Collection Agency

How does Skip Tracing or an Asset Investigation Work? Skip Tracing or Asset investigation can be completed in a number of ways, all focusing on piecing together the puzzle of an individual or company’s financial puzzle. Asset investigations basically work by uncovering exactly what sorts of collectible assets someone has. Whether investigating a business or individual, an asset investigator will determine how likely you are to get money in a court case. An asset investigation can also tell you how secure someone’s assets are before you trust a company or individual with your business.

Alaska Judgment Recovery Information A judgment generally may be enforced for a period of 10 years from the date of entry in the State of Alaska. The judgment may become a lien upon the non-exempt real property of a judgment debtor if the judgment creditor record a certified copy of the judgment at the recorder’s office of a recording district. The lien continues during the time execution may issue on the judgment or decree but for not more than 10 years from date of entry of the judgment or decree. After expiration of the lien, the court, upon application by the interested party, may grant leave for issuance of execution upon the judgment or decree.

Motor Vehicle Levying and Problems With Levies: California law permits a judgment creditor to go after a debtor’s motor vehicles to satisfy a judgment. This includes a debtor’s car, truck, motorcycle, boat, plane or recreational vehicle. To the uninitiated, going after a debtor’s motor vehicle to satisfy a judgment seems like a good idea. In reality, a forced sale of a motor vehicle nets little or no cash for the judgment creditor. It usually makes sense to levy on a vehicle only if:

ACCEPTING LESS THAN THE JUDGMENT: SUPPOSE THE DEBTOR SAYS that the is wiling to pay you a portion of the judgment immediately if you will agree to drop your claim for the rest. Your fist response may be no way; after all, you have gone to the trouble of getting your judgment, and you want to be paid in full. http://goo.gl/N98mUP

HOW DEBT COLLECTION AGENCIES HELP BUSINESS TO SURVIVE IN THIS ECONOMY http://goo.gl/r9pNjP

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IF YOU HAVE A JUDGMENT ASK FOR YOUR MONEY FIRST. http://goo.gl/dRNVhA

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GETTING THE DEBTOR TO PAY VOLUNTARILY http://goo.gl/2mMXuD

Consumer Credit Defaults Continued to Decline in March. Bank card and auto loan rates were at record lows, and the national composite posted its lowest post-recession rate of 1.20 percent. http://collectionagencyweb.com/ http://goo.gl/S3h9Wh

Credit Card Delinquencies are Expected to Increase http://goo.gl/S3h9Wh

CFPB Fines Bank of America $727 Million for Illegal Credit Card Practices - See more at: http://collectionagencyweb.com/blog http://goo.gl/UNM1S4 http://goo.gl/yX8xVD