Five Things Every Judgment Creditor Dreams of Hearing

When you have a judgment against someone, collecting can be the hardest part. But every once in a while, a debtor says something that makes you want to grab your calculator and start drafting a payment plan immediately.

Here are five things every judgment creditor (and their paralegal) loves to hear:

1. “I just graduated from medical school.”

Hello, stable income and long-term career. We’ll be here to discuss repayment options as soon as you’ve framed that diploma.

2. “I just received an inheritance from my grandma.”

We’re sorry for your loss… and happy to help you use a portion of that windfall to settle your outstanding obligations.

3. “I sold my house.”

Perfect – nothing like a chunk of equity to make clearing a debt quick and painless.

4. “I got a big bonus at work.”

You deserve to celebrate – and paying off your judgment will make the champagne taste even better.

5. “I finally paid off my other debts.”

Excellent – now that you’ve freed up cash flow, we can help you direct some of it toward this one.

While these moments are rare, they’re proof that circumstances change – and sometimes they change in your favour.

If you have a judgment and want to be ready when opportunity knocks (or when a debtor accidentally tells you their finances just improved), contact us today for a free consultation. We’ll make sure you’re ready to collect.

Explore our corporate debt recovery services for businesses and lenders in Ontario, Alberta and British Columbia.