JudgmentBuy - for Judgment Enforcers and judgment lead Finders
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JudgmentBuy - the best judgment lead solution.
Win-Win new business for your current business - we never compete with you.
When you find a judgment lead that's not right for you, it can become an income source for you.
Make money two ways: Refer judgments leads to us, and/or get judgment lead referrals from us.
Make more of your emails, faxes, and phone calls lead to money. Is the judgment too small for you, not enough assets showing, the debtor too far away, judgment too complex, or just not right for you at this time? Refer this lead (or a bundle of leads) to JudgmentBuy and make money.
For example:
"That judgment isn't for me, but I know a judgment company that can help.
Do you want me to give them your phone number or email?"
That's it. You send their (phone number or email address) to Mark@GoGuys.com and you are done.
Now, instead of getting nothing, your lead is automatically entered into our system, and we take it from there.
If the lead pays off, you get a check. This is a smart and profitable thing to do. As shown on the FINDER's page, we can tell referrals whatever you wish.
If you don't tell us otherwise, we usually say something like: We are returning a call/email that was made to your company, about a judgment, as we enforce judgments nationally. If you want us to say something else, let us know. (Of course, if you refer a dead-end judgment, it won't lead to much money.)
Guaranteed judgment leads with no upfront cost. Our leads are free until your eventual profitable enforcement, purchase, settlement, or sale. If you net a profit, we ask for 10% of your net profit, as detailed below. If you don't make money on a judgment, you don't owe us a cent. We have enforceable judgment leads, with OJCs ready to assign to you for enforcement, settling, or outright cash sale, in your local County.
Here is our (updated daily) list of currently available Nationwide, California, International, and Difficult, screened Judgment leads.
"Referrals and Judgments too far away solved" ™ We help judgment recovery professionals increase the chances of recovering money for both themselves and the Original Judgment Creditors. We understand judgment enforcement, and the value of referring judgments to local judgment enforcers and buyers. Our system and web site, attract enforceable judgment leads in every state. (Our fun, free forum for all judgment enforcers is at: http://Forum.judgmentBuy.com.) lawyers and PIs are welcome too. Our forum is perfect to learn about the judgment recovery business, and for experienced professionals too.
We get judgments and debtor information from Original Judgment Creditors (OJCs). We screen incoming judgments for those where the debtor has not gone bankrupt, and appears to have assets (or may have future assets). (We even have a way to make dead, unenforceable judgments pay off.) We have informed OJCs ready to sign your Agreement and Assign their judgment to you, the qualified Judgment Enforcer who works close to the debtor.
Benefits for Judgment Enforcement Professionals:
Please Join us. This is free, real, and the real deal. To start getting quality judgments leads to enforce, we ask that you sign and return, our (one-time) simple downloadable "pool" PDF Agreement. Individual referral agreements are not required.
Refer judgment leads to us
How many times have you spent time taking phone calls from OJCs, getting copies of judgments - then discover the debtor was too far away, no assets showing, or spoke another language, or not enforceable by you at this time?With our system, you can get a 5% Finders Fee by referring to us judgments you are not able to work. Even if you assign a judgment back to the OJC, if you refer them to us, you can get a Finder's fee. Upon request, we will put a private status page on our web site, so you can track the progress of your leads.
JudgmentBuy is great news for everyone, even those learning the judgment business - you can make money just by looking at court files, and referring judgments that are not right for you at this time.
Get judgment leads from us
We offer no-cost (new local business for you) pre-screened, validated, and assignable judgment leads from educated "pre-sold" OJCs. These judgments are matched to your location, preferences, and abilities. You are not obligated to buy or enforce any judgment lead, but if you do, you get a 90% share of the net profit you work to make. (You send us 10%, we get 5%, the FINDER gets 5%.) If you don't make money - the lead is free. If you pay us 10% - that is very good news, it means you made a profit enforcing the judgment. It also means the judgment lead finder gets 5% - so they will be eager to bring more judgments for you to work on. This is much better than paying in advance for judgment leads - that may or may not pan out.Our system and revenue structure creates synergy, and is very competitive and fair - as defined in our Agreement. 90% of the net profit of enforcing a judgment to the JE, and 10% of the net profit to us. (Our 10% share pays the 5% FINDERs fee, and 5% is for employees, expenses, and a small profit.)
Math Examples - showing how JEs get paid, on successful enforcements:
The debtor owes $10,000. You enforce the Judgment.
There were $500 in costs, and $9,500 was Enforced, leaving $9,000 to split.
Example 1: The OJC gets 50% of the profit.
50% ($4,500) to the OJC, and 50% ($4,500) for those who
worked hard to find, screen, and successfully enforce the judgment.
90% of $4,500 = ($4,050) for you.
5% of $4,500 = ($225) to the FINDER.
5% of $4,500 = ($225) to us.
You send 10% (5% plus 5%) ($450) to us.
We send ($225) to the FINDER.
We keep ($225) to cover expenses, and keep our service level the best in the business.
