View Single Post
Old 09-01-2018, 03:30 PM   #5
OMG!WTF!
Franchise Player
 
Join Date: Oct 2014
Exp:
Default

Quote:
Originally Posted by bizaro86 View Post
How have you done collecting the judgements?

I'm pretty bad at it. But once in a while I get a check from the court system when one of them gets sued by someone else or declares bankruptcy. Sometimes I don't really know why the court sends me their money but I'll take it.



I always do a property search and register on anything they own. Once in a while I get a check from the sale of an old junker or a sweet camper. If they have valuable stuff you can seize it. I snagged an Escalade once and a D9 Cat. The Giovanni rims on the Escalade were worth more than the rest of the truck. Bailiffs will do that sort of thing for you.



You can garnishee wages but that can be more hassle than it is ultimately worth. Employers are really bad at following the rules on that. There doesn't seem to be much mandating employers follow those rules.



It's kind of ghoulish but I know a couple of them are waiting to inherit houses so I'm kinda just waiting for the reaper.



I think it's still worth doing because I'm registered as a business on their credit reports and I get a surprising number of calls from credit granting institutions asking about the nature of the debt. There's a bit of satisfaction knowing that I can appropriately warn people to stay away.
OMG!WTF! is offline   Reply With Quote
The Following 2 Users Say Thank You to OMG!WTF! For This Useful Post: