Steps To Start Your Own Judgment Recovery Business
RecoverySoft / December 15, 2018

Are you doubtful of you, starting up a judgment recovery business? If the answer to the question is yes, then this usually means a good thing, since you are cautious. The judgment recovery business requires a lot of caution and patience; you as judgment recovery specialist would have a lot on his hands in terms of learning the tricks and trades of the judgment recovery business. Well, there are a few risks too involved in the judgment recovery business, after all it is a business and in business there is always a certain level of risk involved. Hence some people, unlike yourself, have a daily secure job and are employed in various legacy firms. Apart from the regular positives and negatives that go into making a business, the business of judgment recovery has its own set ups and downs. Like any other business startup, a judgment recovery business is driven by motivation. You as a judgment recovery specialist will be required to make decisions, accept risks, look past quick fix solutions and accept challenges. A judgment recovery specialist should have the desired communication skills, should be able to evaluate his or her own capabilities and requirements. To start a successful…

Judgment Recovery Methods in California
RecoverySoft / December 14, 2018

Judgment recovery methods in California are the topic of this article. This article will discuss some of the more commonly used methods for collecting on an unwanted jurisdiction in the State of California. These are very common as there are estimates stating that approximately 80% of them are never collected. I have been collecting unpaid judgments in California since 1992 when I worked in commercial and industrial property management and over the years I have collected on many both large and small as an employee and as a redemption recovery professional. Anyone who has ever obtained a judgment soon discovers that while the Court may enter it they will not collect it for you. In the real word few debtors if any ever voluntarily pay which makes the judgment creditor liable for collecting the judgment. However the Court will issue certain documents that are very useful in collecting such as writs of execution, abstracts of judgment, order to appear for examination for a judgment debtor, etc. There are two major collection methods that can be used in collecting which are discussed briefly below. Anyone attempting to collect on an unpaid judgment should carefully consider which of the two methods they…

Steps To Start Your Own Judgment Recovery Business
RecoverySoft / December 13, 2018

Are you doubtful of you, starting up a judgment recovery business? If the answer to the question is yes, then this usually means a good thing, since you are cautious. The judgment recovery business requires a lot of caution and patience; you as judgment recovery specialist would have a lot on his hands in terms of learning the tricks and trades of the judgment recovery business. Well, there are a few risks too involved in the judgment recovery business, after all it is a business and in business there is always a certain level of risk involved. Hence some people, unlike yourself, have a daily secure job and are employed in various legacy firms. Apart from the regular positives and negatives that go into making a business, the business of judgment recovery has its own set ups and downs. Like any other business startup, a judgment recovery business is driven by motivation. You as a judgment recovery specialist will be required to make decisions, accept risks, look past quick fix solutions and accept challenges. A judgment recovery specialist should have the desired communication skills, should be able to evaluate his or her own capabilities and requirements. To start a successful…

Judgment Recovery Methods in California
RecoverySoft / December 13, 2018

Judgment recovery methods in California are the topic of this article. This article will discuss some of the more commonly used methods for collecting on an unwanted jurisdiction in the State of California. These are very common as there are estimates stating that approximately 80% of them are never collected. I have been collecting unpaid judgments in California since 1992 when I worked in commercial and industrial property management and over the years I have collected on many both large and small as an employee and as a redemption recovery professional. Anyone who has ever obtained a judgment soon discovers that while the Court may enter it they will not collect it for you. In the real word few debtors if any ever voluntarily pay which makes the judgment creditor liable for collecting the judgment. However the Court will issue certain documents that are very useful in collecting such as writs of execution, abstracts of judgment, order to appear for examination for a judgment debtor, etc. There are two major collection methods that can be used in collecting which are discussed briefly below. Anyone attempting to collect on an unpaid judgment should carefully consider which of the two methods they…

Judgment Recovery And Trusts
RecoverySoft / December 12, 2018

What if you learn that your judgment debtor is a beneficiary of their parent’s trust, and the parent died. Is there anything you can or need to do, besides levying on the trust through the probate trustee? One of many judgment-related articles: I am not a lawyer, and this article is my opinion based on my experience, please consult with a lawyer if you need legal advice. Most often, trusts are handled in probate courts. Trusts are usually not simple, and each state has their own laws concerning trusts. In California, there is probate code 15301, which reads: (a) Except as provided in subdivision (b) and in Sections 15304 to 15307, inclusive, if the trust instrument provides that a beneficiary’s interest in principal is not subject to voluntary or involuntary transfer, the beneficiary’s interest in principal may not be transferred and is not subject to enforcement of a money judgment until paid to the beneficiary. (b) After an amount of principal has become due and payable to the beneficiary under the trust instrument, upon petition to the court under Section 709.010 of the Code of Civil Procedure by a judgment creditor, the court may make an order directing the trustee…

