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After the judgment is docketed in Trenton, all future enforcement proceedings must be performed in the Trenton Law Division - even if your judgment was first rendered in the Special Civil or Small Claims courts.
The typical cycle of a judgment enforcement effort usually follows these steps: 1) The Original Judgment Creditor (OJC) wins a judgment in court. 2) The OJC expects the debtor to pay, but they don't. This leads to the need for a Debt Settlement Professional
Once one holds themselves out as an agency, many states require licensing in one form or another. Licensing may be expensive, and requires undergoing extensive background checks, purchasing a bond, insurance (which is not cheap or easy for a collection agency to obtain), and setting up a trust deposit account.
After you have a court-endorsed writ, the officer filing the affidavit issues a process of garnishment, with a copy for each garnishee, to be personally served on each garnishee (e.g., the employer or bank) and the debtor.
Sometimes no matter how professional and polite you are, the court clerks will not budge.
In most states, when a lawyer removes himself or herself from representation on a judgment, they use a (usually) court-provided Substitution Of Attorney form. This form is used even when there is no new attorney.
This name of this document varies from State to State, and is usually named either an "ACKNOWLEDGEMENT OF ASSIGNMENT OF JUDGMENT AND NOTICE OF ACKNOWLEDGMENT OF ASSIGNMENT OF JUDGMENT" or an "ACKNOWLEDGEMENT OF ASSIGNMENT OF JUDGMENT"
Another way scoundrels hide money is by converting it into traveler's checks, savings bonds, or stockbroker-like accounts. Other tricks are to pay down a mortgage, overpay the IRS, or pay down credit card balances.
Currently, the interest rate in Georgia is the Prime Rate plus three percent, compounded annually. Anyone who enforces a judgment needs to keep track of the interest accrued, credits (when the debtor pays), and debits (what you spent to enforce the judgment).
Most judgment enforcers are very willing to pay a small percentage of their potential profit for no obligation, no payment up-front, screened, verified, and customized location-matched leads.
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