HOW MUCH WILL IT COST?
Want us to collect your judgment?
How much is my judgment worth today?
It
depends. In some unfortunate situations, a judgment is worth,
as the saying goes,
“only the paper it is printed on”. Sadly, of all the judgments
obtained, a significant number remain outstanding and the creditors
have never received one cent. Once a creditor obtains a judgment
from a court, it is up to the creditor to try to get the debtor to
pay.
The courts do not and cannot help you
collect your money, it is up to you.
It is not that the court
personnel do not care, it is simply not their job.
The process of trying to get a debtor to pay is known in the
industry as enforcement, or judgment enforcement. Sometimes,
although not too often, a debtor will voluntarily pay. In such a
case, enforcement is quite easy. Usually, however, the debtor
refuses to pay or cannot even be located. Even worse for
creditors, in some cases the debtor owns no real estate, cars,
business - nothing. This is known as being “judgment
proof”.
There is a time limit to collect your judgment. So time is of essence.
Usually 50/50 split but we cover the costs to collect. I work exclusively on a contingency fee. If I don’t collect I don’t get paid. If the judgment is recent, I can the lower the split percentage. The longer the judgment sits uncollected the harder it is to find a person thus the higher fee.
Isn't 50% of something better than 100% of nothing?
We will work with you and negotiate our fee in order to get your business.
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