eviction and collecting on a judgment.

[Joe Kim]

Hi BP,

I got this email from property manager:

" The attorney has an option where you can pay a $80 skip trace fee and then nothing additional until they are able to collect, at which point they take 33% of what they collect. This is obviously not ideal, however it limits additional costs to you and obviously give the attorney a true incentive to collect the debt. Let me know your thoughts on this as well please."

My tenant was evicted about 5 months ago in the state of Indiana.  I got a judgment award for losses of over $4000.   I have not collected a single penny yet.   I get this email from my property manager with very little details.(Is this a good way to collect?  what is the success rate?  Are there any other methods to collect?)

Any thoughts or experiences?

[Jerry W.]

My experience on collections is that my time is better spent elsewhere making money.  If you can get a collection agency that will do it for a percentage and actually do it great.  Many do not get anything.