Judgment enforcement is not easy for most people. Especially when debtors move, are refusing, or are hiding from their financial responsibilities. One you are awarded a judgment, it becomes your responsibility to enforce it. The laws are complex and the process is time consuming so most people will use a debt recovery agency to enforce their judgments. Judgment enforcement in New York is a vital area of the Accounts Retrievable teams work. The advantage to you in relying on a judgment enforcement team is that it greatly maximizes your potential for recovering money.
How our judgment enforcement team will benefit you:
– We will safe you time, money and frustration. All you need to do is submit your claim and all the facts of your case and Accounts Retrievable will do the rest
– Accounts Retrievable will increase your chances of recovering your debt whether your debtor is located in New York, nationwide or internationally. We operate with professionalism and will quickly get your money to you
– Our services come at no out-of-pocket expense to you. We work on a contingency fee basis
Whether you are dealing with consumer collections, retail collection, debt recovery, judgment enforcement and judgment collections you may need to hire a third party agency. It is beneficial to utilize a debt collection agency when recovering your debts and judgments. Most people and businesses do not have the time or know-how to go about collecting judgments and collecting unpaid debts. It is important to utilize an experienced debt collection agency such as Accounts Retrievable so that you can collect your money from debtors.
Here are a few tips when choosing a debt recovery agency:
Proven Quality: When you choose a debt collections company, you want to be sure they have excellent experience and have proven results. The company’s services should be able to be tailored to your individual needs. Whether you have one claim or thousands, Accounts Retrievable System is able to collect your judgments and will not stop until all your claims are satisfied.
Global Agency: It is important to a debt collections agency that has access to internationally based debtors. It is also important when attempting to resolve international debt collection that you chose an agency with an experienced team of accountants that are well-versed in the international laws. Accounts Retrievable has extensive experience in debt collections that are located internationally. We also have qualified skip tracing capabilities so that your debtor cannot hide from us in another country. Whether you need to collect international consumer collections, international retail collections, or other international judgment collections, ARS has the experience and knowledge to recover debts.
Debt Recovery Litigation: At some point in the debt collection process, litigation is the only available course of action left. It is important to use Accounts Retrievable where we can facilitate fast and cost effective actions against your debtor. We satisfy nationwide debt collections so we have a strong understanding of local and state laws in regards to debt recovery. If you attempt to collect your judgments on your own, it is at this point in the process where you will incur legal and court fees. Choosing a debt collection agency such as Accounts Retrievable will help you curb these fees since we work on a contingency fee basis.
Here at Accounts Retrievable System, we specialize in New York judgment enforcement and collection. We also are leaders in nationwide judgment enforcement and international judgment collection. Being a New York company, we are proud to serve New York residents with enforcing judgments and collecting judgments, Here we are listing some helpful laws and information about New York judgment enforcement.
When you obtain a judgment in New York state, it is enforceable for twenty years. But really, who would want to wait that long? The quicker and more aggressive you are right after obtaining the judgment, the better the chances you have at getting your money from a debtor. When Accounts Retrievable receives your claim, our team of professionals immediately begin the collections process. Under New York sate collections law, we are allowed some involuntary methods for retrieving money from your debtor. Wages and bank accounts can be garnished and in some cases, property and assets can be seized.
There are some exceptions of personal property that can’t be touched when enforcing a money judgement in New York. If a person lives in a residence that does not exceed ten thousand dollars in value such as a mobile home, a dwelling on a lot of land, or stock in a co-op apartment, the debtor may be exempt from having those assets seized. If this is the case, Accounts Retrievable will be able to navigate through the specifics of your claim in order to collect you judgment. We find that most people intend to pay, but need assistance in prioritizing and planning payments. Our representatives can quickly and professionally solve these issues in order to help you claim your debts.
Does you business have to deal with all of your debt collection needs? If your New York business is attempting to collect your unpaid debts, you may consider outsourcing the task. Here are some questions to ask yourself:
– How many people do you employ?
– How many customers owe debt to you?
– How much time do you have to focus on the task?
