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Free Judgment Recovery Training Course
First Name
Email
Why
The Need For Judgment Recovery Is So Great.
Did you know everyday
thousands
of money judgments are filed in court houses throughout the
United States? A money judgment is no ordinary debt. It's a
legal order to pay a specific dollar amount handed down in a
court of law.
In most cases a money judgment
is the result of one party (Plaintiff) filing a lawsuit
against another party (Defendant), to recover monetary
damages. The damages can range from a broken promissory
note to a broken window. Today it seems any dispute is fair
game for a lawsuit.
However, what most people
don't realize is that winning the judgment is only
half
the battle. The hard
part is collecting the money. You see, even when a judgment
is awarded, it's still up to the plaintiff to recover his
money. Here's why:
Immediately after the
judgment is awarded 80% of the defendants either go into
seclusion or flat out refuse
to pay. It's then up to the winner of the lawsuit to locate
the defendant and his assets.
The good news is
that once the defendant's assets are located, the court
system can then
be utilized to seize
the assets and pay the debt. Obviously then the key to
success is knowing how to find the defendant and his assets.
Some of the items of value
that can be easily attached (legally seized) include:
Bank Accounts
-- Seizing bank accounts are a fast and effective way to collect
judgments. How To Make A Fortune Processing Judicial Judgments
explains in depth how to locate and levy banks accounts.
Real Estate
-- Filing a lien against property owned by a judgment debtor is an
excellent method to enforce a judgment. When the debtor sells or
refinances the property, you as lien holder, will receive payment
for your claim against the it.
Wage
Garnishments --
Here we're talking about multiple streams of income.
Imagine establishing 10, 15, 20, or even 25 wage
garnishments... all paying you each month.
Security Deposits
-- If your debtor is an apartment dweller, more than likely he's
has a security deposit with the apartment company. This can also
be levied to enforce the enforce collection of the judgment.
Automobiles
-- In most states if a judgment debtor owns more than on car you
can repossess the other car(s) to satisfy the judgment.
Business Income
-- Here, your judgment debtor has a
store front and is doing business directly with the public. In
this situation, you hire the sheriff to physically go into the
business and take the money at the close of business. This
tactic works like a Rolex to motivate business debtors to satisfy
their debt.
Payments Received
From 3rd Parties -- In this
example you're judgment debtor
owns rental property. As a judgment holder you can intercept the
rental payments to enforce collection of the judgment. There are
other payments from 3rd parties that can be garnished as well. They're all
explained in How To Make A Fortune Processing Judicial Judgments.
Tax Refunds
-- Tax refunds are also assets that
may be seized to satisfy a judgment debt. Both state and federal
tax refunds can be garnished.
So you're probably thinking
"Okay, all that sounds great,
but how can I make money
in judgment recovery?" Excellent question. You can find the
answer by signing up for my free judgment
recovery training course.
All the best,
Lance Shapiro
Legal Revenue Service
(Try some more free
online judgment recovery training,
take our free 5 day
judgment recovery training course, or, when
you're ready for serious judgment recovery instruction, try
How To Make A
Fortune Processing Judicial Judgments.)
The entire
contents of this newsletter Copyright 2008 Legal Revenue
Service. Please feel free to share this newsletter with
your friends or post it on your site as long as it is left
intact with all links unchanged and this notice.
Any other modification or
reproduction of this article is expressly forbidden.
Judgment
Processing |
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 Legal Revenue Service,
P.O. Box 1074, Little Rock, CA 93543
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http://www.judgmentprocessing.com
Legal Revenue Service 2008 October
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Details of a judgment recovery training program.
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