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.