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Judgment Enforcement – The Step-by-Step Course

+Boats, Planes, etc. Lots of people have boats, and I’ve had debtors with planes.
Your databases will show you what and possibly even where they are. A good sign.

+Fraudulent Transfers: I absolutely love it when someone has transferred real
property to a spouse, or a mom in Tennessee, maybe to Aunt Sara in Ireland, or to an LLC
or other business. It means they are scared and hiding. It means they know they have a
good asset, and they are trying to protect it. And I can locate the transfer on my databases,

and I know how to get the property. A bit too much to say to put it here
in the Course, but I cover that on the Forum, in detail – how to ID a
fraudulent transfer and what to do to fix it.

Also, with the transfer, they lose any leverage with the
bankruptcy court or civil court. There are ways to undo the transfers, either voluntarily by
the JD or involuntarily by me. Neat stuff.

+A right size judgment: Remember, a right size judgment is one that is within the
JD’s power of paying, and he won’t file bankruptcy. It could $5K or $500K, depending
on the assets. It always depends on the assets. Accomplished JE’s can make a lot of good
money on the right $5K-$15K judgments.

+Easily identifiable workplace: Often the JC knows where the JD works, but doesn’t
want the paperwork hassle. Yes, it’s fairly common. Sometimes the JD is a former renter
who left the place a mess, and the JC has the credit report he pulled on the JD. That’s good
too. Call the place you think is where he works. Ask for the JD. Tell the person who

answers that you’re returning his call. (In a way you are.) See if he’s still there. If so, take
the judgment and do a wage garnishment.

+A recent bankruptcy: Believe it or not, a fairly recent bankruptcy may be a good
sign for three reasons. 1) If the debtor’s debts have been discharged, then he or she likely
owes no one. 2) there is a lot of information in his bankruptcy petition about the assets
he’s protected in bankruptcy. It may also have his bank name and address, auto
information and more. A JE’s goldmine. And 3) he can’t file bankruptcy again for 6 years
after the last attempt. That makes it difficult for him to stall you or otherwise evade you.

Note: Be sure that the judgment and the reason for the judgment (breach of contract,
auto accident, etc.) came AFTER the JD filed his bankruptcy petition. If it happened before
the bankruptcy, then it’s probably automatically discharged in most courts, regardless of

whether it was listed in his petition.
+ Stable residency: A JD who is not skipping around in his residence, is more stable
than one who is. Job? Probably. Family? Likely. Another consideration.

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