Nuts and Bolts of turning Collection into Judgment on Bad 2nd TD

[David Doyle]

I have a colleague I've known many years who has a number of defaulted California 2nd trust deeds 

Fact is they were cash out 2nd mortgages on investment properties,,they turned into bad deals ,borrowers went thru foreclosure but have not declared Bankruptcy.These are California properties .Some of the Notes are 9 years old
I have been pursuing Judgment Enforcement for the last 6 months with moderate success
In a word ,Id like to help my friend collect on these 2nds that went South
Its my understanding I can pursue them as a collection and if that fails ,hire an attorney and create a deficiency judgment ,
At that point I can request an Assignment of Judgment,represent myself in court and collect on the debt
Is that accurate? 

If anyone on the forum has done this or know the procedure I'd like to talk.
This is a "new breed of cat " for me so any help appreciated

Thanks

D Doyle

Los Angeles