Friday, September 9, 2022
HomeBudgetGoing After Uncollected Judgment Cash! (Aspect Hustle Concept #85)

Going After Uncollected Judgment Cash! (Aspect Hustle Concept #85)

Good morning!

Discovered an intriguing observe in my inbox this week and thought you’d take pleasure in it 😉

Persons are getting increasingly more inventive with how they earn $$$ on the aspect!! File this one subsequent to suing robocallers for money and uncovering hidden cash as a forensic accountant


Hello J Cash,

I got here throughout your weblog put up not too long ago, and noticed you describing the way you received a lawsuit towards your former employer, solely to have them conveniently disappear. (Readers from 2011 will bear in mind this! The place I received laid off however by no means obtained my final paycheck!)

Sadly that is all too widespread – in actual fact, solely about 20% of cash judgments within the US ever get even partially collected on. Speak about ridiculous! I’m questioning in the event you would possibly prefer to discover the potential of really amassing on that judgment?

Relying in your jurisdiction, it might be that the judgment continues to be enforceable. Many states stipulate that judgments expire after 10 years, however that’s not at all times true. In case your judgment continues to be lively (and even in the event you assume it could be) I’d love to rearrange a time for us to attach in the event you’re open to it.

So far as who I’m/why I’m – I’m a personal investor trying so as to add a number of uncollected judgments corresponding to yours to my portfolio.

To be clear, I’m NOT an legal professional, however I do have fairly a bit of information on this space. Whereas I can not present authorized counsel, what I can do is buy and take project of judgments from those that have received them, after which proceed to pursue the debtor myself. So please let me know in the event you’d like to debate this additional, and I’ll be glad to present you extra particulars at that time.

Type Regards,

Mr. Investor


Fascinating proper?! This man is prepared to do the soiled give you the results you want so you’ll be able to get well your lengthy misplaced cash!! Which is extremely useful as most individuals (like me) don’t know jack on the way you’d go about chasing it down, or whether or not it’s even well worth the time spent to spend on it or not…

In fact, you’d need to belief a man sufficient to let him assume “possession” of your judgment and act in your behalf, but when you will get previous that it seems like a helluva deal. Particularly in the event you’re at present getting $0.00 of what you’re owed!

I instructed him thanks however no thanks in my explicit case since I actually don’t really feel like opening up that may of worms once more and plus the corporate has lengthy been dissolved by now, nevertheless it did hit my curious spot so I wrote again:


Hey dude! Bringing me again a couple of years right here! Haha…

It’s most likely not price it to be sincere as if I recollect it was only some thousand {dollars} which is much less vital to me as we speak than it was again then, and sadly I don’t actually communicate w/ the remainder of the gang the place we might all do a gaggle factor or one thing to make it extra worthwhile…

However I do admire the attain out and love the hustle! Do you do that stuff on the aspect or is it your major gig?

Reminds me of the newest installment of our Aspect Hustle Sequence: “I’ve Made $40,000 going after unlawful robocallers.” (Aspect Hustle #84)


His response:

Completely perceive, and thanks for getting again to me!

Simply so you already know, there’d be no out-of-pocket price to you and little or no effort required in your half in the event you needed to pursue this additional – mainly what I’d do is take possession* (formally referred to as an “project”) of the judgment from the unique creditor (you), which then allows me to pursue the debtor myself (I can’t symbolize you since I’m not a debt collector or legal professional, so I’ve to primarily step into your home to be able to do what I do).

Then, I’d cut up no matter I’m in a position to accumulate with you after accounting for any bills I incur within the course of.

All I’d ask is that you just’re in a position to reply occasional inquiries to fill in any informational gaps I encounter. I’d do all of the legwork of enforcement corresponding to post-judgment discovery subpoenas, levying financial institution accounts, asset seizure, putting of actual property liens, and so forth. There are even strategies of pursuing debtors who’ve offshored their belongings, although that seemingly wouldn’t apply in your case.

That is only a aspect gig for me in the intervening time, my major experience is in IT. I type of fell into studying about judgment enforcement after suing a gymnasium I used to belong to as a self-represented litigant after they refused to cancel my membership and cease billing me after they shut down for Covid. I had adopted their directions precisely, they usually nonetheless refused to cease harassing me, even going so far as sending me to collections.

