MANAGE JUDGMENT RECOVERY AND Dormant judgments represent thousands of dollars in potential retrievals that too often go uncollected. No matter how efficient your firm might be at managing a call center or automating the legal process, effective judgment recovery requires greater focus and orchestration among sub-specialties of the collections process:
Most firms are adept at picking off the easily collectible ‘low-hanging fruit’, those judgments where available data indicate a bank account or job to be garnished, or where practical necessity such as credit repair or mortgage refinance may force a debtor to satisfy their obligation. But the vast majority of judgments regrettably go uncollected – because in most cases assets are hard to find or debtors move out-of-state. Mining judgments more deeply entails greater expenditures of time, money and human resources hence most firms are limited in their pursuit of most of their hard won judgments. That is where Aries Data Collections comes in to help. Not only does Aries run a proprietary workflow process that continually monitors debtors and their assets, but Aries performs these services by advancing costs on a no-recourse basis. Aries then manages the entire collection process, including recommencing out-of-state litigation where required. By outsourcing judgment collection to Aries, asset location, repeat court costs and allocation of manpower are no longer a factor. Give Aries your dormant judgments and lift your judgment collections effortlessly and cost-effectively. |
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