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P.O. Box 11957 |
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P.O. Box 11957 |
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About Us Judgment Collection Specialists, founded in 2001, is incorporated in the state of Texas, and is located in the metro-Houston area. While our base of operations is in Harris County, we have clients located throughout Texas, the United States, and internationally. Our broad client base includes attorneys, private investigators, financial institutions, corporations and individuals, all of whom rely on us to provide comprehensive asset investigation and collection of civil judgments. Our company founder is a former Director of Credit and Collections for North America for a prominent Fortune 100 company. His 25-plus years experience include responsibilities for thousands of customers, billions of dollars in accounts receivable, and a large staff in credit, collections and A/R systems. He and our collections staff are trained by the State Bar of Texas, and are networked with other collections professionals throughout the United States. Our company has made substantial investments in technology and systems in order to provide the best-in-class access to relevant debtor information. Judgment Collection Specialists, Inc., is a member in good standing with the both the National Judgment Network and the Better Business Bureau.
FAQ's What is an Asset Search, and how can it help me? A civil judgment creditor has the legal right to understand what assets his or her debtor owns that may be used to satisfy the judgment. Once the complete financial picture is understood, then the judgment creditor can pursue at least two avenues to satisfy the judgment: 1) The creditor and debtor can work towards a financial settlement, or 2) In the case of a delinquent or uncooperative debtor, these assets may be seized to satisfy the judgment. In either case, without the creditor having a solid understanding of the debtor's financial portfolio, there is little chance for negotiation, settlement, or seizure. Regarding Family Law and Probate proceedings, it is immensely helpful to understand the financial condition of the respondent or subject. Having a complete picture of a subject's financial condition can pave the way for a smoother and more equitable settlement for matters pertaining to wills, estates, divorces, guardianships and child support. Many litigants are aware of this, but don't know where to turn for accurate, reliable, comprehensive asset search information. Judgment Collection Specialists can help. All of our Asset Search offerings are conducted on a NATIONWIDE basis, and come with helpful analysis to help you interpret and use the data. Ready to get started? Please download the application that pertains to your proceeding: ** For an Asset Search for Civil
Judgments -
Click Here Regarding asset searches for Judgment Recovery - am I guaranteed to make a recovery when I purchase any of your Asset Search services or packages? There are simply some cases that will prove to be uncollectible. Therefore, there is no guarantee that the information we provide in our Asset Search services will automatically translate into a recovery on your judgment. The conditions that affect a judgment holder's ability to make a recovery include, but are not limited to:
I an an individual. I want to utilize your services, but my legal proceedings are not final. Am I able to purchase an asset search? Only the attorney or private investigator working on your case has the authority to request our services throughout all phases of the litigation process. If you prefer to work with us directly, your civil judgment proceedings will need to be finalized. In addition, we will require a photocopy of driver's license, and a photocopy of a legal document pertaining to your proceedings. These are: Judgment Recovery - Final Judgment
Decree or Abstract of Judgment In regards to all family law matters - divorce, child support and probate - the search request will need to come directly from your attorney. I am an individual. I'm not in litigation, and have no legal documents to provide. May I purchase an asset search? No. You must have concluded litigation or proceedings in civil, probate or family law court. In addition, you must be able substantiate your authority to investigate your subject through validating your own identity (photocopy of driver's license) and providing legal documentation. Any application that does not match all the criteria given above will be discarded. If you are currently in legal proceedings that have not yet concluded, your attorney or private investigator may work directly with us regarding your search needs. I am concerned about providing you a photocopy of driver's license. Can you insure my privacy? Absolutely! We never rent, sell, or share our clients' personal information. A photocopy of driver's license is required only to maintain "permissible purpose" for the search. To explain - for our company to conduct the search in a legal manner, the requestor must have concluded legal proceedings, and must be able to substantiate that they in fact are the litigant associated to with the search. All information is stored in a secure location and manner and is only used to process the search. Part of our Terms / Disclaimers section of our Asset Search Application includes language that insures the confidentiality of the client. If you still have concerns, your attorney or private investigator may request the search without having to provide a photocopy of your driver's license. Our you may call our offices for more information on how we insure your confidentiality. Click Here I am an officer of a corporation. I would like to pre-screen potential clients and/or debtors before filing a civil judgment. Can I utilize your asset search services for these purposes? Yes, with stipulations. Because only attorneys are authorized to request our services before judgment, the request will need to come from your in-house counsel, or other attorney or law firm on retainer. Please have the appropriate legal counselor contact us to initiate a search. What is considered a "Hit" on your property searches? Regarding property searches, if your debtor has ownership of property of any kind whatsoever, whether it is only a utility trailer, or a mansion on the beach, it is considered a "hit". What is considered a "Hit" on your bank account searches? Regarding our #6 Bank Account Search (also included in the #8 Ultimate Asset Search and #9 Complete Judgment Enforcement Packages), the account is considered a "hit" if it is a valid, open and current account, regardless of balance. What is the "No Hit Fee", and why is it necessary? In consideration of our clients, we will not charge the full price for a property search or bank account search if we do not locate any property whatsoever, or a bank account. However, our firm does incur administrative costs in conducting these searches, which amounts to $30 - $40 for property searches, and $75 for searches related to bank accounts and employment.
