Home Articles FAQ Site Map Partners
Takes up to 95 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. 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. |