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All Press Releases for January 16, 2002 Subscribe to this News Feed    
 

Turn that worthless piece of paper into cash!

Have you won a judgment in court but can't collect it? Every year millions of judgments go uncollected because people don't know how to get their money. Especially businesses.They just go home from court with a worthless piece of paper.

"People don't realize that it's up to them to collect their money after they've won a judgment. They're shocked and they feel lost." says Jim Martin, author of " Small claims court - How to collect the money you won" and a veteran judgment collector.

"As a judgment holder you have more power than a collection agency. You can seize bank accounts, place liens against property and garnish wages to get your money. It's not complicated. They just need to be shown how. The court clerks are not allowed to help them. Most attorneys don't practice in this area. They're on their own." says author Martin.

"Judgments are good for ten years in most states, and then you can renew them for another ten years. Meanwhile interest is adding up on them between 8-14% depending on the state you're in. You can double or even triple your money over time," says Martin.

Martin explains the value of making the effort to collect: "People's financial situations change over time. They may have had nothing a few years ago but now have the means to pay it. You should check on them once or twice a year. If you're persistent, you will get your money. I know a person who has a judgment against them and they now have a good job they wouldn't want to leave. They also have assets now. The judgment holder could now collect it with interest but they gave up."

The information in his book applies to any state. "This is the Bible of judgment collecting," says Jack Baird, real estate investor. "It belongs in the office of every business or in the hands of anyone with a judgment to collect."

You can read about the book or order a copy at www.small-claims-court.net or call 251-990-9931.

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Jim Martin
Judgment Enforcement Center
251-990-9931
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