** Due to large backlog of cases, we are currently TO GO TO THE ASSET SEARCH PAGE - Click Here I am an individual, and I have a judgment. Will you take on my case? If your case was rendered in Small Claims or equivalent court, and/or has a principle rendered at verdict of less than $10,000, the answer is, respectfully, no. We believe that individuals who have Small Claims cases are best served by attempting the collection themselves. For helpful, free advice on collecting on smaller judgments, see our blog: http://www.assetsearch.blogspot.com. If your case was rendered in a County Civil, District, Superior, Federal or other court, and the original principle rendered at verdict is valued at $10,000 or more, and you believe your case is collectible, our answer is: We're interested! The first step in our mutually beneficial relationship is understanding your case and your judgment debtor. To do so, we need some information from you. We obtain this information from you by having you fill out a Judgment Case Questionnaire, and by providing a photocopy of your judgment decree or abstract of judgment. After we receive and review these documents, a member of our collections staff will contact you regarding case approval and the next steps in collecting your judgment. Ready to begin? Click Here to download our Judgment Case Questionnaire. I am a corporate officer who wishes to convert our company's judgments into cash. Can you help? We currently accept corporate judgment
portfolios (judgments en masse) which meet the following criteria: If
your company's portfolio of cases is valued under $100,000,
or your company only has a few cases that qualify, we will be happy to
accept cases on an individual basis where the principle rendered at
verdict is valued at $10,000 or more. If interested, please
contact our offices - Click
Here The only recognized legal entity
empowered to pursue a recovery is the judgment creditor.
For Judgment Collection Specialists to be legally empowered to begin a
recovery, an Agreement for Assignment must be filed with the
court-of-origin. The Agreement for Assignment establishes Judgment Collection Specialists
as the judgment creditor. After the Agreement for Assignment is
recognized by the court-of origin, Judgment Collection Specialists is
then given the legal right to enforce the
judgment. Does JCSI offer a guarantee that my judgment will be collected? As a standard procedure, our company will ask probing questions about your judgment case and your debtor(s) in an effort to determine the case's potential for recovery. There are some cases that, no matter who works the judgment, will not yield any monetary payoff. The conditions that affect a judgment's collectibility include, but are not limited to:
Your chances for recovery are greatly enhanced if:
Keep in mind that, we are only profitable when our clients are, and therefore, for those cases we accept, we exhaust every possibility to make a successful collection. What does NO COLLECTION, NO COST mean? There are no upfront costs to our
client. There are no application fees, no research fees, no out-of-pocket
expenses. There are no potentially inflated "costs"
tacked on to the end of your recovery. We operate on a contingency basis, and
absorb all the costs of recovery throughout the collections
process. This keeps us motivated to make a maximum recovery. Some cases may yield a recovery in 3 to 6 months. Many cases, if not most, take longer. Cases in debtor-friendly states are especially difficult, and may take many months, or even years, to yield a recovery. Then there are other cases cases that will simply qualify as "uncollectible". Be wary of a company promises a quick return on your judgment collection. A better strategy is patience. It takes time to insure that you receive a maximized recovery that is conducted in accordance with the law. If you have a substantial case with a high potential for recovery, then Judgment Collection Specialists will exhaust all the alternatives to make a successful recovery. How will I get paid? You will receive your proceeds directly from Judgment Collection Specialists. After Judgment Collection Specialists receives monies from a partial or full recovery on the judgment from the courts, the debtor, or an attorney, we send the creditor a check for their agreed-upon portion. We include a photocopy of the original check to insure our clients' satisfaction with the agreement. Our standard turnaround time in paying our clients is 15 days or less, depending on the type of funds we receive.
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