– How much knowledge do you have about debt collection in New York?
When deciding whether or not to hire a debt collection agency, these are very important questions to answer. With the fragile economic state we are in, it’s a difficult decision to make. Outsourcing debt collection to a third party can bring many advantages. First, you may not be aware of the specific debt collection laws in New York State. Second, hiring a debt collection agency such as Accounts Retrievable you will be able to focus your time, money, and energy in the core aspect of your business.
Debt collection in New York is what we are experts at. Accounts Retrievable will take the strain off you and your employees and recover your debts. Sometimes the debt collections process can be rather aggressive if you want to recover your money. Hiring a debt collection agency will take your business name out of the dirty work. This will help you maintain good standing with your customers. At Accounts Retrievable, we are dedicated to respectful and professional debt collection services. We pride ourselves on our customer service and our ability to recover your debt in a quick manner.
The judgment collection process can be time consuming and frustrating. Also with limited resources and knowledge of the debt collection process, there is no guaranty that you will ever see any of your money. Because of this, your best chance of judgment enforcement and recovery is through a debt collection agency like Accounts Retrievable System.
The first steps of the collections process after you have won your case is to collect by garnishing wages, garnishing bank accounts, or seizing property or assets. To pursue these methods, you not only need personal information about the defendant but you also need to figure out how to go about doing it. With Accounts Retrievable, we take care of the investigation process. We also are very experienced at the collections process and will be able to quickly and efficiently start collecting from your debtor.
A major problem that people and companies have when enforcing judgments and collecting judgments, is finding their debtors and their money. Debtors tend to be very skillful at dodging their responsibilities and sometimes do not have permanent residences or jobs. Accounts Retrievable has highly skilled professionals who are well versed in skip tracing. They know how and where to look so that you are sure to recover your debts.
Children have the right to be supported financially after the divorce by both parents. However unpaid child support payments are a serious problem. When the child support order is in place but is not paid, the primary caregiver can take certain steps to enforce the child support order. At Accounts Retrievable we specialize in child support collections. If you are owed unpaid child support, contact us to discuss your child support enforcement options.
There are many actions that you are legally able to take when a parent has not paid their child support payments. With ARS we will help you to collect until the unpaid debts has been satisfied. We work on a contingency fee basis which means we do not get paid until you do. There are many benefits of using a debt collection agency instead of going directly to an attorney. One main reason is that you will not have to pay any retainer or legal fees. Another is that with a debt collection agency, there is a whole team dedicated to your case.
Even if the delinquent parent is residing in another state, ARS will use skip tracing tactics to recover your payments. We have the necessary software and technology to help us recover your debts quickly and painlessly. Separation and divorce is difficult enough, let us make things easier for you!
When you have unpaid debts from debtors, you may need to utilize a debt collection agency. You may wonder, what are some of the benefits of using a debt collection agency? Here are a few:
– When you appoint a third party to manage your claims you save valuable time and resources to focus on what’s important. If you are owed to your business, hiring a debt collection agency for your retail collections, consumer collections, and other debt can leave you freedom to grow your business. If you are owed child support, spousal support, or have a judgment awarded to you, hiring ARS takes much of the stress out of enforcing and collecting your judgments.
– Debt collection is our business, and we don’t get paid unless you do. We utilize tested and successful methods to collect debts from debtors. Hiring a debt collection agency greatly increases your chances of collecting the money owed to you.
– There is often a personal relationship between businesses, whether big or small, to their customers. If your business is charged with the task of collecting debts, this may strain the relationship between you and your customers. Letters, telephone calls, and other actions are important to recovering bad debt but can be inconvenient. Let Accounts Retrievable recover your debts so that your business relationships remain undamaged.
– If you have unpaid child support or unpaid spousal support, there are many factors to why the person is not paying. Maybe it is not a priority or maybe you don’t know where they are. Accounts Retrievable is a debt collection agency that has many resources on hand that can help recover the money owed to you. If you are awarded child support payments by the courts and the other parent is not paying, there are certain actions allowed by law that can be utilized to recover your money. However most people have no idea where to start and get lost in legal jargon. ARS is the best way to take the stress and guesswork out of recovering judgments.
