subject: The Idiots' Guide To Judgment Recovery [print this page] (What I Learned When I Googled "Judgment Enforcement")
Ah Google, my old friend. For anyone wondering "What the blank is Judgment enforcement?," or how to go about it, all it takes is a few seconds to get some answers on the front page of Google results.
"Judgment Enforcement" sounds like a pretty heavy term. And aren't all Judgments enforced, by default? With a quick search of the search engines, it is alarming to find that this is not the case.
The surprising statistics show that, in many cases, the debtor needs to be reminded to pay the debt. Just a friendly nudge? Do people really, genuinely "forget" to pay what they owe, and what they have been ordered to pay? Or are they just trying to get out of it by further dishonesty?
One of the first links I found (dealing with Australian law) says that you need to wait six whole years before you can press debtors to pay! This is pretty crazy.
Back to basics though. A Judgment is an decision in a lawsuit, made by a judge, in a court of law. Once the case has been settled and a Judgment has been laid it should be decided which party owes what. Surely most people, once they have won their lawsuit, think this is the end of the battle. That's what it's like on TV. You win the case, the other party owes you a lump sum of money, and you smile and get on with your life.
In the real world, however, apparently that is not the case! Enforcing these Judgments and getting your money seems like in some cases that it is easier said than done.
Once you're out of the courtroom, it is then up to you to chase up the money you are owed. Essentially, you are the one who has to enforce the Judgment. It is shocking to read that most people simply ignore the Judgment and do not pay up. This is when Judgment enforcement is required.
Sure, most hate debt collectors and judgment enforcers, but when the shoe is on the other foot and you are owed a substantial sum, they are going to seem like they are sent from heaven. You can find a good judgment enforcer to enforce your civil Judgment for you.
Many websites offer Judgment enforcement and debt collection have the following statistic on their front page: Only 20% of creditors actually pay they money that they owe! Is this just inflated to build business for this site, or is this a true fact? Sure, it sucks to be in debt, but when you've been court ordered to pay, surely that is the time you take debt payments seriously.
Google gives an enlightening introduction to the scary world of Judgment enforcement. Does a court ruling really mean much? It wouldn't appear so, with all these warnings about the difficulty of getting your debts settled and receiving the money you have been rightly awarded.
