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Is there a statute of limitations on executing my judgment?
Yes. Your state law sets a limit on how long a judgment is
enforceable, called a Statute of Limitations. This period is
usually from 5 to 20 years
(South Carolina is 10 years from date judgment granted)
starting on the date your judgment was awarded. Some states
provide a way of renewing your judgment for an additional period
of time.
Is there interest on the unpaid judgment?
Usually, yes. Most judgments include a provision for the payment
of interest from the day it was awarded. The actual interest
rate and calculation process varies from state to state. With
interest, your judgment could be worth significantly more than
the day it was awarded.
Why shouldn't I use an attorney to enforce my judgment?
You can, if you are willing to put down a retainer and pay a fee
of between $125 and $175 per hour, whether they
ever recover anything or not.
When we enforce the judgment you have your money upfront
and will not need an attorney,
How about using a collection service?
A collection service may contact the debtor and irritate him to
death! They may even place a black mark on his credit report.
But, they rarely collect! And with the passage of the FDCPA
(Fair Debt Collection Practices Act), the debtor has the right
to just tell a third-party debt collector to cease all
communications. We, as the legal assignee of record, are not
affected by many provisions of the FDCPA. We can investigate the
debtor, locate his assets and seize them to enforce the
judgment.
Is there any guarantee that you will be successful?
No. Sometimes there are simply no assets to seize. But you can
be sure that we will do our best, because if we are unable to
enforce your judgment - we don't get
paid. This gives us a serious incentive to succeed!!
Must I pay any of the expenses incurred in enforcing my
judgment?
No. In fact, we purchase the judgment from you, . At the
time that we purchase your judgment, When an
attorney is needed, those expenses are on us
How long before I will actually see results?
When we purchase the judgment you receive your money up front.
We review each judgment and determine the price to be paid for
the judgment based on several factors. How much is
your judgment worth?
Contact Us
I
have a judgment awarded in one state against a debtor who
resides in another state. Can you help?
In most cases, yes. Especially if the judgment debtor answered
your complaint or made an appearance at your hearing. If the
judgment debtor didn't appear, the judgment is called a
default judgment which is considered a weaker judgment.
Each of us has the right to confront our accusers and to defend
against any legal claims. So, if the debtor is able to show the
court that he was not properly served, or served in the wrong
capacity, he can file a motion asking the court to set aside the
judgment. Overcoming this hurdle can be one of the most
difficult in any enforcement effort. Especially when done across
state lines.
How does all this work?
First, we complete an agreement detailing the specifics of the
purchase of your judgment. If acceptable, you will then assign
the judgment to us by purchase making us the complete owner.
I'm sold! What is my next step?
Just complete the short online application -
click here
We will contact you
by telephone and send the necessary documents for your
signature. On return of the signed documents, we will
immediately initiate enforcement of the judgment.
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