For all judgments, the creditor is just as important as their judgment debtor. An unreasonable creditor could get into legal trouble or have some legal issues, after the creditor tries to enforce their judgment; or the creditor might make judgment recovery experts and/or contingent-rate collections attorneys crazy.
This is one of my many judgment-related: I'm the Judgment referral expert, not an attorney. This article is only my opinion based on my long term experiences, please hire an attorney when you require legal advice.
A problem creditor might be having problems with their own actions or their mindsets. Some examples of mindset-related creditor problems are thinking a judgment is worth big cash upfront, or is guaranteed, or judgment enforcers should only keep ten percent of what gets recovered, or collection should happen in a few weeks, or their court favors judgment creditors. These viewpoints waste everyone's time and means the judgment creditor probably won't get even a dollar.
Most problem creditor action types are in 2 types, the 1st is if a creditor is trying to enforce their judgments all by themselves. Problem creditors might violate a handful of the 100s of laws that protect judgment debtors (and their privacy); and/or problem creditors could be served with a lawsuit, or be rejected by the sheriff or court.
The other type of problem creditor category is the creditor outsources the judgment(s) to a judgment professional. The remainder of the article covers creditor problems with outsourcing.
A typical judgment collection comes in chunks, and every chunk will come in as much as a year, or in months. It is most often is not because of the judgment recovery professionals. The majority of judgments come with broke judgment debtors, and will not ever enforced.
Assuming a judgment debtor has assets; most of the time, it will take a long while to find their available assets, in some cases, months for a court to endorse a writ of execution, another delay while the registered process server or the sheriff department to serve the writ, then another long delay before the sheriff department sends their check.
The biggest problem recovery professionals are having with creditors is if the creditor repetitively and hyperactively contact the enforcer. Some examples include telephoning much more often than every 3 months or e-mailing more than once a month.
One more problem can be if creditors try to interest judgment enforcers for UCC liens (which are not judgments), expired judgments, or judgments when their judgment debtor has successfully went bankrupt, is unknown, or some business which went out of business a long time ago.
One more problem an be some creditors won't put their signature on anybody's papers. Judgments are a legal document, all judgment enforcement professionals will require contracts, and usually an acknowledgment of assignment of judgment. Certain creditors interview enforcers for several years, refusing to sign everyone's contracts.
The final problem creditor action covered here is a professional shopping creditor. These creditors telephone countless judgment enforcement professionals, squandering everyone's time, usually because of the creditor's mindsets. A creditor's mindset might stop a judgment from being collected.
Mark Shapiro - Judgment Broker - http://www.JudgmentReferral.com - the place Judgments go and are quickly Collected!