Frequently Asked Questions
How does this work?
An agreement detailing the specifics of the purchase of your judgment. If acceptable, you will then assign the judgment to us making us the assignee of record. Once we have filed the assignment documents with the court, we will have the legal right to investigate the judgment debtor and proceed with the process of enforcement.
*When assigning a judgment no Client Relationship exists nor is inferred.
Do you guarantee success?
No. There may be no assets to seize. But, be sure that we will do our best, because if we are unable to enforce the judgment – we don’t get paid! This gives us a serious incentive to succeed.
How long before I see results?
Depending on the difficulty in locating the judgment debtor and in uncovering his asset, it could take months. Some debtors are pretty adept at hiding their assets. They appear to live without any ‘normal’ means of support. We will try our best to get results in the first few weeks, but it could take months or longer in a difficult case.
What is the statute of limitations on executing a judgment?
in New Jersey, the Statute of Limitations is 20 Years and we may request an additional 20 years if and when the time is to run out.
Should I use an attorney to enforce my judgment?
Most if not all attorneys, will get you the judgment but do not know how or will not waste time of the enforcement process. Why should they? The can move on to the next suit and get paid again. That is where we come in.
However, If you have legal questions you should defiantly speak with an attorney.
What about the expenses incurred in enforcing the judgment?
We offer two options;
1. We keep 50% of the money recovered.
We purchase the judgment from you, usually on a future pay basis. We do not have the legal right to investigate the judgment debtor until we file an “Assignment of Judgment” with the court. After our investigation can we actually determine the value of the judgment. In most cases, the expenses incurred in enforcing the judgment are deducted from the amount actually recovered.
Fee: You have no upfront expense.
2. We Keep 30% to 40% of the money recovered. (depending on the judgment amount)
You enter into a joint agreement where you and All Towne are both owners of the judgment. We do all of the same as in Option 1, however we employ an attorney to assist in the matter as we can not represent you without an attorney.
Fee: You pay between $500 and $1000 to the attorney and there are no additional fees deducted from the Judgment amount recovered.