Judgment Recovery Agency: Small Claims Court Judgement Collection Course
Collecting small claims after winning a judgment is complicated by the
fact that the court does not do the collecting. Even though a small
claims court judgment is awarded a staggering 79% of small claim
judgments go uncollected. This fact makes judgement collection services
a multi-billion-dollar industry!
How To Start A Judgment Collection Business In This Multi-Billion Dollar
Industry
The winning party of a judgment has many tools at their disposal once
they are made aware of them. Wages and income can be garnished, property
can be taken and sold, bank account can be frozen and reallocated plus
many other enforcement tools. Most often informing the debtor with the
scare gets results. Because the winner of a judgment is not aware of the
tools at their disposal and the court does not force the losing party to
pay or the means of insuring collection, most never collect.
Billions of dollars’ worth of claims turn to dust yearly because of
ignorance. It’s a fact that these court backed IOU’s are even collecting
interest, yet because of not having a simple judgment collection course
on hand, that judgment sits idle in someone’s filing cabinet. A
work-from-home judgment collection agency can be very profitable.
Judgment Recovery Specialization Collects On Money Owed
A small claims judgment recovery specialist can play a valuable role by
legally transferring ownership of a judgment to themselves (can be a DBA
or doing business as XYZ Collections Small Claims Collection Office) and
enforcing collection. The winner of the judgment legally transfers the
right to collect to you so you can legally pursue the collection of that
judgment as your own judgment.
Work From Home Business Where You Don’t Have To Commute Or Leave Your
Home For The Most Part
The winner of a judgment can legally assign the judgment to someone else
for collection in all 50 states in the United States.
As such, the person assigned the right to collect and pursue the
judgment collection as if it were their own. There is a vast amount of
opportunity available right from
your local county courthouse since most of the judgements that do
get reworded are never collected.
You can negotiate any percentage of the judgment as your contingency
commission. Generally, 50% is the average percentage charged which is
better than 100% of nothing for that judgment to lie in a drawer
uncollected.
Uncollected judgments carry an assigned post-judgment interest rate
usually 10% or more.
For example:
A 5-year judgment for $5,000 was awarded
You send out 100 solicitation letters to judgment holders and you'd
likely end up with 30 to 35 judgments to collect.
Realistically, you'll be able to collect about 50%-60% of those cases.
This means you'd collect on 15-17 judgments.
The plaintiff who won the judgement, assigns their rights, title and
interest in the judgement over to you.
Figuring you winning percentage of 7- 9 judgment at an average of $2,000
is $16,000 split with the plaintiff.
You collect $8,000 plus remember the accrued interest that’s been
accumulating and perhaps an enforcement cost expenses for each judgment.
We show you how to start by sending out 100 letters. Click Here:
Judgement
Collection Services for entire course with video training.
P.S.
Our Judgment Recovery Course is unlike the many “make money
online” offers and courses sold online where perhaps only 1:100 are
profitable. A Judgment Recovery Specialist is a legitimate income
producer. It’s like a conveyor belt; all you need to do is feed the loop
with lead letters and the business keeps rolling in predictable profits.
Click: Judgement
Collection Agency |