Steps To Start Your Own Judgment Recovery Business
RecoverySoft / December 12, 2018

Are you doubtful of you, starting up a judgment recovery business? If the answer to the question is yes, then this usually means a good thing, since you are cautious. The judgment recovery business requires a lot of caution and patience; you as judgment recovery specialist would have a lot on his hands in terms of learning the tricks and trades of the judgment recovery business. Well, there are a few risks too involved in the judgment recovery business, after all it is a business and in business there is always a certain level of risk involved. Hence some people, unlike yourself, have a daily secure job and are employed in various legacy firms. Apart from the regular positives and negatives that go into making a business, the business of judgment recovery has its own set ups and downs. Like any other business startup, a judgment recovery business is driven by motivation. You as a judgment recovery specialist will be required to make decisions, accept risks, look past quick fix solutions and accept challenges. A judgment recovery specialist should have the desired communication skills, should be able to evaluate his or her own capabilities and requirements. To start a successful…

Steps To Start Your Own Judgment Recovery Business
RecoverySoft / December 11, 2018

Are you doubtful of you, starting up a judgment recovery business? If the answer to the question is yes, then this usually means a good thing, since you are cautious. The judgment recovery business requires a lot of caution and patience; you as judgment recovery specialist would have a lot on his hands in terms of learning the tricks and trades of the judgment recovery business. Well, there are a few risks too involved in the judgment recovery business, after all it is a business and in business there is always a certain level of risk involved. Hence some people, unlike yourself, have a daily secure job and are employed in various legacy firms. Apart from the regular positives and negatives that go into making a business, the business of judgment recovery has its own set ups and downs. Like any other business startup, a judgment recovery business is driven by motivation. You as a judgment recovery specialist will be required to make decisions, accept risks, look past quick fix solutions and accept challenges. A judgment recovery specialist should have the desired communication skills, should be able to evaluate his or her own capabilities and requirements. To start a successful…

Judgment Recovery And Trusts
RecoverySoft / December 9, 2018

What if you learn that your judgment debtor is a beneficiary of their parent’s trust, and the parent died. Is there anything you can or need to do, besides levying on the trust through the probate trustee? One of many judgment-related articles: I am not a lawyer, and this article is my opinion based on my experience, please consult with a lawyer if you need legal advice. Most often, trusts are handled in probate courts. Trusts are usually not simple, and each state has their own laws concerning trusts. In California, there is probate code 15301, which reads: (a) Except as provided in subdivision (b) and in Sections 15304 to 15307, inclusive, if the trust instrument provides that a beneficiary’s interest in principal is not subject to voluntary or involuntary transfer, the beneficiary’s interest in principal may not be transferred and is not subject to enforcement of a money judgment until paid to the beneficiary. (b) After an amount of principal has become due and payable to the beneficiary under the trust instrument, upon petition to the court under Section 709.010 of the Code of Civil Procedure by a judgment creditor, the court may make an order directing the trustee…

Judgment Recovery Methods in California
RecoverySoft / December 9, 2018

Judgment recovery methods in California are the topic of this article. This article will discuss some of the more commonly used methods for collecting on an unwanted jurisdiction in the State of California. These are very common as there are estimates stating that approximately 80% of them are never collected. I have been collecting unpaid judgments in California since 1992 when I worked in commercial and industrial property management and over the years I have collected on many both large and small as an employee and as a redemption recovery professional. Anyone who has ever obtained a judgment soon discovers that while the Court may enter it they will not collect it for you. In the real word few debtors if any ever voluntarily pay which makes the judgment creditor liable for collecting the judgment. However the Court will issue certain documents that are very useful in collecting such as writs of execution, abstracts of judgment, order to appear for examination for a judgment debtor, etc. There are two major collection methods that can be used in collecting which are discussed briefly below. Anyone attempting to collect on an unpaid judgment should carefully consider which of the two methods they…

Judgment Recovery And Trusts
RecoverySoft / December 7, 2018

What if you learn that your judgment debtor is a beneficiary of their parent’s trust, and the parent died. Is there anything you can or need to do, besides levying on the trust through the probate trustee? One of many judgment-related articles: I am not a lawyer, and this article is my opinion based on my experience, please consult with a lawyer if you need legal advice. Most often, trusts are handled in probate courts. Trusts are usually not simple, and each state has their own laws concerning trusts. In California, there is probate code 15301, which reads: (a) Except as provided in subdivision (b) and in Sections 15304 to 15307, inclusive, if the trust instrument provides that a beneficiary’s interest in principal is not subject to voluntary or involuntary transfer, the beneficiary’s interest in principal may not be transferred and is not subject to enforcement of a money judgment until paid to the beneficiary. (b) After an amount of principal has become due and payable to the beneficiary under the trust instrument, upon petition to the court under Section 709.010 of the Code of Civil Procedure by a judgment creditor, the court may make an order directing the trustee…