Home Articles FAQ Site Map Partners
Assigning Your JudgmentA: Because when the Judgment Enforcer is not a lawyer or a collection agency, you must assign "all rights, title, and interest" in your judgment. It does not matter whether you sell your judgment outright for cash up-front, or on a standard future-pay basis. This is because when one is not a lawyer, they cannot represent you in court. Note that judgment assignments happen thousands of times a day, it's the way most judgments get enforced. Your financial rights are preserved by per your purchase agreement. Note that you are only losing control of your legal right to enforce/recover money on your judgment. You are not losing or releasing your financial interest in the judgment. As the Judgment Enforcer's purchase agreement shows, they have a fiduciary obligation to pay you your share of any money recovered from the debtor. When a collection agency or a contingency collection lawyer recovers your judgment, you retain ownership of your judgment - and do not have to assign it. However, most contingency lawyers and agencies will not take average judgments. (See our Assigning Judgments Article). Go Back To Articles |
| JudgmentBuy - Contact Mark at Mark@GoGuys.com or phone 1-408-945-4240 or fax 1-206-267-9857. Usually Open (not too late) nights and weekends. |
|
Mark D. Shapiro 1346 The Alameda Suite 7-156 San Jose, CA 95126
© Copyright 2001-2012 Mark D. Shapiro. Entire site is protected by copyright laws. All rights reserved. |