The OJC gets 50% ($4,500), and you keep 45% ($4,050) of the recovered amount -
90% of your net profit, for a pre-screened judgment lead.
Example 2: The OJC gets 60% of the profit.
60% ($5,400) to the OJC, and 40% ($3,600) for those who
worked hard to find, screen, and successfully enforce the judgment.
90% of $3,600 = ($3,240) for you.
5% of $3,600 = ($180) to the FINDER.
5% of $3,600 = ($180) to us.
You send 10% (5% plus 5%) ($360) to us.
We send ($180) to the FINDER.
We keep ($180) to cover expenses, and keep our service level the best in the business.
The OJC gets 60% ($5,400), and you keep 36% ($3,240) of the recovered amount -
90% of your net profit, for a pre-screened judgment lead.
Example 3: The OJC gets 70% of the profit.
70% ($6,300) to the OJC, and 30% ($2,700) for those who
worked hard to find, screen, and successfully enforce the judgment.
90% of $2,700 = ($2,430) for you.
5% of $2,700 = ($135) to the FINDER.
5% of $2,700 = ($135) to us.
You send 10% (5% plus 5%) ($270) to us.
We send ($135) to the FINDER.
We keep ($135) to cover expenses, and keep our service level the best in the business.
The OJC gets 70% ($6,300), and you keep 27% ($2,430) of the recovered amount -
90% of your net profit, for a pre-screened Judgment lead.
Example 4: You BUY the judgment for $500 cash.
You later either enforce, or re-sell the judgment
and get $1,200 for it, with $50 in costs you incurred.
Your net profit is $1,200 - $50 - $500 = $650.
You would then owe us 10% of your net profit - $65.
We keep $32.50, and the Finder gets $32.50.
Why pay 10% of the potential net profit of enforcing or buying a judgment?
Because we already have a copy of the judgment and debtor info, we've already talked with the OJC - and have "pre-sold" them. We already verified the debtor can be found, and that BK is not an issue - and this screened judgment is in YOUR county, that you did not know about before. This is new business for you, that saves you time and money. Our leads are not raw leads, they are pre-screened judgments with OJCs ready to sign your paperwork. This is more income potential for you at no risk. If the judgment can't be enforced/settled profitably, you don't owe us a cent.
Another big reason to pay 10% of the potential net profit of enforcing or buying a judgment is the JudgmentBuy win-win, mutually beneficial, and symbiotic system. Half of the 10%, 5%, goes to the FINDER of the judgment - which is usually another Judgment Enforcer. When you pay 10% of your net, money goes into your pocket, another judgment enforcer's pocket, and the original judgment creditor's pocket. JudgmentBuy is very good for the judgment recovery business.
Spend less time driving and mailing, and more time in your own neighborhood. Our system cuts your costs, and increases chances for successful enforcements - because when the debtor (and usually the court) are close to you, it's easier to enforce a judgment.
Referral guidelines:
1) JEs should attempt to keep judgments enforceable (renewed). If a judgment is returned - it should be returned to the OJC at least 3 months before it expires.
2) JEs should have experience enforcing judgments, and abide by all laws.
3) JEs should usually be responsive on business days - and respond to very occasional inquiries from us or the OJC within 2 weeks (with a goal of within 24 hours).
4) If the JE is stuck and can not make any progress to enforce a judgment, or see any possible progress in the future, the JE should they be open to the possibility of returning the judgment to the OJC. JEs (and everyone) should report bankruptcy of debtors as soon as possible.
4-A) Few of us plan on getting sick or to die, but both sickness and death do occur. A responsible JE makes plans in advance for both their families and others they have contracted with, for winding down their judgment business should they be unable to continue. It is good policy to arrange for the timely re-assignment back and returning of all judgments to the OJC - and also notify us when this happens. Please make arrangements, when the time comes, to have your successor in interest, executor, or estate, reassign all judgments back to the original judgment owners and to notify us of having done so.
5) In cases of foreign judgments - if the OJC has not already domesticated the judgment - either the OJC or the JE (who owns the judgment) needs to domesticate it where the debtor lives. This cost can and should be added to the debtor's debt. Before we send a judgment lead to you, we let make our best effort to let you know the debtor's situation - so you can be confident the cost of domestication can be reimbursed. We suggest asking the OJC to get a certified/exemplified copy of the Judgment.
Referral Judgment Enforcer FAQ:
1) We don't spam. Judgment Enforcers don't get specific judgment case information until they have signed and returned our one-time Agreement.
2) Even if none of our currently listed judgments interest you now, we are always getting more. And, you can always refer leads to us and make money.
3) Our list of available judgments is usually updated several times a day. The list does not always grow, because judgments already referred to Judgment Enforcers move off our list. Some judgments do not even go on our lists, they are referred directly to a Judgment Enforcer.
