Q. Is Judgment Recovery hard to do? |
| A. You can set up this
business from your home, and easily get judgments into your name. I
will show you how. My first year in business,
I had over 30 judgments in my name between $1000 and $70,000. And
remember, this is not "collections." You have a court
judgment. That means you have available to you all the legal tools
provided by the State. I'll show you those too. |
Q. Are some judgments easier to collect than others? |
| A. Yes, of course. You want the judgments that are doable. And
I'll show you how to screen through them even before you accept
them. You want your business to be efficient and effective.
|
Q. How much do I get paid? |
| A. You'll keep a good percentage of the money you collect--40% to 50%, typically.
I would never go lower than that. |
Q. Why would people want to pay me that much? |
| A. They won't be paying
you. You'll be collecting the money, taking
your percentage, and then paying THEM their percentage. You will
have the skill to do what 99% of the people in this country don't know
how to do. Plaintiffs were awarded judgments by the court, but have no
means to enforce them. So your skill is valuable, and very much
in demand. People who have judgments are happy to find someone with
the skills to help them. |
Q. But how do I find out information about the judgment debtors? |
| A. I'll show you the best "Private
Investigator" databases available,
which have a terrific compilation of public records and more. You'll also
be able to pull credit reports on the judgment debtor. That will
have information about cars, jobs, banks, and much more. |
Q. So, how much could I make the first year? |
| A. Everyone asks this question.
The truthful answer is that you could make a lot, or you could make
zero. It all depends on the quality of the judgments you accept, and
how hard you work.
Yes, it's a fact that 80% of the judgments out there are never collected.
But you don't want just any of these judgments. I'll show you which
judgments to look for and which to avoid. You won't waste your time
or money.
Consider this: If someone was thinking of opening
a restaurant and asked you how much they might
make in the first year, you would probably tell them that it depends
on the quality of the food, the location of the restaurant, the atmosphere,
and so on. It's the same with the JR business. How much you make
depends on the quality of the judgments you accept, your knowledge
of the business, the rules in your state (some states I recommend
against getting into this business) and how hard you work.
Now, let's say you are only working part-time as a Judgment Recovery
Specialist. You have used the information and resources I provide
in this Course to locate the debtors, locate most of their places of
employment or their banks, and other assets. Here is a low estimate
of what your monthly income might be: |
|
Case #1: Judgment for $4,000. 5 years
old. Interest is $2,003.29 for total of $6003.29.
|
Debtor James W. makes $2500.00 a month.
You garnish 25% ($625) and pay 40%-50% to creditor.
* You make $250 to $312 a month for 20
months on this one case alone.
|
|
|
Case #2: Judgment
for $5,000. 1 year old. Interest is $500, for total of
$5500.00.
|
Debtor Sara L. has a bank account with $3000.00.
You have the sheriff perform a bank levy.
* You make $1200 to $1500 in one month on this
case, and still have $2500 more you can collect.
|
|
|
Case #3: Judgment
for $7,900. 5 years old. Total judgment is now $11,856.49.
|
Debtor is a real estate broker.
You do an "assignment order" (I'll show you how) so
that his clients have to pay you instead
of him..
* You make $2000 per month until it is paid in full.
|
|
| *You
can see how, with 4 to 12 cases going simultaneously, you can
have a good stream of income, even part time. And it can be continuous. The
more cases you want to work, the more streams of income will
be coming in simultaneously. |
Q. Are there larger cases out there? |
| A. Yes, much, much larger. But
you should first learn the ropes in small claims, and then move
on to the civil court. The judgment recovery
rules are the same. But don't worry about the larger ones yet. Once
you become established and effective, larger judgments will be offered
to you as well.
|
Q. Are the procedures covered in your Course applicable to my state? |
| A. Yes. And all states
now have their forms online for free or at the court house.
While state laws and forms may differ a bit, the procedures are
basically the same. You will need to research some of your
own state laws for those differences. And I'll show you how.
