CAN AN OUT-OF-STATE
JUDGMENT BE ENFORCED?
Yes. Article 4 of the United States Constitution provides that a judgment awarded in a court of one state is entitled to full faith and credit in the courts of another state. Alternatively, we can attempt recovery or enforcement of an out-of-state judgment for $15,000 or less.

IS THERE A TIME LIMIT ON
ENFORCING A JUDGMENT?
A judgment in the State of New Jersey generally may be enforced or revived for a period of 20 years from the date of entry.

CAN I COLLECT INTEREST
ON MY UNPAID JUDGMENT?
Yes. It may vary from state to state. In the State of New Jersey, the annual rate of interest shall equal the average rate of return for the preceding fiscal year terminating June 30, of the State of New Jersey, as reported by the Division of Investment in the Department of the Treasury. The post-judgment annual rate of interest for calendar year 2008 (commencing January 1, 2008) will be 5.5%, for the State of New Jersey.

CAN YOU GURANTEE THAT YOU WILL BE
SUCCESSFUL IN SATISFYING MY JUDGMENT?
Each judgment enforcement case is unique. We try and formulate an enforcement strategy for each case assigned to our company that maximizes the potential for recovery. Simply put, if we are unable to enforce your judgment then we don't get paid. However there are cases where there are simply no assets to seize. In this case we will attempt to contact the debtor and negotiate a payment schedule, and continue to contact the debtor at different intervals to evaluate their financial status and ultimately satisfy the judgment. Even in this scenario, there are no costs to you.

WHAT METHODS DO YOU USE
TO ENFORCE JUDGMENTS?
Some of the options that we employ for judgment enforcement are, getting the debtor to cooperate voluntarily in satisfying the judgment or utilizing law compliant seizure methods and liquidation of available debtor assets.

HOW DO I GET PAID?
You will get paid directly from Civil Judgment Recovery. Once proceeds from a judgment recovery are received in our office, you will receive a check for your percentage as agreed in the purchase agreement.

WILL I INCUR ANY EXPENSES FOR
YOU ENFORCING MY JUDGMENT?
No. We purchase the judgment from you, on a “future pay basis”. In most cases, the expenses incurred in enforcing the judgment are added to the judgment and recovered from the debtor or they are deducted from the amount actually recovered.

HOW LONG WILL IT TAKE
TO SATISFY MY JUDGMENT?
No two cases are the same; there are a number of factors that come into play, but typically it could take two to three months once all pertinent documents have been signed by you and returned to our office. There are also difficult cases that could take upwards of a year to satisfy the judgment. You will be provided with a judgment debtor profile worksheet that will allow a recovery specialist the opportunity to evaluate your case and determine the recovery possibilities.

HOW WILL I KNOW WHAT
YOU'RE DOING WITH MY CASE?
A recovery specialist from our company will contact you of any action taken or progress concerning your case. However as a client of ours, we would be happy to send you an update at any time upon request.

WHAT INFORMATION DO YOU NEED
TO START ENFORCING MY JUDGMENT?
We will send you an assignment packet that contains a debtor profile worksheet that will give us the information we need to initiate the investigation process. Also included in the assignment packet are a purchase agreement, and an acknowledgement of assignment of judgment form. This form is filed by us with the court of origination and will give us the legal right to enforce the judgment.