4) Our Agreement is a pool agreement that protects everyone. It takes just minutes to read and return, and it costs you nothing. The Agreement is common sense, and you can file it instantly, the important points are repeated on this web page. More than 260 Finders and Judgment Enforcers have signed our agreement. If you think our Agreement needs to be changed, remember that we can't change our working model, except if the change is an improvement, that is an improvement for everyone.
5) Upon request, we send details of judgment leads to enforcers. You can decline to accept any or all of our judgment leads, and will still get more judgment leads from us upon request.
The way we work: First you find a judgment on our lists that you might be interested in enforcing. Then we email you a PDF with a copy of the judgment, and our database screens, showing the data we've gotten from the OJC and public data sources. After reviewing the data, if you confirm you want the judgment, we then contact the OJC and arrange for your contact. Then we are out of the picture, and you are in full control, the same as with any other judgments you enforce. The OJCs sign your paperwork, not ours. Our screening is only to qualify the judgment, and is not a substitute for actual investigations and judgment enforcement.
Explained another way: You find a judgment on our list that is in your County that looks interesting - eg. Judgment # 341. You email us - "I'm interested in Judgment 341". We email you a PDF of a copy of the judgment, what the OJC supplied us, and public data reports, showing they are fairly stable and have not gone bankrupt. You then can do your own checking to see if you want to try enforcing it.
If you say yes, we email the OJC, telling them we found the right Judgment Enforcer - and for them to contact you by email. It's that simple. We are then out of the picture.
The OJC signs your paperwork and assigns their judgment to you. If the judgment turns out to be a lemon - (e.g.) the debtor is poor or BK, you can return the judgment to the OJC. If the enforcement pays off, when it's time to pay the OJC, you send us our share too, so we and the Finder of the judgment can be paid. Note that when you refer judgments to us, you also earn Finder's fees.
6) Like always, a JE can assign any judgment back to the OJC - if they can't enforce it, or something comes up that prevents them from working on the judgment.
7) You can refer judgments you worked on before to us. Upon a successful recovery, you get a Finder's fee - and might also get back your court-endorsed costs.
8) Nothing about us (or you, when you enforce our referred judgments) involves anything even remotely related to UPL. Judgments are owned by you, assigned from the OJC to you, and you step into the shoes of the Original Judgment Creditor. For each judgment - you control everything. (Even attorneys sign our Agreements.)
9) JEs are not employees or contractors with or for us. We have no say on how, when, or if you enforce any judgment. We assume you want to work on your own terms to get paid - that is all. If you can not, or will not be able to enforce the judgment - we suggest you simply assign it back to the OJC.
10) Our Agreement does not put time limits on you. You work at your own pace. You can move, or enjoy a beer from time to time. We don't pester you, we wait for you. But please don't be a statue.
11) When we send a JE a Judgment lead - and the JE enforces the judgment - the JEs work independently. If you are stuck, let us know - we will try to help where we can. Just like the OJC and you - we want the judgment enforced. We are helping you - not competing with you.
12) Our revenue structure is fair - as found in our Agreement. As always the OJC signs Your Agreement, and assigns the judgment to you directly.
13) Our Agreement does not limit or change your current business. We don't control what percentage you charge the OJCs, what counts is your net profit from a successful enforcement. What are expenses? The kind appropriate for the judgment. Who defines appropriate? You do. As an example, spending $1,000 to recover $1,000 is not appropriate. Spending $1,000 to recover $25,000 is.
14) You can purchase judgments outright. We don't change
how you do business. What counts is your net profit after
enforcing your judgment. What if you use a collection company
in your business? As long as you are upfront with us and the OJC,
we are fine with that.
15) Our leads are not from questionable sources. They are all from OJCs directly - ready to assign to you. In dealing with any other judgment lead provider - it's wise to determine the history of the judgments being offered for sale. One should be careful in purchasing judgments that have been owned by any party other than the Original Judgment Creditor.
16) There are no limits on how many judgments you can get from us - but we send them to you one at a time. After we have a long term successful and profitable business relationship, we can send you a flood of judgments.
17) Our "competitors" have put on their web site(s): "Pay A Broker 10 per cent? - Are you nuts? - Over time that might cost you $25,000". Our answers are:
A) If you pay JudgmentBuy $25,000 that's fantastic news for you, that means that you netted $225,000 in profit, and $12,500 went to judgment lead referrers, so not only are you doing great, but the future is going to be great as the lead finders got paid, so they will keep referring leads.
B) We don't charge you a cent upfront. Why pay a membership or listing fee before you know if the leads will pan out? The beauty of competition is you can sign up with us for free, and also pay other web sites if you wish.
C) Our "pay only after you make a profit" system is a winner.
Already there is a quality skip tracing resource for Judgment Enforcers that is successfully using a business model similar to ours: www.TimeStopJudgment.com
You can join, read, and post to the forum at http://Forum.judgmentBuy.com, or email Mark@GoGuys.com - or call Mark Shapiro at 1-888-831-4350,
or fax us at 1-206-267-9857 or go back to our main site Here.
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