On television, in literature and even in the movies, willing a lawsuit against another person is often seen as the pot of gold at the end of the rainbow. In reality and in courts all across the country, it is less likely that you will receive a cash settlement and more likely you will obtain a judgment lien on real estate owned by the other person.
The challenge comes in trying to collect the money. Companies like Mayflower Judgments can provide a simple solution to your problems by offering you a cash settlement on the lien. This isn’t a cash advance, and there are no collection agencies involved, rather the company simply takes over the lien while you get to keep the cash.
When you get a judgment lien on real estate, there are a few important factors to consider if you aren’t working with a company that will buy the lien. The first and most important is that a judgment rarely provides any guidance on what you can and cannot do to collect, and there is often a deadline to collect, or the judgment will lapse.
Have a Review Completed
Top companies work with judgment creditors in many ways. One helpful option is to have these companies complete a review. You will simply go into their office or contact them by phone and request a no-obligation review. Many companies buy liens in all areas of the USA including Marlboro, Manalapan and Englishtown, NJ.
The company will then provide an amount they will pay for the lien. This is a good benchmark for you to use and, keep in mind, there are no additional fees, including no lawyer fees, should you choose this option.
Look for companies that advertise slogans such as “our practice is your solution” and that offer no-obligation reviews. These are both signs of top companies with transparency and fairness to their customers front and center in their business.
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