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Takes up to 95 days to get my Money?

Q: My debtor did not go bankrupt, so why do I have to wait 91 days to get my money?

Q: I have a problem with the Judgment Enforcer's purchase agreement contract - the Judgment Enforcer gets to keep the money for 95 days after they receive it?

A: Judgment Enforcers do not always wait 95 days to send you your money.
The 95 days is the maximum of the:   90 day bankruptcy give-back rule;   plus 1 day for notice of that;   plus up to 4 days for first class mail for their check to reach you.

This is a maximum - and not every Judgment Enforcer's standard business practice. Bankruptcies are on the rise - so they are cautious. That maximum time of 95 days protects JEs - but they don't always need that protection. When they are confident the debtor will not or can not go bankrupt - or when payment is made by a trusted source - they usually pay you quickly, well within 30 days of cashing the check - usually 15 days after the check clears.

Also, while the person/company you sued - may have been doing well when you sued them - or be doing well so far - there is no guarantee of available assets - and/or them avoiding bankruptcy in the future.


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