In a lawsuit, there are two parties involved: the plaintiff, which is the person(s) or entity bringing the case to court. Typically, the plaintiff brings charges against the defendant in an attempt to collect damages. Financial, property, and emotional damages are assessed and the plaintiff sues for that amount.
If the defendant loses the case, he or she is ordered to pay the plaintiff a particular amount of money.
When a debtor ignores a judgment, the creditor must take steps to claim the money. So what can judgment creditors do?
The court system offers no recourse: once the judge makes a decision, the court has no further responsibility. Some creditors turn to attorneys, but very few lawyers are in the business of judgment recovery.
A fee of 50% of the judgment is standard. You get 50% of the judgment for every assignment, plus charge for accured interest + all expenses. Realistically, you'll be able to collect about 50%- 60% of those cases. Where can you make profits like this?
Make up to $75 An Hour Working Working From Home as a Small Claims Judgment Recovery Processor
(... more if you scale your judgment recovery business or work more efficiently)
Start From Scratch ... No Special Skills Required ... Can be built into a multi-hundred thousand dollar empire in as little as 6 months
