There are some regulatory changes coming July 1st, 2017 that may boost the credit scores of 12 million Americans. Good news, right? Well maybe not for judgment creditors. The three major credit reporting agencies, Experian, TransUnion and Equifax will no longer
So you won your lawsuit. Now what?
Once you’ve been awarded a monetary judgment, it becomes very clear the court is not a judgment enforcement agency. You’ve won, but when will you actually get paid? The debtor will most likely not write you a check on
Florida Judgment Interest
If you are awarded a judgment in Florida, chances are, you are entitled to interest which accrues from the time the judgment is entered until it is paid (post judgment interest). In some cases, you are also entitled to interest
Did you know…
The Judgment Fund Fun fact! Did you know the United States of America has a fund set up just for paying money judgments? Prior to its creation, every time a final judgment was entered against a government agency that could
Enforcing an out-of-state (foreign) judgment in Florida
A ‘foreign’ judgment, according to Florida Statute 55.502(1), is a judgment, decree, or order of a court of any other state, territory or commonwealth of the United States. If a judgment was entered in another state, but the debtor lives
What if the judgment debtor is active military?
If your judgment debtor is in the military, you may be thinking you’ve hit a wall with judgment enforcement efforts. That is not necessarily true. There are laws protecting the civil interests of those with active duty military status; and
File a judgment lien certificate – don’t wait!
USEFUL TIPS – FLORIDA JUDGMENTS Once you’ve been awarded a judgment, the first thing you should do is file a Judgment Lien Certificate with the Florida Department of State. This is not a mandatory step in the judgment recovery process,
Ten Useful Things to Know about Your Debtor
Whether you’re about to head to court or whether you’re about to hand over your case to a judgment recovery specialist, there are useful bits of information to have on hand about the defendant and your history with them. The
The Life of a Florida Judgment
There seems to be no shortage of loopholes in the system for debtors. Attention creditors of Florida judgments! What if I told you there were possible loopholes to benefit YOU? The statute of limitations for Florida judgments is 20 years…or
Persistence – The Key to Success in Judgment Recovery
The judgment recovery process is just that – a process. Winning your case and walking away with the judgment you were awarded can be gratifying, but it’s usually only half the battle. Although valid judgments are enforceable, they are essentially