As a matter of reality, it’s humorous you talked about robocall lawsuits, as a result of the TCPA was really one of many statutes I used to go after them since they have been utilizing an auto dialer to pester me about paying for the membership I had canceled months beforehand.

Ultimately, I wound up withdrawing the lawsuit after they agreed to cease pursuing me and never muck up my credit score rating which was all I actually needed to start with. So despite the fact that I didn’t find yourself successful a closing judgment, I did a LOT of analysis and studying because the case progressed, which, amongst different issues, led me to turn into fairly darn educated about tips on how to implement judgments.

As you and so many others have discovered, it’s tremendous widespread to have a debtor refuse to pay even after the decide bangs the gavel so to talk. I hadn’t completed a lot with the data I gained for a 12 months and a half or so, however earlier this 12 months shortly earlier than my son was born, I made a decision to see if I might put my data to make use of serving to folks such as you who went by all the difficulty of seeing their circumstances by to the tip, solely to be denied being paid a single cent of what they’re rightfully owed.

I do attempt to be considerably focused with the judgments I buy although – often I’m searching for debtors which might be companies, and there are some states with stricter rules that I avoid as nicely.

Mr Investor

*The project of judgment to the enforcer is customary observe normally. If nothing else, simply do not forget that I because the enforcer have each incentive to gather as a lot as they will from the debtor – in the event you don’t receives a commission, I don’t receives a commission! The one methods to have another person accumulate in your judgment and keep away from project are to both rent an legal professional or work with a collections company, and it’s uncommon that both of those choices work within the creditor’s favor – attorneys after all would require substantial upfront and ongoing charges, and collections companies will virtually at all times simply name folks incessantly. Most attorneys obtain virtually no coaching in legislation faculty surrounding the enforcement of judgments, they’re educated to litigate and convey a good decision for his or her consumer however something after that time is sort of at all times as much as the consumer to determine for themselves.


Gotta love the hustle!

Sucks he needed to undergo all that nonsense, however now he’s armed and harmful with all that data – be careful future debtors!! Lol…

Or possibly even be careful previous debtors of yours?? I requested him if it was cool to share our communication right here and if he was open to listening to different circumstances that readers could also be concerned with, and he wrote again saying, “HELL NO – Are you an fool! Don’t ever share this publicly, you turd!!!” J/Ok, haha…

He mentioned positive – he’d be completely satisfied to assist 😉

He must be choosy on which circumstances he takes on as he alluded to, however in the event you’ve received one you assume might use some energy behind to get well cash legally owed to you, drop me a observe and I’ll ahead it alongside to him.

He additionally handed me this in the event you’re fascinated by digging deeper your self:

“If anybody is contemplating going after a debtor on their very own, or simply needs to go a bit additional down the rabbit gap and be taught a bit extra about a number of the specifics concerned in doing this, I extremely suggest any content material by Joe Dickerson of Monetary Forensics LLC.

Right here is one in every of my favourite movies that includes him: Debt Assortment: How To Find Financial institution Accounts & Different Belongings To Implement Judgments. There are a couple of different movies of him I’ve discovered on YouTube, and he additionally did a restricted podcast sequence some time again referred to as “The Judgment Enforcement Hour” which was unbelievable.  I discovered it on Apple Podcasts however I’m positive it’s accessible on different platforms too.”


Hope this helps!!

In getting again a few of your individual cash, or happening a brand new aspect gig path… It’s clearly not for everybody, however sounds fairly profitable for all these bulldogs on the market!

Any questions in any respect, simply go away them within the feedback and our Investor Pal right here will likely be completely satisfied to reply them…

To take a look at our record of 80+ different methods to make cash on the aspect, try our Aspect Hustle Sequence. All the time some technique to earn extra relying in your time, expertise, character! You may even make stuff up out of skinny air like this man! 🙂

Yours in The Hustle,

j. money signature

(Visited 498 occasions, 1 visits as we speak)

Get weblog posts robotically emailed to you!



Please enter your comment!
Please enter your name here

Most Popular

Recent Comments