JCS Associates, Judgement Recovery Specialists
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QUESTIONS AND ANSWERS ABOUT JUDGMENT RECOVERY

We get so many calls and emails with questions regarding judgment recovery and our other services. In the interest of saving you time here are some of the most asked question with straight forward answers. If you have a question not answered here please email us.

JUDGEMENT RECOVERY: Creditors Q&A's


I just received my judgment; will the court get my money?
My Attorney told me he would recover my judgment. But it has been awhile.
Can you help me recover my judgment?
My company has a lot of judgments, can you handle many at once.
I have an Unlawful Detainer against an old tenant, can you recovery this type of judgment?
How much do you charge?
I have a small judgment, what should I do?
Do I have to give you money up front?
I need my money now, how soon can you get it?
I have an old judgment, can you still recover it?
My business has old debts that are not judgments, can you help with these?
My judgment is from outside California or my debtor is, can you still help?
What is the status of my judgment, How much have you recovered, How far have you gotten?

 

I just received my judgment; will the court get my money?
No, a lot of people think that once the court rules in their favor and they receive a judgment that the court will force the other party to pay. The courts have given you a judgment and given you the power to use the sheriff and others means to enforce the judgment; however you are on your own.

 

My Attorney told me he would recover my judgment. But it has been awhile. We like attorneys, as they sell us many of their judgments.  However Attorneys prefer to be paid directly for the litigation and the counsel they provide. Post judgment enforcement can be a new area of law that your attorney may not wish to get into for several reasons.  Some experienced attorneys will just send letters demanding payment, and that’s as far as they will go because any other method will cost them or you money.  Most law firms are not willing to put up money for recovery. Some attorneys may ask you to provide up front costs and pay them for their firms time. JCS Associates is set up differently; we recover with no up front cost and no charges for recovery.

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Can you help me recover my judgment?
The only way we can recover a judgment is by taking assignment of the judgment, other wise we would be practicing law which we are not authorized to do.  Debtor attorneys are always looking for mistakes by the creditor and this would be one they could use to void or cancel any recovery or enforcement methods.  I can suggest you look at the free tools page if you wish to try recovering your own judgment.

My company has a lot of judgments, can you handle many at once?
Yes, we can work with you in putting a package together and minimizing the paper work required. Depending on the amounts and type of judgments we can work on a package deal that may require special arrangements. Please call our office for details.

I have an Unlawful Detainer against an old tenant, can you recovery this type of judgment?
Yes. Unlawful Detainer’s, labor board judgments, small claims, Unlimited Civil Judgments and a Federal judgment are all recovered in similar manner.  We recover and enforce all types of judgments.

How much do you charge?
The question needs to be rephrased to what do we pay? We are paying you for the purchase of your judgment based on its current and future value and since the debtor is not paying the judgment at this time the value is worth zero.  If we are able to enforce the judgment, then the future value is increased and that is what we will pay you for.  Out of this future value, we pay up front for all court fees’, research and skip tracing fees and all Sheriff Fees. If the debtor filed for bankruptcy, JCS Associates could end up with a loss of several hundred dollars, but you have lost nothing because you sold and assigned the judgment to us. We assume the risk and cost.  Most judgment cases are paid at 50% of the Judgment. This is an industry standard that we agree with because of the large amount of uncollectible judgments.

Some peoples first reaction is “no way am I going to give up 50%”, so we ask what do they have now?  If you have not been paid yet, then your judgment is considered lost money. You will most likely never see any of the money again. However stop and think for a moment, what about finding a stash of hundreds in a folder in your desk a year from now.  Think of finding thousands from lost claims as cash back on your companies ledger. That’s found money, that what we are offering, a chance that we may recover money for you and at our own risk and cost.  We do not negotiate on judgments lower than $50,000, reason being the amount of set cost in research and court cost involved.

