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What is judgment recovery?

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Anonymous

12y ago
Updated: 1/1/2023

PFA Judgment Recovery, Inc is a judgment collecting firm located in the state of Missouri and has a solid reputation for being aggressive in the pursuit of debt collections. Not only is PFA Judgment Recovery, Inc able to collect in Missouri but can collect nationwide. The dedication, hard work and favorable results from the Investigators that work the cases has marked this firm as being one of the top producers in judgment collecting.

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What is PFA Judgment recovery?

PFA Judgment Recovery, Inc is a judgment collecting firm located in the state of Missouri and has a solid reputation for being aggressive in the pursuit of debt collections. Not only is PFA Judgment Recovery, Inc able to collect in Missouri but can collect nationwide. The dedication, hard work and favorable results from the Investigators that work the cases has marked this firm as being one of the top producers in judgment collecting.


What is meant by judgment recovery?

Judgement recovery is used by businesses to describe the process of going after the other party in law suit and obtaining the money ruled by the courts.


What legal qualifications or licenses are required to become a judgment recovery specialist in North Carolina?

In North Carolina, there are no specific legal qualifications or licenses required to become a judgment recovery specialist. However, it's important for individuals in this field to have a good understanding of state laws regarding debt collection and judgment enforcement. Many judgment recovery specialists benefit from knowledge in legal processes, negotiation skills, and familiarity with court procedures. Additionally, while not mandatory, obtaining a license as a private investigator or a debt collector may enhance credibility and compliance with related regulations.


Can you garnish the judgment debtor's wages if you have a six hundred dollar judgment?

Yes, the judgment amount is irrelevant when it pertains to the execution of the writ and the recovery of the debt owed. The judgment should be filed with the clerk of the court to be enforced as a wage garnishment order. Please be advised, the court will not collect the monies owed, that is the sole responsibility of the judgment holder.


How do i collect on a landlord tenant judgment?

Do a little research and see if you are up to the time and effort required to chase and collect. Depending on the money involved, you may just want to contact a judgment recovery service. These people are usually experts in the field and will charge a percentage of the recovery. The preceding is an excellent answer. You may want to spend the money on a debtor's hearing where your judgment debtor will be required to provide information on their bank accounts and all money they have under their control. A really important question is: How much is your judgment for? This determines how much you want to invest good money going after bad.


Can someone recommend a judgment enforcement agency NY?

Recovery of Judgment is really good.. I am working with them right now and so far their services have been great its been 2 months and they've already found a bank account which they can freeze! Even though my judgment was for $3,200 this company was able to get more because of the 9% interest that is added on each year for this judgment.. Google them and check them out!


Where might one go to learn more about the judgment recovery process?

The District Court of Maryland has a good tutorial about the judgement recovery process written on their website. A lot of very usefull information can be found there, from finding the defendant's assets, to handling an uncooperative defendant.


What will happen if you do not pay the judgment in a civil case for 750 dollars in West Virginia?

The judgment holder can execute the judgment by wage garnishment, bank account levy or the seizure and sale of non-exempt personal property, or a lien against real property. Small claims judgments are generally restricted to monetary recovery only and do not allow placements of liens or forced sale of property.


If you are sued by an individual how is the judgment collected?

Judgments can be executed in serveral ways, the preferred method is monetary in the form of wage garnishment or bank levy. Personal property of the judgment debtor can be seized and sold or real property can be encumbered by a lien. States have laws which differ in the type and amount of property that can be exempted from judgment enforcement. Generally small claims judgmenta are monetary recovery only, such as wage garnishment.


What happens when a judgment exceedes the amount that the insurance covers?

This is not good, for you! It means that the Insurance co. has met their obligation and if there is an amount still owed, you're stuck with it! You may be sued by the adverse party and they may obtain a Judgment against you. However, in some cases, the Judge may order the Insurance co. to pay the Judgment and they will come after you for the full recovery, minus the amount stated in your policy! Good luck!


Do people receive settlements from class action lawsuits?

If the person were a named party in the lawsuit then he or she would be entitled to an equal portion of the monetary recovery, whether it was a settlement agreement or a judgment award by the court.


Does the state of Missouri allow wage garnishment if a repossessed mobile home is sold for less than the contracted amount?

If the lender sues the borrower and wins a judgment the lender can then execute the judgment as a wage garnishment on any outstanding amount that is owed and in some cases legal fees and other expenses incurred in the recovery of the debt.