Help needed - collections firms / collectors wanted.

[godtfred]

I managed to get a judgment on a scammer in the Minneapolis area, he now owns me $45000. It took 2 years and a lot of fees to the lawyers to get a judgment. Now what? does anybody know a good company or person who would like to go after the money, if done right I believe some if not all of the money could be collected.

[bjuice]

hello. Judgements can work in a number of ways.
1st off you need to have the judgement recorded in the local county (RMC) register of deeds where the person lives. If you do not have it recorded there will be no record of it. a Judge only issues the judgement they do nbot enforce it, its your responsibility to have it recorded ( here locally its only 10.00 to record)..

Now here are a few ways a judgement can play out once you have it properly recorded.

1- depending on the county,there is a process called execution of judgement its carried out by the Sheriff's Department as a civil matter, the Sheriff's department researches the person for titled collateral,if its found a levy can be placed anaginst the property and auctioned off and of course your debt is staisfied by the proceeds..( we have this option here in S.C.)

2nd and MOST COMMON..is that when you have the judgement properly recorded it will ATTACH itself to any REAL PROPERTY ( realestate) the person may own..this means buying also.....the judgement will lay dormant until the person sells his property or refinances his mortgage etc...the judgement will then have to be paid in full and satisfied. and released by you then the property can be sold, refinanced etc...


caution:...If you do not have the Judgement recorded and it made part of the PUBLIC record it will be useless...

hope this helps you.

[Tod74]

Good Luck...you can't get blood from a turnip.

[godtfred]

hello. Judgements can work in a number of ways.
1st off you need to have the judgement recorded in the local county (RMC) register of deeds where the person lives. If you do not have it recorded there will be no record of it. a Judge only issues the judgement they do nbot enforce it, its your responsibility to have it recorded ( here locally its only 10.00 to record)..

Now here are a few ways a judgement can play out once you have it properly recorded.

1- depending on the county,there is a process called execution of judgement its carried out by the Sheriff's Department as a civil matter, the Sheriff's department researches the person for titled collateral,if its found a levy can be placed anaginst the property and auctioned off and of course your debt is staisfied by the proceeds..( we have this option here in S.C.)

2nd and MOST COMMON..is that when you have the judgement properly recorded it will ATTACH itself to any REAL PROPERTY ( realestate) the person may own..this means buying also.....the judgement will lay dormant until the person sells his property or refinances his mortgage etc...the judgement will then have to be paid in full and satisfied. and released by you then the property can be sold, refinanced etc...


caution:...If you do not have the Judgement recorded and it made part of the PUBLIC record it will be useless...

hope this helps you.

Thank you, still if anybody knows someone who would be willing to help out it would be great, I live in Europe so it could be easier.

Thank you for your support

[bjuice]

owwwwwww uuuuuchhhhhhhh !!!!!!!!!!!!... good Luck My man.

Brian

[sommersracing]

Is this a business or private person? I am from the minneapolis area (Now in Florida) but still have a lot of contacts. Matt

[shawnp]

hello. Judgements can work in a number of ways.
1st off you need to have the judgement recorded in the local county (RMC) register of deeds where the person lives. If you do not have it recorded there will be no record of it. a Judge only issues the judgement they do nbot enforce it, its your responsibility to have it recorded ( here locally its only 10.00 to record)..

Now here are a few ways a judgement can play out once you have it properly recorded.

1- depending on the county,there is a process called execution of judgement its carried out by the Sheriff's Department as a civil matter, the Sheriff's department researches the person for titled collateral,if its found a levy can be placed anaginst the property and auctioned off and of course your debt is staisfied by the proceeds..( we have this option here in S.C.)

2nd and MOST COMMON..is that when you have the judgement properly recorded it will ATTACH itself to any REAL PROPERTY ( realestate) the person may own..this means buying also.....the judgement will lay dormant until the person sells his property or refinances his mortgage etc...the judgement will then have to be paid in full and satisfied. and released by you then the property can be sold, refinanced etc...


caution:...If you do not have the Judgement recorded and it made part of the PUBLIC record it will be useless...

hope this helps you.

I spent 10 years handling this crap for a large bank here in Northeast Ohio. Each state has different regulations on how judgments can be filed and acted upon. All the info bjuice gave out is very good but is also state dependent. The best thing for you to do is to google collection agencies. Find a reputable agency. They will charge you a percentage of what they can collect. You might find that you can hit bank accounts or get a garnishment in place now that you have a judgment.

The other great thing about the judgment being in place is it will now start to report to the bastard's credit bureaus. His score is going to drop significantly and lenders are going to start to question him. If the judgment can land you a lien on the property and you are in a 2nd lien position, most lenders will force this paid off as they will not take anything less then a 2nd lien when doing a home equity/2nd mortgage product.

[godtfred]

Is this a business or private person? I am from the minneapolis area (Now in Florida) but still have a lot of contacts. Matt

He made it look like a bigger company, but really it was himself "doing business as"/d.b.a. so he's a private person. Just wondering how many more he scammed, he was located 1 hour north of Minneapolis.

[sommersracing]

What is his Name? If you want P.M his info. Matt

[godtfred]

What is his Name? If you want P.M his info. Matt

pm with info sent

[ashbros]

You have been given some really good info in regards to liens. In the state of illinois once a lien has been filed and you have been granted a judgement by the court system, the next step if to request/force forclosure thru the court system on said property lien and judgement has been placed on. Usually can push thru court system in less than 90 days and property will be sold at public auction. within 30 days of date granted.

[NITROINSANE]

email me [email protected] I will provide you with a way to collect
Jim

[godtfred]

email me [email protected] I will provide you with a way to collect
Jim

Thank you Jim, email sent, hope to hear from you. :D

[omegaracer]

we had a guy scam us off of ebay for a set of heads (we're in Ohio, he was in Calif). I contacted the sheriff dept in his county and they did all the legwork. he was charged criminally and 2 years later they had retrieved all my money in full via a garnishment (he was ordered to pay restitution). were the police ever involved since he scammed you?

[godtfred]

we had a guy scam us off of ebay for a set of heads (we're in Ohio, he was in Calif). I contacted the sheriff dept in his county and they did all the legwork. he was charged criminally and 2 years later they had retrieved all my money in full via a garnishment (he was ordered to pay restitution). were the police ever involved since he scammed you?

Yes the first thing I did was to call the police in Kanabec county and sent them a fax with all the details, but nothing really happened, it did call back a couple of times, it can be real difficult when your in Europe, so I got a lawyer/law firm to pursue him quite successfully.