Professional Judgment Recovery

Professional Judgment Recovery & Small Claims Processing Course

In a lawsuit, there are two parties involved: the plaintiff, which is the person(s) or entity bringing the case to court. Typically, the plaintiff brings charges against the defendant in an attempt to collect damages. Financial, property, and emotional damages are assessed and the plaintiff sues for that amount and restitution is awarded.

If the defendant loses the case, he or she is ordered to pay the plaintiff by the court a particular amount of money. When a debtor ignores a judgment, the creditor must take steps to claim the money. So what can judgment creditors do?

The court system offers no recourse; once the judge makes a decision, the court has no further responsibility. Some creditors turn to attorneys, but very few lawyers are in the business of judgment recovery. The court DOES NOT ENFORCE COLLECTION.

A fee of 50% of the judgment is standard. You charge 50% of the judgment amount for every assignment, plus charge for accrued interest + all expenses.

Professional Judgment Recovery & Small Claims Processing Course