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Judgment Enforcement – The Step-by-Step Course



                           Me:   Here how it works. You assign the judgment to me. Then you and I have a separate
                           agreement that showing that I am purchasing the judgment from you for 50% percent of
                           its value, with payments to be deferred until collection begins.

                           Mrs. G.  Well, I haven’t gotten anything so far, so I guess I could try it. But what if you
                           can’t collect?

                           Me:   If I can’t collect, I would be happy to return the judgment back to you. If I can’t
                           enforce it, I don’t want it on my desk.

                           Mrs. G:  Okay. Can you send me some stuff to look at?

                           Me:   I would be happy to. I’ll email you today.




                                                   Writing to the Creditor?

                                             Again, I strongly recommend calling. I know people who spend
                                        $100 on stamps and letters a month. Better to put the money into
                                        database costs.

                                        But, if you choose to send a letter offering your services, then:

                                        Okay, it’s obvious. Your letter must be professional-looking. Use
                    decent quality stationery and be certain your message is accurate and clear. Neatness
                    counts. No misspellings or smudges. This letter is the only thing the creditor has to
                    evaluate you. Be sure to include your email and website. The creditor will very likely look
                    you up on the Web. Your Website must be top-notch. It must provide an excellent presence
                    for you and your business.

                       Put the name of your company at the top of the letter, as well as the address, phone
                    number and website. You’ll also want to include your business card, of course. Get good
                    quality business cards from a reputable printer. I get mine from Vistaprint.com. They are
                    pretty nice!

                        It’s important that your letter to the creditor pretty short, that it shows the creditor your
                    professionalism, and that it is quick and clear to the creditor that this is a no-risk
                    opportunity to get the judgment enforced. You should say that the terms of your agreement
                    are based on a percentage of the value of the judgment. There is a sample letter on the
                    Forum under “Peter’s Course Files” #18, in MSWord. Handy dandy. Check it out. And
                    notice that the letter is quite short and easy to read quickly. It is also easy on the eyes, with

                    extra spacing between paragraphs. It is meant to invite the creditor to read it.




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