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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 now cautious. That maximum time of 95 days protects judgment enforcers - but they do not 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 entity - they usually pay you quickly, 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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