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Frequently asked questions regarding judgment recovery in California

Frequently asked questions

This page answers the most frequently asked questions about judgment collections in California.

Is there a statute of limitations on collecting my judgment in California?

Yes. California Judgments must be collected within 10 years from the date Judgment was entered or the Judgment will expire. The time limit can be extended by renewing the Judgment, which can be done once at least 5 years have passed since the Judgment was entered.

Can I collect interest on my unpaid judgment?

Yes. Interest began accruing the day your judgment was issued. The rate is 10% percent per year, simple interest. Your judgment may be worth significantly more today than the day it was issued.

Why shouldn’t I use an attorney to collect my judgment?

You can, if you are willing to put down a retainer, and pay a fee of between $175 and $275 or more per hour. With my service, you pay only if I collect!

How about using a collection service?

A collection service may contact the deadbeat and irritate him to death! They may even place a black mark on his credit report. But, they rarely collect! I don’t even confront your debtor. I simply investigate, locate assets, and seize them! I don’t waste time. I just investigate the debtor, find his assets and then seize them to enforce the judgment.

Is there any guarantee you will collect on my judgment?

No. Sometimes there are simply no assets to seize. But, you can be sure I will do my best because I only get paid if I collect.

Must I pay for the expenses incurred in enforcing my judgment?

No. I advance the cost of all expenses incurred in collection. The expenses are then deducted from the judgment settlement before it is divided. Finally, I petition the court to have the amount of your judgment increased by the amount of the expenses, so your debtor is ultimately forced to pay them.

How long before I actually see results?

It all depends on the difficulty in locating your debtor and the difficulty in uncovering his assets. You can typically expect to see preliminary results within 30 days. Some debtors are pretty smart about hiding their assets, or they appear to live without any ‘normal’ means of support or assets. Though I normally try to get results in the first few weeks, this could take a few months in an extremely unusual case.

I have a judgment awarded in another state against a debtor who resides in the State of California. Can you help?

Yes. I can register your out of state judgment in California as long as the debtor either lives in California, or has assets in California.

How does all this work?

First, I complete an agreement specifying how collected funds are to be distributed and disbursed. Then, you assign your judgment to me, making me the judgment creditor of record. Once I have filed your assignment with the court, we can legally take the steps necessary to enforce collection.

I’m sold! What is my next step?

Just call me at 714-882-1266 and leave your name and phone number or by e-mail at DivParalgl at yahoo.com.  I will contact you by e-mail or telephone, and discuss your situation with you. If you decide to proceed, I will send the necessary documents for your signature. On receipt of the signed documents, I will immediately initiate collection.

This page answers the most frequently asked questions about judgments in California.

Is there a statute of limitations on collecting my judgment in California?

Yes. California Judgments must be collected within 10 years from the date Judgment was entered or the Judgment will expire. The time limit can be extended by renewing the Judgment, which can be done once at least 5 years have passed since the Judgment was entered.

Can I collect interest on my unpaid judgment?

Yes. Interest began accruing the day your judgment was issued. The rate is 10% percent per year, simple interest. Your judgment may be worth significantly more today than the day it was issued.

Why shouldn’t I use an attorney to collect my judgment?

You can, if you are willing to put down a retainer, and pay a fee of between $175 and $275 or more per hour. With my service, you pay only if I collect!

How about using a collection service?

A collection service may contact the deadbeat and irritate him to death! They may even place a black mark on his credit report. But, they rarely collect! I don’t even confront your debtor. I simply investigate, locate assets, and seize them! I don’t waste time. I just investigate the debtor, find his assets and then seize them to enforce the judgment.

Is there any guarantee you will collect on my judgment?

No. Sometimes there are simply no assets to seize. But, you can be sure I will do my best because I only get paid if I collect.

Must I pay for the expenses incurred in enforcing my judgment?

Absolutely not! I advance the cost of all expenses incurred in collection. The expenses are then deducted from the judgment settlement before it is divided. Finally, I petition the court to have the amount of your judgment increased by the amount of the expenses, so your debtor is ultimately forced to pay them.

How long before I actually see results?

It all depends on the difficulty in locating your debtor and the difficulty in uncovering his assets. You can typically expect to see preliminary results within 30 days. Some debtors are pretty smart about hiding their assets, or they appear to live without any ‘normal’ means of support or assets. Though I normally try to get results in the first few weeks, this could take a few months in an extremely unusual case.

I have a judgment awarded in another state against a debtor who resides in the State of California. Can you help?

Yes. I can register your out of state judgment in California as long as the debtor either lives in California, or has assets in California.

How does all this work?

First, I complete an agreement specifying how collected funds are to be distributed and disbursed. Then, you assign your judgment to me, making me the judgment creditor of record. Once I have filed your assignment with the court, we can legally take the steps necessary to enforce collection.

I’m sold! What is my next step?

Just call me at 714-882-1266 and leave your name and phone number or by e-mail at DivParalgl at yahoo.com.  I will contact you by e-mail or telephone, and discuss your situation with you. If you decide to proceed, I will send the necessary documents for your signature. On receipt of the signed documents, I will immediately initiate collection.

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