How does the process work?
First, we enter into a purchase contract specifying the terms of the assignment of the judgment. Then you legally assign your judgment to us through the court. We can then act on our own behalf and take the steps necessary to enforce the judgment in a pro se capacity.
Will I have to pay for the expenses incurred in enforcing the judgment?
"No, sometimes there are not any assets to seize. You can be certain JEIS will do its best to locate assets, if they exist. JEIS will continue to follow up to determine if the asset picture of the judgment debtor changes with time. Our goal is to collect on the judgment as quickly and as easily as possible, that is how we get paid.
How long before results are seen?
This varies greatly. It all depends on the difficulty in locating the debtor and the difficulty in uncovering their assets. In some collections, results can be seen within 60 to 90 days. In other cases, it can take longer.
Is there any guarantee you will be able to collect a judgment?
No, sometimes there are simply no assets to seize. You can be sure we will do our best because we only get paid if we recover funds.
Why shouldn't I use an attorney to enforce a judgment?
Certainly that is an option. Please keep in mind few attorneys will handle this on a contingency basis, and if they do, you will still most likely pay some court fees. JEIS pays all costs involved. Also, you may get saddled with a large retainer or fees of 100- 300 dollars per hour, if an attorney takes your case. JEIS takes assignment of the judgment and gets all payment directly from the debtor.
Why shouldn't I use a collection agency?
Collection agencies deal with pre-judgment collections mainly and do not have the same duties and rights to collect. JEIS, as a legal assignee of record, has a wide range of resources and technologies available to aid in liening of property, seizure of assets etc.
JEIS does offer collection on accounts prejudgment and would be happy to discuss this part of our business with you. See Professional section.
What if I've already contracted with a collection agency?
Unless you have sold your case to a collection agency, you can request that your case be returned to you. Once you've had the judgment returned to you from the collection company, JEIS can take assignment and begin an asset investigation.
What are the fees involved?
Our fees are defined from the collection of the judgment once we have taken assignment of the judgment. The exact percentage is determined based on many factors, such as age, amount, difficulty, debtors profile, etc. Feel free to contact us to discuss your situation in greater detail.
How long will the judgment recovery process take?
That depends on a number of case-related factors. The process of recovery can be weeks, months, or a year or more. Ultimately JEIS's goal is to enforce the judgment ASAP!
How much is my judicial judgment worth?
Judicial judgments are generally worth the amount that the court of record originally awarded as a monetary settlement, plus statutory interest and any other court authorized expenses that may have been incurred to enforce and recover the judicial judgment. JEIS has provided the following Post Judgment interest calculator as a means of calculating the current face-value of a given judgment.
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NOTICE: JEIS are not attorneys and we do not offer legal opinions or advice. Do not interpret any of the information within this website as legal advice. If you feel that you are in need of legal services please seek the professional services of an attorney registered with your State Bar Association.
I am interested. What is the next step?
Email us at: email@example.com
Call us at: (330) 928-4887
Fax us at: 1-877-957-5347