Default judgment actually refers
to a compulsory judgment in favor of one of the two parties on the basis of some
failure to take action by the other party. In most of the cases, it refers to a
judgment in favor of an accuser when the defendant has not replied to a summons
or has failed to appear before a court of law.
The peril of enabling a default
judgment against you is once this takes place the debt buyer can levy your
wages and your bank accounts. ... If you don't give a written response to the
lawsuit, the court can enter a default judgment giving the debt buyer
everything they are looking for.
Here the role of asset search
services is paramount. US Collection is a reputed name in the field of defaultjudgment collection. Their research is trustworthy by hundreds of law firms
across the country.This is very important to determining the value of your case
and securing a fruitful enforcement of your judgment.
Using their asset search services does not obligate you to use their firm for
recovery.
After the research on your
judgment debtor is obtained and communicated to you, a determination will be
made if the case is collectible. Assignment - If accepted, they will send you a
Judgment Recovery Application with Agreement for collection. That seems quite
effective.
US Collection Services has a
prominent reputation in the area of judgment collection and the quality of work
has been trusted by some of the biggest law firms, financial institutions and
government agencies. Being a default Judgment Collection Agency, they have
dealt with a number of challenges while collecting money from hostile debtors.
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