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Updated about 1 year ago on . Most recent reply

User Stats

13
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7
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Vic Caldwell
  • Real Estate Investor
  • Victoria, TX
7
Votes |
13
Posts

Collecting court judgements

Vic Caldwell
  • Real Estate Investor
  • Victoria, TX
Posted

I was doing my end of year review and have noticed that I have collected a pretty large collection of eviction judgements over the past 4 years. (>$15K) At the time I just wrote off each one because I was just happy to get them off the books and chalked it up to a learning experience. However when I look at them all in total it is not an insignificant amount.  I wouldn't know the first thing about how to track them down much less how to collect.  Looking for advice. Are there collection companies that handle these types of thing? What do you do? Should I have pursued it immediately after the judgement was issued?  ANY advice/help will be greatly appreciated. - Vic

Most Popular Reply

User Stats

308
Posts
308
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Tim J.
  • Investor
  • Vermont and New York
308
Votes |
308
Posts
Tim J.
  • Investor
  • Vermont and New York
Replied
Find a collection agency.  I had a few judgements in the past and collected on a couple.  

Good luck!  Hope you get some.

I got to the point where I was happy to just assign/give away the judgements so someone else would take it over and track them down and make them pay.

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