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I have a small judgment, what should I do?
Judgments under a $1,500 are considered a loss in our business.  The amount of money it takes to assign then research and then recover a judgment this small makes it unprofitable for most Judgment Recovery professionals.  However JCS Associates does have a program that will accept this type of judgment, however we do charge $100.00 non refundable fee to take assignment for these small cases. We still pay a contingency of 50% of what is recovered. We strongly recommend that you try to make an offer or compromise the amount to settle the judgment first.  Be sure to file a “Satisfaction of Judgment” with the court if you do agree to settle for less than the full amount.  If you don’t your debtor could come back and sue you for damages to their credit report for more than the original Judgment. Be careful, see the free tools page for where to get the document.

Do I have to give you money up front?
Unless you take the above mentioned program, for a judgment under $1500.00, then there are no fees under normal conditions.  You will be required to get a notary to sign an assignment, but that is not paid to JCS Associates. A notary normally costs up to $25.00 or free at some Banks and Credit Unions.

I need my money now, how soon can you get it?
If you need money now, we suggest you get a loan or sell something, because recovering a Judgment will take some time.  Judgment recovery is a slow process.  Because the debtor has “rights” he or she has time to exercise them and time is not on our side.  30 day, 60 day waiting periods are normal, and 90 day reach back period for past payments if they file for bankruptcy, add in a couple of court calendar days and you can really push the clock back.  If the debtor has no assets then it could take years to get payments or a decade for a debtor to get their life together enough to pay, but WE WILL WAIT!  That’s why judgments are renewable every 10 years indefinitely.  Now of course we could get lucky and get paid in 5 days, but this is under unusual circumstances. Point is, this is lost money so don’t count on it, don’t believe you have it until you get a check from us.

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I have an old judgment, can you still recover it?
Yes, if your judgment is under 10 years old or if you have renewed the judgment yourself before then we can take assignment.  If the judgment posted date has passed by a day, then you have lost your right to recover, and we are sorry.  If time is short please make sure you note that in your email or voice mail to us, so that we can see to the urgency needed to make sure you don’t lose your judgment.

My business has old debts that are not judgments, can you help with these?
Yes, we can work pre-judgment accounts under certain conditions.  We can work with most accounts that can still be taken to court to be converted into judgments. We are also willing to look at HIPA compliant claims on a case by case basis.

My judgment is from outside California or my debtor is, can you still help?
Yes. We recover judgments all over the country and sometimes beyond including Federal judgments and foreign judgments. These judgments do involve more risk so the contingency fees are different and are considered on a case by case basis. Please email us the details of your case for our consideration and we will reply with our best offer and solutions.

What is the status of my judgment? How much have you recovered? How far have you gotten?
Since the process of assignment means we legally own the judgment, we can not tell you any of the investigative information as it would look like we where acting as your attorney or a third party, again “Unlawful practice of Law” which we are very careful to avoid. We can only inform you of any money in your account that may be coming to you. If you send us an email at status@jcs-associates.com we will respond only if money has been recovered, if no money is present for your judgment we will respond with an email that says no money recovered. We will not respond to phone calls requesting information on cases. We have thousands of cases that are in constant flux and we are unable to fulfill those types of requests.

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Why Choose JCS Associates

Fax
877-527-2772

Mail
Please write to us at:
JCS ASSOCIATES
P.O. Box 4143
Modesto,CA. 95352

Email
WeEnforce@jcsassociates.com


JCS Associates, Judgement Recovery Specialists

info@jcs-associates.com

Media inquires
media@jcs-associates.com

To inquire about a case status@jcs-associates.com

For payment arrangements mypayment@jcs-associates.com

To dispute or clarify details of a judgment
FDCPA@jcs-associates.com



Due to the nature of our business we do not offer a staff directory, please be assured that your email will be forwarded to the right individual.

 

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DISCLAIMER:
JCS-ASSOCIATES is not a law firm and does not provide any legal advice. You will need to seek competent legal advice of your own if needed. JCS ASSOCIATES neither makes, nor implies, any guarantee as to the outcome of any judgment enforcement or collection case.