Tag Archives: judgment recovery

Landlords – How Do You Collect That Eviction Judgment?

So you had to Evict a Tenant. Completed court proceedings and the judge in your Landlord/Tenant case has decided in your favor, and now you’ve won your money judgment. But the court doesn’t actually make your tenant pay. The court … Continue reading

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Bank to pay homeowners up to $30,000 to sell

Bank of America is offering homeowners up to $30,000 to sell their homes in a short sale. The nationwide program, announced this week, is the expansion of a pilot program that started in Florida last year. That program offered homeowners … Continue reading

Posted in Banking, Banks, Collections, Judgment Collection, Judgment Debt, Judgment Enfocement, Judgment Recovery, Mortgage | Tagged , , , , | Leave a comment

8 things debt collectors won’t say

The calls may be scary, but you do have rights you should know about. Here are some things to know before you decide how to respond. It should come as no surprise that if you fall behind on your bills, … Continue reading

Posted in Collections, Credit Card Debt, Debt Collection, Debt Collector Scams, Debts Owed, Judgment Collection, Judgment Debt, Judgment Enfocement, Judgment Recovery | Tagged , , , , , , , , , | Leave a comment

$7.5 billion in Court-Ordered Debt to be Collected

The state of California has about $7.5 billion in court-ordered fines and fees sitting around just waiting to be collected, according to an article from investigative journalism group California Watch. The debt is owed to California for various fees, fines, … Continue reading

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NCO Settles Debt Collection Action with 19 States

Ohio Attorney General Mike DeWine announced today that his office lead a settlement between NCO Financial Systems and 19 states which will see NCO pay up to $1.5 million in restitution to the AG offices and consumers in the states. … Continue reading

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Judgments on Credit Reports

Satisfaction/Release of Judgment – leave it to court computer or send letters to the CRA’s? I recently obtained satisfaction/releases for two separate judgments. Both judgments (and release orders) were entered in the same county court. Should I send copies of … Continue reading

Posted in Banking, Collections, Court Debt, Credit Card Debt, Debts Owed, Finance, FInancial News, Judgment Debt, Judgment Enfocement, Judgment Recovery | Tagged , , , , , , , | Leave a comment

“Debtors Prison” Bill in Senate Committee Hearing Next Week

An Illinois state bill that would directly address the practice of “body attachment” for debt-related judgments will be the focus of an Illinois Senate committee hearing next week having already unanimously passed that state’s House of Representatives. The bill, HB 5434, … Continue reading

Posted in Banking, Banks, Collections, Court Debt, court judgment, Courts, Credit Card Debt, Debt Collection, Debts Owed, Finance, FInancial News, Garnishments, Judgment Debt, Judgment Enfocement, Judgment Recovery, Law, Legal News | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Wells Fargo faces new fines for mortgage ripoffs

Wells Fargo isn’t done paying for the mess it made in the mortgage market. The Department of Justice appears to be close to bringing charges against Wells Fargo for violations of fair lending laws by its mortgage division in the … Continue reading

Posted in Banking, Banks, Court Debt, court judgment, Courts, Debt Collection, Debts Owed, Finance, Government, Judgment Debt, Judgment Enfocement, Judgment Recovery, Legal News, Mortgage | Tagged , , , , , , , , , , , | Leave a comment

Judgment Collection Roadblocks

Judgments are not guaranteed, they are only chances for getting some cash in the future. When the economy was great, a judgment was sometimes a way to get money. Now, they are just a chance of getting some money. In … Continue reading

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Can a Creditor Take Your Inheritance?

In this day and age of foreclosures, high unemployment, divorces and large credit card debt, an inheritance can certainly help to ease the financial obstacles that many people are facing. But what will happen to your inheritance if you are … Continue reading

Posted in Collections, Court Debt, court judgment, Courts, Debts Owed, Finance, Garnishments, Judgment Debt, Judgment Enfocement, Judgment Recovery, Law | Tagged , , , , , , , , , , | Leave a comment