I avoid three types of judgments:
1. Consumer judgments
2. Medical judgments.
3. (usually) Family court judgments.
Consumer judgments are purchases on credit for "personal, family, or household purposes." (Think credit card judgments, mostly.) Why do I avoid them? I want to help real people, not credit businesses.
Medical judgments are simply unattractive to me. Do you really want to take a judgment against someone who didn't pay for their chemo or oxygen tent? No. I think you'll agree that life is too short.
Family court judgments are often unattractive as well. If down-and-out-drunk-druggie-dad didn't pay for his child support, what are the chances that I'll be successful? Look, I want to help the family as much as anyone. But I also have to make a business decision. If loser-dad or loser-mom has nothing, there's really nothing I can do.
My job is two steps: 1. Locate the assets. 2. Direct the sheriff to take them.
If there's nothing for the sheriff to do, I don't take the judgment.
But what about divorce judgments? Yes, I'll take those if there are assets. Fine.
What kinds of judgments have you accepted?
Contractor didn't do the job.
Son-in-law didn't pay back the money.
Employee sues employer for past wages or injuries.
Business sues another business for nonpayment.
Customer sues a business for breach of contract or something else.
Illegitimate real estate transactions.
Car dealer ripped someone off.
Artist didn't get paid his or her commissions.
And so on, and so on, and so on. I've had judgments against palm readers who ripped old people off, and auto restoration places that kept the car or ruined it. There's so many different reasons for judgments--thousands upon thousands of them.
But stay away from "consumer," "medical," and most "family" judgments. Okay?
Questions? Let me know, please. Peter (619.758.3552 or email@example.com