If you have been awarded a monetary judgment by a court of law and you have not been able to collect your money, SOUTH FLORIDA JUDGMENT RECOVERY can help! We specialize in enforcement of Judgments and we can help you enforce your judgments.
If you have been awarded a monetary judgment by a court of law and you have not been able to collect your money, SOUTH FLORIDA JUDGMENT RECOVERY can help! We specialize in enforcement of Judgments and we can help you enforce your judgments.
A lot of people don’t realize that a court judgment is only an official note stating that a debt is owed by law. The court is not responsible for actually collecting the money owed. While courts can award damages and demand that companies or individuals pay you, they cannot compel the debtors to physically give you the money. Hundreds of judgments are awarded daily across the country, but up 80% of these judgments are never collected. Once you have been awarded a judgment, you have ten years to collect unless you apply to have the judgment renewed. Your judgment can collect interest, but the longer you wait the more difficult it is to recover what you are owed.
If you have been awarded a judgment in court, the debtor is required to pay you. The only exception is if they win an appeal by proving they do not have the necessary funds. There are various legal tools available for creditors to use in order to recover their money, including garnishment of wages, forced sale of assets, repossession, seizure of bank accounts, evictions and more. A private investigator can get you the information that will allow you to take action. They also have access to resources that allow them to quickly and accurately locate missing people or assets.
In some cases, the debtor, or entity called to pay the damages, will hide their assets, refuse to pay, or disappear to avoid payment. Creditors, the entity to whom the money is owed, may not see their money right away or even at all, depending on the case. A private investigator with judgment recovery experience can uncover hidden assets in order to recover the debt that is owed.
Investigations Involving Judgment Recovery
·Asset Searches
· Skip Tracing
· Forensic Accounting
· Financial Checks
· Background Checks
· Asset Recovery
· Employment Checks
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