Questions?

Email us, or give us a call!

PH: (912) 882-8190

© 2008 Sierra Judgment Recovery Copyright—All Rights Reserved

Judgment recovery is one of the most legitimate, solid business opportunities available today. It's not Multi-Level Marketing, network marketing or any other kind of 'get-rich-quick' scheme, as are so many of the opportunities we are bombarded with today.

This is a valuable, much needed service in any community. There is truly little, or no competition anywhere! Why? Because this is an unheard of service industry in it's infancy - but soon it's going to explode!

This is the niche to fill before everyone else catches on to the vast amount of opportunity available at their local court house.

Let's talk about why this is such a needed service. When a person takes a dispute to court and wins, he or she is awarded a judgment, usually for money. Unfortunately, 80% of judgments awarded in court are never collected.

Each year billions of dollars awarded in court go uncollected because the courts can't force the debtor to pay. Although there are powerful legal tools available to the holder of the judgment that are designed specifically to enforce the payment of the judgment, the sad truth is most people don't know how or where to begin.

This is where the Judgment Recovery Specialist plays a valuable role.

The judgment holder can legally assign the judgment to someone else to enforce it for them. The person assigned the right to collect the judgment can then pursue the collection of the judgment as if it were their own.

Civil judgments are assignable in ALL 50 states, as well as Canada, Australia, or any country who's laws are based on the Westminster Judicial System. Essentially, any country that has had anything to do with English settlement. The laws in such countries tend to be based on very generic and consistent methods for the enforcement of judgments.

Judgments are valid for an average of ten years in most states, and they are typically renewable if they are renewed before they expire. After a couple of years have passed, the average person who has been unable to enforce their judgment will usually forget about it and go on with their life. This is money they have essentially written off.

We will show you the most effective ways to contact these judgment holders; and how to obtain more of these judgments to collect than you can handle.

When the judgment holder receives our special letter from you informing them that you can enforce their judgment, without any up front fees coming out of their own pocket, they will be very excited about the prospect of receiving money from the useless piece of paper they've been holding. To them, 50% of something is better than 100% of nothing.

And no, that wasn't a typo!

You can negotiate any percentage of the judgment to keep for yourself that you feel comfortable with, but most people have no problem with letting you keep 50% of what you collect for them.

Let's look at an example. A judgment has been awarded two years ago for $5,257.00. The judgment holder assigns the judgment to you for enforcement. Figuring in post judgment interest at the rate of 10%, the judgment is now worth $6,308.40. You've been assigned to enforce the judgment keeping 50% of what you collect. Your portion for a few hours worth of work will be $3,154.20. Not bad!

We are not talking about standard collection methods here! A collection agency will send dozens of ineffective, annoying collection letters that may result in only a 15% collection ratio. After that, they tend to let the judgment fall by the wayside.

A judgment creditor has the legal right to seize bank accounts, garnish wages, and place liens on or seize personal property and force a sale. All of these procedures are carried out through the court system. If you choose not to, you will never even have to contact the debtor. All you have to do is occasionally have them served with legal documents through the mail.

Let's look at an average judgment enforcement scenario:

The Dispute:

As we said earlier, judgment recovery is a valuable, much needed service in any community.

Why?

Imagine yourself as John Doe. Now, you're a nice enough guy, and one of your less fortunate friends, Joe Shmoe, approaches you for a loan so he can buy a used car. Let's say it's $2,000 that he wants to borrow. You, being of a generous nature, loan him the money, with the understanding that he'll pay you back in two months.

Alright, so two months have gone by, and your friend has been mysteriously absent. You've called his house and left several increasingly anxious messages--which he doesn't return. Just to make the story more interesting, imagine you've heard from a second hand source that Joe has received a hefty sum of cash from a recently departed relative- so you know he has the money to repay your loan.

Now six months have gone by and Joe seems to be doing well enough, but he still won't pay you back. You do what the average, law-abiding citizen does, and take the son of a gun to Small Claims Court. And besides, you could really use the money to put braces on your kid, John Jr.

The Court Clerk and the Judicial Court System:

After paying your filing fee you are met with an onslaught of foreign looking forms that must be completed before you can proceed.

You take these forms home and puzzle them out, return to the court and hand them over to the court clerk, who promptly tells you they're not filled out correctly and hands them right back.

I'm sure you're confused by this point, so you ask the clerk to explain where the problem lies. Now, getting information out of a court clerk can be like pulling teeth if you don't know the right questions to ask. So likely, if you get any information at all, you're more turned around than when you asked in the first place. But somehow you manage to get it done correctly and you hand in your paperwork and schedule your court date.

Your day in court arrives (finally) and--wonder of wonders, Joe doesn't even show up. But that's not necessarily a bad thing, because the judge has awarded you the judgment by default. You breathe a big sigh of relief and go home waiving your piece of paper that says you were awarded the judgment in triumph and tell your wife to go ahead and make that orthodontist appointment for John Jr.

A month goes by.

No word from Joe. No word from the court either. You're thinking there must have been some hiccup in the legal process and that's why you haven't received a big, fat check in the mail yet. Naturally, you call the court clerk--that lovely fountain of information--to ask why you haven't received your check yet.

Now comes the big surprise.

The real whopper.

It's totally up to you to make Joe pay. The court can't help you. So sorry. Have a nice day.

