These are some of the questions judgment creditors ask most often.
| Does FJR Judgment Recovery pursue costs, attorney fees, and interest on a judgment? |
| Yes. FJR Judgment Recovery pursues interest, as well as costs, and whatever fully appreciated amount ever becomes due. |
| What expenses are involved in recovering a judgment? |
| The most common expenses are court fees, fees and deposits for the sheriff, process serving and postage. Any creditor executing a judgment will encounter costs before getting paid. An advantage of assigning your judgment to FJR Judgment Recovery is that you do not pay these up front. Instead they are settled out of money recovered from the debtor. |
| How much will the expenses cost? |
| Costs vary depending on the jurisdiction and the difficulty of the execution. Many jurisdictions allow judgment creditors to recover these expenses from the debtor. FJR Judgment Recovery will seek to recover these costs from the debtor where applicable. |
| How long does it take to enforce a judgment? |
| Smart creditors do not rely on an estimate of the time it will take to make a debtor pay off a judgment. Circumstances vary greatly from case to case. It is best to view a judgment as an opportunity to be paid in the future--perhaps tomorrow, in a year, or longer. Assigning your judgment to FJR Judgment Recovery is a strategy to increase your opportunity to get paid and to manage the risk that you won't. |
| How long does a judgment remain valid? |
| This varies by state. The statute of limitations applicable to judgment debts is typically less than 20 years--sometimes as short as 5 years. In many states there are procedures available to gain more time. |
| Should I get an attorney to enforce my court judgment |
| Maybe. Many attorneys do not spend much time pursuing judgments. Especially in the case of smaller awards attorneys likely make more money by working on trials and their other cases. So it can be hard to find a lawyer that will handle a judgment for a reasonable fee. An attorney might require you to pay by the hour and/or to pay in advance. FJR Judgment Recovery never requires you to pay before you get paid. |
| Should I get a collection agency to collect my judgment? |
| The typical collection agency does little more than contact a debtor as frequently as allowed by law (or more often if they're crooked). Our approach is very different even though FJR Judgment Recovery is in fact a licensed consumer collection agency registered by the Florida Office of Financial Regulation. We rarely negotiate unless the debtor makes the first move. We do not harass debtors or dicker or make idle threats. Those tactics rarely work anyway. Instead we use the legal avenues at our disposal to find the debtors property and take it. |
| Are there other advantages you offer over the typical collection agency? |
| You bet. Federal and state law enables debtors to tell most collection agencies to go away and stop bothering them. Ordinarily the agencies must comply. As a successor in interest to a judgment debt many provisions of these laws do not apply to FJR Judgment Recovery. |
