How To Enforce A Judgment

Most people think that once they are awarded a cash Judgment that it's guaranteed they'll get paid for it. Unfortunately that's far from the truth.

Once a judgment is awarded, then most often your attorney will stop working on your case, unless you want to pay them more. It's then up to you to enforce your judgment. This can be done by either spending your own money and time enforcing it yourself, or you can find a Judgment Enforcer.

What a Judgment Enforcer does, is to enforce your judgment through legal methods. This includes, but is not limited to bank levies, wage garnishments, liens on property, UCC liens, etc. These methods cost money, and sometimes the judgment debtor doesn't have enough funds available to cover your costs.

That's why it is good to have a Judgment Enforcer or a contingency lawyer do this for you. A Judgment Enforcer will pay for the enforcing costs. A contingency collections lawyer will pay the enforcing cost as long as it is worth their while. This means usually 50% of whatever they recover after deducting the enforcing costs.

The big question is, which one should you choose - a contingency collections lawyer or a Judgment Enforcer? Well, that depends on what you want. If you want to retain ownership of your judgment then you need to hire an attorney. If you are willing to assign your judgment over to someone then you'll want a Judgment enforcer. Lawyers sometimes have more success then Judgment enforcers. This may be because the courts are more willing to work with an attorney.

If you're wondering how to get your judgment enforced you have a few options. One of them is to look up Judgment Enforcers online. Then spend your day calling them up and explaining the situation to them. This will take hours to do though, and sometimes Judgment Enforcers will not want to take your Judgment.

Another option is to list your judgment on a website. Your judgment then will be marketed all over to Judgment enforcers and contingency collection attorneys. There are a few different websites that do this. I recommend a website called JudgmentBuy

The reason why I recommend JudgmentBuy.com is simple, because they produce results. There are many websites out there where you will list your judgment and it will be on there for months with no takers. Most of the time JudgmentBuy is able to find an enforcer for you within days.

JudgmentBuy takes only judgments from creditors willing to be paid on a future pay basis. This means they will not list your judgment if you want to be paid cash up front. (Unless you have a debtor with plenty of assets in their name, in that case they can find a buyer for you quickly.) However JudgmentBuy refers you to cash buyers for free with links on their site.

What you need to understand about cash up-front judgments is that they are with pennies on the dollar. No one will buy your judgment for $.50 on the dollar. It costs money and takes a lot of time to enforce a Judgment. Your best bet is going to be on a future pay basis. If you want to get your Judgment enforced, then go to http://www.judgmentbuy.com


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