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Updated about 10 years ago,

User Stats

352
Posts
543
Votes
Joe Kim
  • Rental Property Investor
  • SF Bay Area, CA
543
Votes |
352
Posts

eviction and collecting on a judgment.

Joe Kim
  • Rental Property Investor
  • SF Bay Area, CA
Posted

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?

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