After your divorce is finalized, the courts may award you with spousal support payments from your ex-spouse. The stress of going through the divorce is tough enough, but now you are not collecting spousal support payments that you were granted. There are a few resins for this. Maybe it is financially difficult times for your ex-spouse or maybe because he or she is angry about the divorce. Regardless of the reasons, there is no acceptable reason for you not collecting spousal support. The Accounts Retrievable System is here to help you collect your unpaid spousal support payments.
There are many tactics ARS implements when collecting spousal support for our clients. You are entitled to certain remedies under the law. This enables us to collect the balances due to you. We don’t take your claim lightly. If you are supposed to be receiving payments and have not, we at ARS understand the hassle of not receiving your money. If your spousal support payments are unpaid, it could greatly effect the functioning of your everyday life. Our priority is to provide fast and effective services. We work based on a contingency fee basis, which is standard in the debt collection agency business. When we collect for you, we earn a fee from the collected monies. If for any reason we do not, there is no charge to you for our efforts.
In addition to collecting spousal support payments, we also offer services such as:
– Judgment collections
– Nationwide judgment enforcement
– Retail collections
– Child support collections
– Comercial collections
– Consumer collections
– International claims
Whether you have one claim or thousands, the professionals at ARS will fight for your unpaid debts!
With three decades of experience, ARS serves a broad spectrum of industries both domestically and internationally. We employ a wide range of collection strategies. The Accounts Retrievable System has helped creditors enforce their rights to payments on loans, services, goods, and other accounts receivables. We represent and assist a number of types of commercial and debt collection matters. This includes commercial debt collections such as debt owed under loan agreements, retail installment contracts, promissory notes, goods sold and delivered, goods sold on open accounts, and many more.
When you are forced to take legal action over unpaid commercial debts, it can be both mentally and financially draining. It also has a uncertain out come. ARS will take the guesswork out of commercial debt collections and provide effective and proactive solutions. Whether you have one claim or thousands, ARS is your solution for commercial debt recovery. Your portfolio will not be closed until you have recovered all the money from your debtors. At ARS we don’t just file your paperwork. We have the focus and resources necessary in order to obtain maximum judgment collection for our clients.
We serve both domestically and internationally. In addition to commercial debt collections we also provide services for:
Accounts Retrievable – Collecting Judgments In New York
At Accounts Retrievable we specialize in Judgment Collections in the state of New York. We are entitled to certain remedies under law to collect your judgment for you. We know the right tactics to collect Judgments, especially in the state of New York. We do charge fees to collect on your judgment, which is listed below:
JUDGMENT COLLECTION DIVISION
RATES: Contingent Upon Collection
33% of collections, net, after execution costs. Such costs include, and may not be limited to, Sheriff Fees, Marshal Fees, Attorney Fees, and Court Costs. You should note that if the Judgment Debtor moves to another state, and you desire to domesticate your Judgment in the “new” state, you must advance the local Court Costs to domesticate your Judgment.
CCP Section 695.010(a) provides that all property owned by the debtor, subject to certain exceptions, is subject to enforcement of a judgment. Community property owned by a debtor’s spouse is included within the “all property owned by the debtor.”
Additional costs and interest may be added to the judgment. As money comes in from the debtor to the creditor, it is first applied to satisfy any additional costs and interest, and only then, the principal balance of the judgment. Interest accrues only on the original amount of the judgment unless judgments are periodically re-recorded, in which case interest compounds. Judgments continue to exist for 10 years from the date of the entry of the judgment.
Judgments may be renewed for additional terms of 10 years. Judgments are usually collected through the lien mechanism. The creditor will place a lien on the debtor’s real and personal property (by recording the judgment with the county recorder’s office or entering it with the Secretary of State), and the lien will be satisfied when the property is sold by the debtor or foreclosed upon by the creditor. Once the underlying judgment is satisfied, the lien must be released.
