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How Do I
Earn Money?
When the judgment is satisfied, you retain 30 to
70 percent
(50% is average) of the monies recovered. The percentage
varies
depending on the age and size of the
judgment.
How
Much Money Will I
Earn?
Federal guidelines prohibit us from making monthly
or yearly
income claims. However, we can tell you that you will
work on Judgments
valued at several thousand dollars and that you can
retain 30 - 70
percent of all the money you recover. This can represent
a lot of money.
How Do
I Become The
Owner Of A Judgment?
The original judgment holder will execute an
assignment
transferring ownership of the judgment and conveying his
rights to you.
Can I
Work part Time?
Absolutely. Our Database is available 7 days a
week, 22 hours a
day, 365 days a year. If you can find a few hours per
month to visit the
courthouse, this business can certainly be done
part-time.
What
Type Of Work Will
I Be Doing?
Primarily investigative work using the telephone,
database and
other sources of information to locate people (skip
trace) and assets.
It can best be described as putting pieces of a puzzle
together You will
do approximately. 90 percent research and 10 percent
paperwork. If you
have an analytical mind you will likely enjoy this work.
Our students
typically comment that the work is enjoyable and
rewarding.
Am I
Limited to a
Particular Area?
No, you are free to market your services anywhere
nationwide.
Do I
Need Experience
Working With Judgments?
No, we more than adequately train you in all areas
of recovering
judgments.
Am I
Required to
Communicate with The Debtor?
No. We neither call the debtor nor send any form
of written
communication Instead, we perform
research to locate
the assets and then execute on them through the legal
system.
Is This
Collections?
Absolutely not! Collections is the process leading
up to a
lawsuit and subsequent to Judgment. Collectors use the
threat of a
lawsuit but have no right to
"take" the
money. Once a Judgment has been awarded, the collections
process stops
and the Judgment holder has a legal right to the assets
that are not
exempted.
Will I
Be Taking Money
From People Who Can't Afford It?
No! We only target those who are back on their
feet and doing
well financially yet never went back and paid what they
legally and
morally should.
How Do
I Use The
Database?
You will have access to 3 billion records
nationwide. The type of
public records available varies from state to state, but
the most useful
information to perform this business is available
nationwide. You can
even pull credit header reports which are the primary
tool we use.
Is
There a Charge to
Use The Database?
There is a monthly subscription fee currently $25
per month. You
will also be charged for each report you pull. The
reports typically
used for this business range in price from $7 - $25 (95%
of the reports
we use are under $10). However, we teach you how to do
preliminary
research to avoid pulling unnecessary reports.
What
Type Of Computer
Will I Need?
Any IBM® compatible capable of running
Microsoft
Windows® preferably (Windows
95/98/2000/NT/XP ®) will work
fine. You will also need a printer to print the reports
you pull from
the Database.
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