All the other general forms, letters to creditors, and how to
call the creditors and what to say to them—all of that is in the course. |
Q. If you are so successful, then how come you are selling
a course? Aren't you creating competition?
|
| A. Good question. First,
I'm not a salesman. I'm really in this business full time. And
I wrote this course at the encouragement of others in this business—many
in the CAJP and JR people from other states. They knew I could write
and they knew I understood this business well, and that I was very
successful. And frankly, a lot of people in this business were dropping
out because they didn't have the right tools to get up and running,
or they believed the hype on the internet about this being such an
easy business.
I would never say that this is an easy business. No business is
easy. You have to work. You have to work hard. (If you are not a
hard worker, then it's probably best not to be in business for yourself.
But if you are a hard worker, than this may be the business for you
)
Also, I wrote this course because I don't want the JR business to
be regulated. If more people are doing this business knowledgeably
and professionally, then it won't be regulated. The reason there
are specific state regulations for doctors, lawyers, real estate
people and others, is because some people in those professions weren't
professional. I don't want that to happen to my profession. So, if
you have the right training, it helps me too.
Please remember that this really is a profession. Isn't that what
you want? Be prepared to learn the profession, and learn it
well. And after you start, be prepared to learn even more,
and be prepared to work hard. That's all I can say.
|
Q. What about start up costs and ongoing monthly costs?
I've seen advertisements that say "Zero Overhead" and "You
don't even have to get dressed." Is that true?
|
| A. Obviously it's not
true. Every business requires a financial investment. Don't be
fooled by those who say otherwise. |
|
Costs to start up and keep going:
 |
Business Phone—check the cost in your
area. |
|
Private mail box ( not a
P.O. Box—I explain why in the course).
|
|
High speed internet.
|
|
Advertising on Google or elsewhere ($55
a month). (Don't use the Yellow Pages! I explain why
in the course.)
|
|
Sign up for Professional Databases—about
$200 at start up. One time charge. |
|
Ongoing Databases—these are essential.
Plan on around $100 each month for these. A little more once you have some money coming in. Without these databases
you will have a very difficult time being successful
and waste a lot of time look for cases at the court.
PLEASE trust me on that.
|
|
Ongoing JR Education –this will vary. But
it's essential if you want to be a real professional.
|
These are the lowest
costs for any business I know of. Frankly, if these costs are
too much for you, then you are not yet ready to start any business.
If you were opening a restaurant or Lube & Tune,
you would be paying around ½ million dollars just for start
up and $10-40K a month overhead. Even starting a simple flower
shop business on a street corner would cost more than the JR
business—just
to build the stand and buy new flowers every day!
So, it's best not to start unless you have these minimum resources.
Again, this is a profession. You must be professional and do it right.
But also remember that your costs are tax deductible—including the
course. You can write off computer purchases, internet fees,
and all related office materials you get for your business. You can
also deduct for your office space, electricity, etc.—in proportion
to the rent or mortgage you are already paying. And, after you're up
and going, you won't have the cost of the regular daily commute, and
other auto expenses. That's a big saver too. |
Q. Why is your course more than some other courses?
|
| A. Because it's
the best. And because I'm frank about the business. I'm
not going to apologize for it being a bit more. |
Q. But other courses also claim to be the best. How do
I really know that yours really is the best?
|
| A. I guess there's no way
for you to be sure unless you compare them for yourself. So,
if another course offers a money back guarantee too, get them
both and do your own comparison. Keep the one you want, and get your
refund from the other. If you can show me that anther course is superior,
I'll buy you that course for you. I simply would not have written
this course if I didn't firmly believe it was a much, much, much better
course, and a big time and money saver for those starting up
their companies.
Also, this is the newest course available (most are 7 to 12 years
behind). It is undoubtedly the most comprehensive course available.
And it is the only course that takes you WAY beyond the beginning
stages of Judgment Recovery .
And, I offer a personal ongoing mentoring support through my E-group.
Frankly, approximately 35% of the people who buy this course
have bought other courses. You've probably seen those courses on the
Web too. (I'm not the only one who says this is the course I wish I
had when I started with this business.) |
Q. Can I call your customer support to talk to someone?
|
| A. I'm the only
customer support I have! Me. Only me. No sales people. I do
it myself. I want you to have the right information from
someone who is actually in this business. My office number
is 619.865.2727. If
I'm on a business call, or out of the office, or on my own cases, I'll
call you back as quickly as I can. Or email me with your number,
and a good time to call. …Peter |
