cases the arrangement
is good for the clients, but not equally good for the recovery
professionals when the size of the Judgments are small.
You
can hire us to complete the judgment enforcement
collection for some or all of the debts owed to you. We
work on a percentage basis and we don't get
paid unless your judgement (also spelled "judgment") is
collected. Hire
us to collect your claims. We
have lots of experience and success
behind us.
Article
About Legal Judgments
We
do ALL the work and are paid a percentage of
what we collect for you. The percentage is based on our evaluation
of your specific case. The maximum fee is never over 50%
of the amount that we actually collect. Remember
85% of all legal judgements are NEVER collected. Without
experienced professional help working for you your
chance of collecting anything at all is virtually
zero. Those
who do collect typically hire professionals who know
exactly what they are doing. Do you think
that we may be your best shot at collecting? With
modesty aside, we really are your best bet at actually converting
your money judgment into cash. We can't
dance or sing, and we can't "leap
over tall buildings with a single bound",
but we are very aggressive pit bulls
at collecting cash money from your legal judgment debtors.
Article About Us
What is it to "domesticate a judgment?"
Domesticating
a judgement means this:
Judgment
Domestication is the process, the legal procedures,
the acts
involved in
making legal judgments enforceable in states other than where
the lawsuit
was. A
domesticated judgment will then have the same "teeth" as
it does in it's original
"home" state. If the debtor and his assets resides
in the same state where the legal judgment was
ordered
(won,
decreed)
the process
of domestication
is not
necessary. If the debtor (the person who
owes you money) resides outside of the state
where the legal
judgement
was ordered
then the judgment must be "domesticated" in
the legal system (courts) of the state where
the debtor resides.
There are 3 States that
are currently major exceptions to
the ease of domesticating judgments. All
of the other States have adopted the Uniform Enforcement
of Foreign Judgments Act
(UEFJA). UEFJA allows the creditor to obtain an
effective judgment in a different state by just
filing proof of their judgment, providing the last
known address of the debtor and creditor and paying
the correct filing fees. This is quicker and more
cost effective than filing a separate action. Most
states, including the District of Columbia and
the U.S. Virgin Islands, have adopted UEFJA; only
Indiana, Massachusetts and
Vermont have not. Each
jurisdiction may have different requirements as
to the actual papers
that are filed. The point here is that creditors,
Judgment Owners, from "foreign" States
can be required to start their lawsuit all over
again if the debtors
and/or their assets are located in Indiana, Massachusetts
and Vermont.
The domestication
process can vary a lot from state to state. An
experienced professional knows exactly how to
get this done. For a legal judgment to
be enforceable in the home state of the debtor the judgment
MUST be domesticated within the home state of
the debtor. There
are no exceptions to this. The ordinary domestication
process often takes at least a month to be completed
providing
all of your
paperwork is in order. We work hard. You
sit back and wait for report updates from us.
Article
about Judgement Domestication
When Is Domestication
Not Needed?
If your debtor
is in the same state as the judgment then domestication
is not required
because the judgement IS domestic. A minor benefit
with domestic judgments is that they will move at least 30
days faster
then non-domestic judgments.
As your legal representative
in the matter of enforcing your legal judgment we will
thoroughly research the background and facts about your debtor. We
will search his assets, hidden assets, employment, credit worthiness,
and much more. We are not private detectives, but
we perform many of their responsibilities on behalf of
our clients.
Debtor Threatening
To Declare Bankruptcy?
Bankruptcy is a legally declared inability
or impairment of ability of an individual or organizations to pay
their creditors. Creditors
may file a bankruptcy petition against a debtor ("involuntary
bankruptcy") in an effort to recover a portion of what they
are owed. In the majority of cases, however, bankruptcy is initiated
by the debtor (a "voluntary bankruptcy" that is filed by
the bankrupt individual or organization).
Debtors sometimes threaten
to file bankruptcy as a ploy, a manipulative method, used as
a means to encourage the creditor to settle for a lower amount
at some point in the
future. Some debtors who CAN afford
to pay their creditors will
choose file
for bankruptcy
in "bad faith". Bad faith
bankruptcy applications can sometimes be blocked
or rejected
by the courts. This
can add a lot of time to the completion of
the collection process and the receipt of your
long
awaited financial judgment
award. Do
you have the skills, time and resources to deal
with your debtor's bankruptcy filing? Note
that if the debtor DOES file for bankruptcy
neither
you or your representatives are legally allowed
to attempt to collect your judgment. If
the bankruptcy filing is approved it will be
virtually
impossible for you to collect.
Some creditors (Judgment Winners) have been
able to have attempted bankruptcy filings thrown
out
based on "bad faith" or other legitimate
causes.
Article
About Debtor Bankruptcy
Judgment
recovery
Judgment
collection
Judgement
enforcement
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