With Creative Judgment Solutions, we can easily work with all types of collections that might come your way for various reasons. Anything from unpaid rent, borrowed money, hospital bills, credit card debt, or even anything dealing with a repossessed vehicle, we have the solution that will work best for you.
Creative Judgment Solutions offers a few options when it comes to court judgment collection. One option is to simply sell a court judgment to us. That way you get the problem out of your hands so you don’t have to worry about it — we’ll take it from there. You can either call or send us the judgment — we even accept judgments submitted through the online form on our website. With us, you also have the option of assigning judgments on what works as contingency basis, which means if there is no collection from the owing party then there is no fee owed to us on your part either. In this instance, we work on a commission basis — the only situation in which we get paid is a situation in which you get paid also. Since our commission rates do tend to vary, free quotes are available from our offices before you decided how to proceed with any of your claims.
With principals that have been in the business for over 50 years, we know how to best handle the situations that so often catch people off guard when it comes to reclaiming money and funds that are rightfully owed to them.
Winning a court case does not exactly lead to winning results. Receiving a judgment in your favor is only one half of the problem – the other half is collecting. Like most people, you could spend years struggling to obtain money that you won legally. For one less burden, transfer your judgement collection to a company that eases the unnecessary hassles of collecting.
Reasons for the Hassles
There are a few common reasons why collecting is difficult or impossible. The most common reason is that debtors refuse to acknowledge the judgement. They deliberately avoid wage garnishments by filing for a suspension, hiding money or changing personal information. Many debtors want to pay the judgement, but cannot due to lack of money or employment. When no wages are made, the process of wage garnishment is impossible to carry out.
Solutions to Collecting Problems
Selling your judgement is the fastest, easier solution to receive your money. The statistics show that most judgements are never collected, so selling is the only solution available to most people.
Forgetting about the judgement is never an option. Even if the debtor dies or changes his or her identity, it’s still possible to collect the money. There are options to settle any judgement regardless of the amount of money involved or the age of the case.
There are companies willing to buy the judgement off your hands. You no longer have to deal with the hostile, stubborn acts of debtors who refuse to pay. Even experienced collection agencies spend years trying to track down difficult debtors.
When you sell, you never have to reenter the courtroom and file a new case or get into contact with an old lawyer. For people who have walked in and out of courts for years, selling the judgment is instant relief to a long-term problem.
Like most people, you feel elated when you win a court case, but that good feeling wears off quickly. Soon enough, you realize that the ordeal is far from over. After spending years waiting in court, there is no reason to continue waiting for results. Submit a free online quote on your judgement collection, which includes the necessary court documents, and receive the cash immediately.
Offering Your Judgments For Sale is the Fastest Way to Get Your Money
Judgment Collections Agencies
Judgment collection agencies are experts at forcing people to pay what the court ordered them to pay. This is good because most people look at their judgment order and wonder what is going to happen next. After all of the time and money that you have spent trying to comply with all of the rules and requirements of the legal system, you end up with a piece of paper of questionable value. It is unfortunate, but most people don’t understand how to turn a court judgment into actual money. This is where a professional judgment recovery business can solve all of your problems.
A judgment collections company will offer you several options to choose from in order to turn your judgment into cash. The first option is to sell your judgment to a judgment enforcement company. In this situation, you sell all of your rights to the collection company and then they can try to collect on the judgment as if it was their own. The amount of money that you get paid for your judgment depends upon a several factors. Judgment collections companies evaluate judgments for sale based on factors including the amount and age of the judgment and financial status of the debtor.
If you don’t want to sell your judgment, you have the option of consigning the judgment to a collections company that will attempt to get you your money in exchange for a set fee. This is a good option because it saves you all of the hassle involved in tracking down the debtor and his assets. No matter what, it is always better to let a company with the knowledge and expertise in collecting judgments do the work for you.
Sell Judgement to Collection Agency to Cut Your Losses
For businesses of all sizes, there may be a time that you must take someone to court for the money they owe you. This often leads to a judgement settlement. However, it does not mean you will receive your money. A judgement is simply a legal document showing that the person owes you money. Many businesses often choose the option to sell judgement to collection agency so that they can cut their losses and move on.
When you sell judgement to collection agency, the collection agency will actually pay you for a certain percentage of the value of that judgement. This means that when the collection agency pays you for the judgement, you no longer have to worry about trying to collect any money. If the collection agency is able to collect money, they keep it. If they do not collect the money, the collection agency is out the money they paid to you.
Many businesses find that by choosing to sell judgement to collection agency, they are at least able to cut their losses. Businesses receive a portion of the money that is owed to them. No company wants to lose money, but you have to consider the possibility that you will never collect on that debt. Collection agencies are experienced in such matters, so they stand a better chance of actually collecting on the judgements that they purchase.
Deciding to Sell your Judgement
The decision on whether to sell judgements to a collection agency may be a difficult one for your business. Therefore, some things to consider on whether you wish to sell these judgements include:
- how long the judgements have been in place
- whether you have been able to contact the person who owes you money
- and how much money is actually owed to your business.
Businesses often do not have a choice regarding their judgements. They need money now and. Even if you sell your judgements to a collection agency, you are still collecting a portion of what is owed to you. Only you can determine whether or not it is in your best interest to sell the judgements to an agency.
Getting a judgment is fairly easy: actually satisfying the judgement is the hard part. You can’t choose who owes you money and you’re more likely than not to end up with a judgment that isn’t worth anything if the debtor has no wages to garnish or assets to seize. Collecting on a judgment also requires a great deal of legwork. By selling your judgment for cash, you can pass on the risk of never collecting anything on to someone else while getting money upfront.
Benefits of Selling Judgments for Cash
It’s true that you won’t get full value when you sell your judgment, but one of the biggest benefits is passing on the risk of never collecting. This is a very real risk, as about 80% of people never collect anything on their judgment. By selling the judgment, you will be guaranteed at least some cash value from the judgment rather than being left empty-handed.
The cost and time necessary to collect on the judgment will also be passed on to the buyer. Most judgment buyers hire someone else to complete the execution process at a cost of up to 50% of the collected amount.
Selling a judgment is also easy and painless. If your judgment qualifies, you can quickly get an offer to buy it within hours. You will receive the proceeds upfront and the right to satisfy the judgment or seize the debtor’s assets will pass to the buyer. The entire process can be completed within a couple business days to save you the hassle, expense, and risk of trying to collect on the judgment yourself.
Once you sell the judgment, you are completely done with it and you will never need to spend more time or money trying to recover, even if the buyer is unable to ever collect a dime.
Start Selling Your Judgment Today
About 80% of judgments go uncollected. Why take the risk that yours will fall into that category? By selling your judgment, you will receive a guaranteed and immediate payout on the debt without the hassle of the expensive and time-consuming enforcement process. Contact us today for a free quote to buy your judgment and turn that piece of paper into cash.