If there is ever a PERFECT time to get into the
Judgment Recovery / Debt Buying business - It is NOW!
With our current economic state, we are in our PERFECT STORM.
Everyone is looking for money. Owners of uncollected judgments are now eager to talk to you and sell you their judgment. They are no longer interested on holding on to this paper that is just cluttering up space in a drawer.
Some money is better than no money.
Even small businesses to our large corporations, are taking notice to us. They no longer have the internal staff to work on collecting this old debt. Businesses who have always outsourced to the typical collection agency are running scared. These agencies are normally staffed with collectors who are not trained to find assets and successfully execute on collecting a court judgment. The agencies are usually working with limited, outdated tools which include some template letters and placing the account on an auto dialer with the hopes that they can push the debtor into making a voluntary payment. Let's not forget, the current media attention on collection agencies and the increasing lawsuits filed against them for FDCPA violations.
Now, Corporate America is reaching for the phone and calling the Judgment Recovery Specialists more today than ever.
The Bureau of Labor Statistics (BLS) anticipates that between now and 2106, the debt collection industry will experience a 23% rate of growth, a much faster rate than the average for all industries.
History has shown over and over, those who have succeed,
jumped in when an opportunity was RIGHT.
The timing was RIGHT, the climate was PERFECT and the people were READY.