You can garnish Joe's wages, but do you know where he's working? What if he's working under the table? You can seize Joe's bank account, but do you know which bank? You can make the sheriff take that used car and sell it, but do you know how or where the car is? Probably no, no, no and no. Back to square one, which is nowhere, by the way.

Can you see the need for a judgment recovery specialist here? Someone who not only knows what court procedures to use to enforce the judgment, but how to get the information needed to implement them?

Enter the Judgment Recovery Specialist:
(Horns and Trumpets…)

One day, a couple of years later, while grumbling over all the bills in the mail, John noticed an official looking letter from Statewide Judgment Recovery. Now, believe it or not, John had really forgotten all about the judgment he had against Joe. Of course, this letter sparked his curiosity, so he opened it.

It wasn't exactly what he expected, but the next best thing. This company told him that they'd run across his judgment down at the court house and noticed it hadn't been paid. They wanted to know if John would be interested in letting them enforce the judgment for him. Since the judgment recovery company was willing to pay for all of the fees associated with the collection of the judgment up front, no money would have to come out of John's pocket.

Figuring he had nothing to lose, since it seemed like pigs were going to fly before Joe paid up on his debt, John called the judgment recovery company. He took a minute to review his case with a friendly, and--big surprise--helpful person on the other end of the line.

The person on the phone told John they'd be willing to do all of this for him in exchange for 50% of whatever they collected. It really just turned out to be a simple matter of signing a couple of agreements and turning the judgment recovery specialist loose on Joe. God speed.

Now, let's give this faceless judgment recovery person an identity. Let's call her Beverly. Beverly is a highly trained, specialized kind of bull dog. She's equipped with everything she needs and all the tricks of the trade to make sure John gets his money.

After Beverly receives John's signed agreements, she files them with our esteemed court clerk, who is actually on good terms with Beverly because they deal with each other all the time. Then the real work begins.

The chase is on! Since John didn't really have very much information to give Beverly about Joe when he signed the agreements, it is now up to her to find Joe and his assets. No problem for Beverly, she eats cases like this one for breakfast. In about 2 hours she nailed down where Joe was banking AND employed, and was ready to get the ball rolling.

I feel I should explain to you what happens when a judgment holder assigns a judgment over to someone like Beverly. Beverly becomes, in the eyes of the law, the judgment creditor. She has exactly the same rights of enforcement that John had to use the powerful legal remedies provided by law to force Joe to pay the debt he owes to John. Actually--Joe now owes the debt to Beverly.

Of course, Beverly went after the easiest, biggest asset available first--the bank account. She filed a form with the court and sent the Sheriff, who acted as her levying officer, over to the bank to seize the account. This being the legal system, after all, it took about 30 days for the Sheriff to issue her a check. When she received the check, she reimbursed herself for the fees she incurred- around $7 for a credit report and $35 for court filing fees.

Any filing fees that Beverly spends are reimbursable as costs after judgment, so Beverly is able to add the amount of these fees to the judgment. Joe will ultimately pay for them. Then she wrote a check and mailed it to John for half of what was left.

Now- you reap what you sow, after all, and Joe had been a little sleazy, so Joe only had about $1200 of his settlement left in his bank account. That left a balance due on the judgment of $842 ($800 of the original judgment + $42 in reimbursable fees).

No problem for Beverly. She found out where Joe works, remember? Beverly once more sent the Sheriff to do her work for her and serve a garnishment order on Joe's employer. Now she'll get paid every time Joe gets paid, until the judgment is completely paid off.

For those of you with financial savvy, I haven't brought up post judgment interest in this story, just to keep things uncomplicated, but in reality, interest accrues on Joe's debt at the rate of 10% which would actually increase the amount of the judgment.

Anyway, the ending to this story is a happy one. John got a good chunk of the money that Joe owed him and Beverly got a hefty sum as well. John Jr. got those braces he really (really) needed. We don't really feel very sorry for Joe…

Earn A Steady, Reliable Income From Home!

One of the greatest benefits about your own home-based judgment recovery business is the income. While it isn't likely that you'll get rich over night, a judgment recovery business can produce a substantial, reliable and steady income.

How Much Would You Like To Earn?

If you were to send 100 solicitation letters to judgment holders, you'd likely end up with 30 to 35 judgments to collect.

That's a lot!

Figure that out of those 30-35 cases, you'll likely be able to collect 50% - 60% of those judgments. This means you'd collect 15-17 judgments.

Let's assume the average judgment is $1,500. Further, you'll be keeping half of what you collect. That works out to be around $12,000 in gross income you'll keep for yourself.

"Now is the best time in history to profit with a home based business...

Statistics have shown that the average income of someone who works from home is nearly twice that of the average American worker.

It's no surprise then that a high proportion of millionaire business owners are also home-based."

Home Business Magazine; June 2004

Here's what that looks like in cold, hard numbers:

100 Solicitation Letters = 32 Judgments Assigned
Number of Judgment Collected = 16
$1,500 x 16 = $24,000
Amount You'll Keep (50%) = $12,000
Enforcement Costs = $640 (about $40 per judgment)

Net Income = $11,360

Click here for comprehensive, in-depth information
about our nationally acclaimed professional
Judgment Recovery Training Program

Quick Links

Home Free Training Place An Order About Us About the Business Professional Training Frequently Asked Questions Table of Contents