Whenever an organization or individual gets a judgment, they will do everything they can to collect the full amount as soon as possible. However, up to 80% of judgments never get collected. As a result, it is important to consider solutions to getting the funds from default judgment collections. Fortunately for those who hold a judgment against someone, there are plenty of judgment collections options that they can take advantage of. By taking advantage of these default judgment collections options, organizations will have a few solutions to help them get the funds that they are legally entitled to collect.
Selling Your Judgement
One of the solutions that you can take advantage of when looking to receive money for a judgment is to sell it. Anyone who is struggling to collect an old judgment will be pleased to know that they can get a quick solution through selling the amount for cash. When selling a judgment, you will just need to reveal the details of the amount of money owed and then you can get the funds within a matter of days. This is an ideal option, if your goal is to get funds for a judgment as soon as possible.
Assign Your Judgment
Another option that you can take advantage of when looking to collect on a judgment is to assign it. With this option, you provide the judgment on assignment. This means that you are able to provide the judgment on a contingency basis. During this process, you assign the judgment and then the organization attempts to collect the amount by wage or asset garnishment. One of the best things about this option is that there is no fee so you won’t have to worry about paying any attorney’s fees or court costs.
Default Judgement Collections
Collecting a judgment can be a frustrating process at times. Many people who have a judgment against them often don’t pay it. As a result, it is likely that you never get the money you are owed. However with default judgment solutions, you can rely on another party to get the money you are owed within a short period of time. Call Creative Recovery today (800) 500-4345 for the Best default judgment collections options.
If you live in California and won a judgment against someone who owes you money, you know how hard collecting is. Many business owners don’t want to go through the collection process, and they let the person off the hook as a result. You don’t have to make that mistake. Get your money by selling your judgment to a collection agency.
Collecting debt takes time out of your life. You must contact the debtor and try setting up a payment plan. If you don’t locate the debtor, you must look through public records or hire a private investigator to do it for you. All of those steps can take more time than you have. Sell and assign your judgement to save time.
In addition to taking time, collecting debt takes energy. You put in a lot of work trying to collect your money, and you might not even get your funds unless you follow the right steps. If the person owes you a lot of money, you probably put in a lot of effort to collect it. It does not need to be like that. Selling or assigning your judgment saves you a lot of energy.
Trying to collect on a judgment is stressful. After spending hours trying to get the debtor on the phone, you might feel as if you are making no progress. The stress can build up and impact other parts of your life and business if you are not careful. You can get distracted and experience reduced performance while on the job as a result. By selling or assigning your judgment, you avoid the stress and achieve peace of mind.
Stay Focused on Your Business
Selling or assigning your judgment lets you remain focused on your business. You will no longer need to worry about contacting the debtor or dealing with court cases if they don’t pay. You use all the time and energy you save to focus on your business.
The No. 1 reason for selling or assigning your judgment is that you can move forward with your life. You no longer need to worry about collecting the money, and you can use the funds to invest in the growth of your business. If you want to move forward and forget about the collection process, selling your judgment is the right call for your bottom line.
As you’ve already discovered, it costs money to obtain and enforce a judgment, sometimes a lot of money. Rather than keep digging into your pockets throwing good money after bad, selling or assigning your judgment to Creative Judgment Solutions takes that financial burden off your back.
You get many benefits by selling or assigning your judgment, but you need to find a recovery agency that meets your needs and understands your situation. At Creative Judgment Solutions, we stand behind our clients and work hard to meet their needs in every possible way. The best part is that you have nothing to lose.
Should you choose to your judgment to CJS, we can usually have the funds to you within days, even the same day in certain instances. Or, should you prefer to assign your judgment, we only charge a fee on the amount collected. If we don’t collect, you don’t pay. We streamline everything and remain transparent so that you know what to expect during the process. Let us handle the hard part so that you never have to worry about it again. If you are interested, contact us today.