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Article Directory :: Legal Articles
I'm not an attorney, I am a judgment expert. This article is my opinion, from my California experiences. Laws are different in every state. If you ever want a strategy to use or legal advice, please contact an attorney.
Judgments are both a piece of paper, and a historical record system. Judgments include a record of the unique actions primarily related to winning, and attempting to enforce the judgment. Judgments aren't guaranteed, not cash, and don't enforce themselves.
If one contacts a judgment buyer, broker, collector, enforcer, collection attorney, or a collection agency; they won't do anything meaningful until they get a copy of the judgment.
It does not matter what and how much, you communicate to a person or entity about a judgment, they won't be performing very much database work, or investigating the debtor completely using public records, until they get your actual judgment. An exception may be if the entity or person is near the court, and the judgment looks easy to enforce and is big, they may obtain a copy of the judgment for you.
The reason a judgment copy is required is that being named a debtor is serious, and only an actual judgment may be relied on, to fully list exact debtor(s) and the amounts and date on the judgment.
Proofs of service on judgments is often very important. A default judgment are not as strong than argued judgments because with defaults, debtors could assert they weren't properly served, even when they are lying.
When you send the actual judgment papers, and what is known about the debtors; then you will receive actual quotes, retainers, contracts, or agreements, for a purchase or collection of a judgment.
There are no averages, on the amount of paperwork judgment owners store with a judgment. Some people do not keep anything. Some people keep just the page with the court's endorsement, that lists the amount the judgment is for.
Some judgment owners store several copies of every possible document, including every kind of court documents, receipts, copies of email, notes, every revision of the lawsuit (called the complaint), every work product, mail received, etc.
Storing the one page "meat" of the judgment may be ok, but it's best to also store a copy of the proof of service, and whatever you know about the debtor(s). Also, store every document that show all prior steps you took to attempt to recover, for example writs of garnishment, liens, and levies.
One should not need or want to store, duplicate, and mail out a 50-pound box of paperwork. One should store what is required and not more. What was necessary before should be assessed a year after the judgment date. You might store just the page(s) of the judgment itself, the proof of service, the final revision of the complaint, and whatever pinpoints the debtor(s) and their assets.
If you do not contact a judgment broker, you will need to send the judgment paperwork to many or several recovery specialists, as many recovery specialists have become really choosy on what judgments they might purchase or attempt to enforce, in our current economic meltdown.
If you talk with a judgment buyer, broker, collection attorney, or a recovery specialist, stay on the topic of your judgment, and what you know about the debtor(s). It doesn't help to drone on with useless information or deep feelings about your debtor, or to give them a lot of paperwork. When you located the right recovery solution or buyer, then you could send the additional paperwork you might have.
Judgment records could either be PDFs or paper copies. They can't be printed dockets from court web sites only for several reasons, including web sites for courts vary, and judgment amounts and other needed details might not be on from web sites for courts, and they're never guaranteed for accuracy.
When you don't have a copy of a judgment, your court will make you a copy for a small cost. The court may allow you to download a PDF of the judgment. If you hired a lawyer, maybe they have a paper or a PDF copy of the judgment.
http://www.JudgmentBuy.com - where Debts and judgments quickly get enforced by an expert - matched expertly for free, to the debtor.
Mark Shapiro, a expert on judgments. We pay for leads, and offer the best no obligation free leads for collection agencies, enforcers, and contingency collection lawyers.
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