Archive for the ‘judgment recovery business’ Category

Becoming a Judgment Recovery Specialist
August 15, 2007

Are you considering a career shift? Do you want earn more than what your current job pays? Then you may want to look at the much rewarding and qualified field of judgment recovery. Becoming a judgment recovery specialist does not require much ado. If you are wondering, what exactly does becoming a judgment recovery specialist, require? Well read on and if you do like what you have read, do check out http://legal-software.info for more information and other resources like judgment recovery calculator and other such judgment recovery tools.

Well, you can start your endevour to becoming a successful judgment recovery specialist by researching, reading and going through the several judgment recovery courses available online. These judgment recovery courses come in various forms and sizes, with some of them available for free others you may to invest in. Some of these courses are worth investing in. You may have to sign up for more than just one course, since signing up for more will just gain you more exposure. Another good idea would be to finish your first course, and start working as judgment recovery specialist, at the same time you could sign up for the second to improve your revenues and exposure to the judgment recovery industry. All this is fine, but which course do you start from? Well the best and most cost effective judgment recovery courses are available on the internet, but there are too many of them strected to long. You will have to search and will have to determine which course is the best for you. Here are some tips to get you started in your revenue generating career of a judgment recovery specialist.

#1 If a company tries to sell you a course by spamming, well you know its not a reputable company, but just another one of those companies trying to make a living by duping you buy their products. If you do stumble upon such companies, and you most definitely will in your course to becoming a successful judgment recovery specialist, you may want to steer clear of these. If you do get attracted by what the have to offer in terms of judgment recovery course, you may want to get in touch with their sales people, and judge for yourself, how the company is.

#2 The weekend judgment recovery course material offered on the net, tends to go up in the tens of thousands of dollars. Some are more expensive than most of the courses offered by the state collleges. They are costly and offer nothing but a pleasant and exhaustive read and some tapes to teach you how to become a succesful judgment recovery specialist. It may sound cheap and corny, rather then investing in these opt for more than courses in judgment recovery, which are much cheaper and offer a lot more, some even come with an internship.

#3 Whenever a sales person calls you, who is trying to sell you a course, ask him or her how many judgments has he or she recovered or would he or she opt for the given judgment recovery course if need be?

Judgment Recovery and Wage Garnishment
August 11, 2007

Often, for the process of judgment recovery, the debtor’s income can be garnished upto twenty five percent on a monthly basis, by a Judgment Recovery specialist. If the debtor is employed by a corporation, company or any other form, judgment recovery for a judgment recovery specialist becomes all the more easier, as compared to recovering judgments for clients whose debtors are self employed. Usually, this can be accomplished by way of garnishment. The Wage granishment is a sure shot judgment recovery process, which is available and legal in almost all the states within America.

Usually owning to the fact that the debtor has a regular and consisten job, you as the judgment recovery specialist can garnish the wages relatively quickly, in such a way that the debtor is able to sustain his lifestyle at the same time is able to pay the judgment amount, provided that there no other garnishments with a higher priority than yours, levied on him. However, there is a high possibility of the debtor quitting his job, right after he is served with the wage garnishment notice. If, incase, this happens  its back to square one for you, as judgment recovery professional.

Generally, debtors or defendants who fend for themselves and have a home based business, it becomes excessively harder for the judgment recovery specialist to recover the judgment owed. In such cases, the judgment recovery specialist has to use special tools like an assignment order of third party levies – to name just a few. These will be discussed at length in other articles on judgment recovery, once I am done with them. (You could bookmark this page, I will provide further links later.)

The defendent or the debtor might, also, file a claim of exemption. Such a claim, ony means that he object to his wage being garnished. The judgment recovery specialist in such a case, will not be able to garnish the debtors wages, unless the case is heard by judge. On the positive side, most defendents or debtors, may never bother filing for a claim of exception; most however will either quit thier jobs or will allow the garnishment to go into effect.

 A wage garnishment is in fact pretty easy to impose, by the judgment recovery specialist, and is generally much more welcomed by the debtor or the defendent, since it poses no immediate threat to his or her current lifestyle and at the same time the debtor is capable of paying off his pr her judgment debts. The judgment recovery process of wage garnishing has less number of rules involved. The judgment recovery specialist may have to do some background detective work, before filing for one, and it is generally a great idea to consult the local Police Department or the county sheriff, before proceeding with the judgment recovery investigation. The For more rules for enforcing garnishments on the debtor or defendent, the judgment recovery specialist is adviced to check the local courthouse for rules and regulations involved in the process.

The W’s of Judgment Recovery
August 9, 2007

An Amazing opportunity for great enterprising minds, Judgment Recovery Business is a great way to earn and sustain a living. The goal of judgment recovery is, as the name suggests, is to enforce court money recovery judgments. Generally, methods induced and used for the process of judgment recovery are same, from one state to another. Albeit, there are some minor differences in the way the law allows the judgment recovery.

Before you categorically put into effect a judgment recovery, you as a judgment recovery specialist, have take assignments on these judgments. What it essentially means, is that the judgment is factually transferred into your name, you being the judgment recovery specialist, using legal agreements, almost of the same type used for transferring real estate or any other assets. By getting a judgment transferred in to your name, you as judgment recovery specialist become the new creditor and thus replace the original creditor.

Once the judgment has been transferred into the name of the judgment recovery specialist, also known as “taking a judgment assignment”, he or she is now able to perform and enforce all such require operations that are pipelined for judgment recovery. These operations or acts include, getting credit reports, in-depth investigations, calling the defendant to court for explanations and citing, freezing the debtor’s bank accounts, seizing additional real estate or property, gaining and holding reins on the defendant’s homes, freezing monthly wages.

Many people jump into the judgment recovery business, thinking that the business will generate results pronto. Albeit, the judgment recovery business is cost efficient to start with, but in terms of yielding profits, which are most definitely huge and very much present, it does take time. It is advisable to all newbie judgment recovery specialists to have no unrealistic and foolish expectations out of the judgment recovery business, since this will only further lead you going out of business. So in the end to answer you questions; of, judgment recovery business is cost effective to start? Yes, since almost every one is getting sued today. Are there any court judgments available to recovery? Plenty, more than you could handle. Is the business of judgment recovery easy and fast? No, in fact the process of judgment recovery is long, but profit margins are high and income is definitely more.