The Idiots' Guide To Judgment Recovery
Mark Shapiro
(What one can learned when they type Judgment Enforcement into Google)
Ah Google, my old friend. For anyone wondering "What the blank is Judgment enforcement?," or how to go about it. All it takes is a few seconds to get some hints on the front page of Google results.
"Judgment Enforcement" sounds like some pretty heavy-duty words. And aren't all Judgments enforced, by default? With a quick search of the search engines, it is alarming to find that this is not the case.
The surprising statistics show that, in many cases, the debtor needs to be strongly reminded to pay their debt. Just a friendly nudge? Do people really, genuinely "forget" to pay what they owe, and what they have been ordered to pay? Or are they just trying to get out of it by further dishonesty?
One of the first links I found (dealing with Australian law) says that you need to wait six whole years before you can press debtors to pay! This is pretty crazy.
Back to basics though. A Judgment is an official decision over a lawsuit, made by a judge, in a court of law. Once the case has been settled and a Judgment has been laid it should be decided which party owes what. Surely most people, once they have won their lawsuit, think this is the end of the battle. That's what it's like on TV. You win the case, the other party owes you a lump sum of money, and you smile and get on with your life.
In the real world, however, apparently that is not the case! Enforcing these Judgments and getting your money seems like in some cases that it is easier said than done.
Once you're out of the courtroom, it is then up to you to chase up the money you are owed. You are the one who has to enforce your Judgment, or find someone to do it. It is shocking to read that there are a good deal of people who simply ignore the Judgment and do not pay up. This is where Judgment enforcement actions are required.
Sure, most of us hate debt collectors, but when the shoe is on the other foot and you are owed a substantial sum, they are going to seem like they are sent from heaven. You can find a good judgment enforcer to enforce your civil Judgment for you.
Many websites offer Judgment enforcement and debt collection have the following statistic on their front page: Only 20% of creditors actually pay they money that they owe! Is this just inflated to build business for this site, or is this a true fact? Sure, it sucks to be in debt, but when you've been court ordered to pay, surely that is the time you take debt payments seriously.
Google gives an enlightening introduction to the scary world of Judgment enforcement. Does a court ruling really mean much? It wouldn't appear so, with all these warnings about the difficulty of getting your debts settled and receiving the money you have been rightly awarded.
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