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pinkandblue
Our family is complete, maybe
Member since 9/05 32436 total posts
Name:
Stephanie
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Is it worth it (Judgement related)
So, I have a judgement in my favor that I have not collected on. It has been a few years since the judgement was awarded. I got a letter in the mail from some service that can help me collect what is owed to me (approx 3,100). They charge 1/3 of whatever I recieve and there is no retainer. If after 6 months, I have not collected any money, the agreement is voided
do you think it is worth it. I see it as some money is better than none for me.
Ideas, opinions?
TIA
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Posted 4/8/08 10:08 AM  |
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Long Island Weddings
Long Island's Largest Bridal Resource |
2BEANS
wow time is going fast.
Member since 9/07 16106 total posts
Name:
Tina
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Re: Is it worth it (Judgement related)
if the only way to get is that way then "some money is better than none" i agree
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| Posted 4/8/08 10:11 AM |
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EckoRed81504
We are complete <3
Member since 12/07 6299 total posts
Name:
April
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Re: Is it worth it (Judgement related)
Do it. They usually don't charge you unless you collect. They really are like that. We used them for work when we were trying to collect from a customer. Unfortuntatly our customer filed bancruptcy so we didn't get our money..but we didn't have a pay a penny!
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| Posted 4/8/08 10:14 AM |
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MsSissy
xoxoxo
Member since 3/07 39159 total posts
Name:
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Re: Is it worth it (Judgement related)
Is this something you can get on your own through new york state unclaimed funds
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| Posted 4/8/08 10:16 AM |
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pinkandblue
Our family is complete, maybe
Member since 9/05 32436 total posts
Name:
Stephanie
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Re: Is it worth it (Judgement related)
No, I do not think so. I was awarded a judgement in small claims court, the scum$ag never paid up 
thanks for the info though
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| Posted 4/8/08 10:32 AM |
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juju
Welcome to the World!
Member since 5/05 6747 total posts
Name:
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Re: Is it worth it (Judgement related)
You should be able to go through sheriffs office. There is a cost but not sure if it will be more than the company that is offering you the service
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| Posted 4/8/08 10:37 AM |
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fins
LIF Adolescent
Member since 9/07 821 total posts
Name:
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Re: Is it worth it (Judgement related)
Posted by stephanief
So, I have a judgement in my favor that I have not collected on. It has been a few years since the judgement was awarded. I got a letter in the mail from some service that can help me collect what is owed to me (approx 3,100). They charge 1/3 of whatever I recieve and there is no retainer. If after 6 months, I have not collected any money, the agreement is voided
do you think it is worth it. I see it as some money is better than none for me.
Ideas, opinions?
TIA
If you haven't been able to collect in a few years, I would take a 1/3 loss and have this company do it for me.
I have worked with these collection agencies in the past, and after you give them your initial paperwork they do the rest. They have a good success rate because they are persistent and follow up. They only make money if they can get your money.
It would be better to have 2/3 of your money in your pocket instead of 100% in the pocket of the person who owes you the money.
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| Posted 4/8/08 10:43 AM |
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pinkandblue
Our family is complete, maybe
Member since 9/05 32436 total posts
Name:
Stephanie
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Re: Is it worth it (Judgement related)
Posted by fins
Posted by stephanief
So, I have a judgement in my favor that I have not collected on. It has been a few years since the judgement was awarded. I got a letter in the mail from some service that can help me collect what is owed to me (approx 3,100). They charge 1/3 of whatever I recieve and there is no retainer. If after 6 months, I have not collected any money, the agreement is voided
do you think it is worth it. I see it as some money is better than none for me.
Ideas, opinions?
TIA
If you haven't been able to collect in a few years, I would take a 1/3 loss and have this company do it for me.
I have worked with these collection agencies in the past, and after you give them your initial paperwork they do the rest. They have a good success rate because they are persistent and follow up. They only make money if they can get your money.
It would be better to have 2/3 of your money in your pocket instead of 100% in the pocket of the person who owes you the money.
Exactly thanks, I think I am going to do it
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| Posted 4/8/08 10:44 AM |
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pinkandblue
Our family is complete, maybe
Member since 9/05 32436 total posts
Name:
Stephanie
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Re: Is it worth it (Judgement related)
Posted by juju
You should be able to go through sheriffs office. There is a cost but not sure if it will be more than the company that is offering you the service
Yes, I have the paperwork to file with the sheriff. I am not sure how effective that would be since I do not have much info (current address, bank account, etc)
It is worth a shot though. I think I may pay the 60 bucks to file the sheriff's execution and go from there
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| Posted 4/8/08 10:45 AM |
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chris605
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Member since 5/05 3205 total posts
Name:
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Re: Is it worth it (Judgement related)
Posted by juju
You should be able to go through sheriffs office. There is a cost but not sure if it will be more than the company that is offering you the service
GOOD LUCK - I tried the Sheriffs office and got no where - Still owed the $500 I was awarded...
Well if anyone knows how I can collect my money please share - Just on principle I want to collect...
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| Posted 4/8/08 10:45 AM |
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pinkandblue
Our family is complete, maybe
Member since 9/05 32436 total posts
Name:
Stephanie
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Re: Is it worth it (Judgement related)
Posted by chris605
Posted by juju
You should be able to go through sheriffs office. There is a cost but not sure if it will be more than the company that is offering you the service
GOOD LUCK - I tried the Sheriffs office and got no where - Still owed the $500 I was awarded...
Well if anyone knows how I can collect my money please share - Just on principle I want to collect...
I will fm you the info that I have tonight when I get home. It is a place in huntington
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| Posted 4/8/08 10:46 AM |
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Mommy2Boys
My Boys!!!!
Member since 6/06 14437 total posts
Name:
C
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Re: Is it worth it (Judgement related)
I see it as some money is better than none for me.
Absolutely! Would it be a lot of work for you to handle on your own that way you dont have to give up 1/3 of what you will get?
ETA: I just read the rest of the post and see you have been waiting for this money for awhile. I would go with the service. Even if they keep 1/3, you are still getting $$$ back that you otherwise probably wouldnt have.
Message edited 4/8/2008 11:23:34 AM.
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| Posted 4/8/08 11:21 AM |
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