Home Articles FAQ Site Map Partners
What if I want my judgment back?
A: First, judgment enforcers are not a service, they now own your judgment, and have an obligation to pay you if they recover money (above their court-approved costs). Second, if nothing is collected you don't owe anyone anything. Third, judgment enforcers are entities who bought your judgment. If the debtor has assets showing - you might "be happy". If your debtor has no assets showing - you might not "be happy". (Happiness is a choice.)
When you use a collection agency or a collection lawyer to recover your judgment, you retain ownership of your judgment, and JudgmentBuy refers you only to the best.
When a judgment enforcer buys a judgment, it has to be without recourse - meaning it is not up to you when or if you get it back. This is not our idea, it is the law - it is the only way a judgment enforcer can enforce a judgment that did not start out belonging to them.
If several years pass - and the judgment enforcer cannot find any of the judgment debtor's assets - then if you ask - they may decide return it to you. (If the enforcer has spent money, they usually add that to the debtor's debt - and they may ask you to reimburse them for what they spent.)
Keep in mind, if a qualified judgment enforcer (local to the debtor) cannot enforce this judgment, it is very unlikely anyone else can either.
Go Back To Articles JudgmentBuy.com Home Page
|Contact: Mark Shapiro at Mark@GoGuys.com Fax 719-396-7035|
© Copyright 2001-2017 . Entire site is protected by copyright laws. All rights reserved.