Free Webinar - Finding Business Assets

The Judgment Recovery Institute hosts a FREE monthly event "Happy Hour" on the first Tuesday of each month from February through November at 5:00 pm PST.  This event is open to everyone.

Registration opens approximately 1 week prior to the event and seats are limited, so early registration is strongly recommended.  May's topic is Finding Business Assets.  Registration is now open.

For more information:  http://us1.campaign-archive1.com/?u=ae090fc4b3cdde2808fec5ebb&id=a91209e43c

Featured on CJCMusicRadio.Com

Did you missed our interview on Monday evening on the "Judgment Showcase" at CJCMusicRadio.Com, ?

 Check it out:  JudgmentShowEdit-04112011.mp3

American Dream - Home Based Judgment Recovery Business

Going into a home-owned business is the American dream. There are many people out there who wish to start up a home business, but have either failed previously, or do not think they have what it takes. Today, going into a business as a home-owned business is easier than ever before. There are many avenues to consider when starting a home business.

Consider these points before starting a business as these steps help show a solid foundation towards starting the home-owned business, a thoroughly thought out process:

ñWhat is it that you have to offer to others?

ñDo you have all of the education and skills to thrive in the business world?

ñDoes the product or services rendered meet a high demand or need?

ñIs the company being started for only making money or is this something you truly enjoy doing?

ñAre you motivated to see this through?

ñAre there marketing and promotion strategies put in place?

These are legit well thought of questions any person who is thinking about going into any business as a home-owned business needs to think about.   They are especially appropriate for looking into judgment recovery as a home-owned business.  The most important area you need to examine up front is the question of whether you have all the education and skills required to thrive in the industry.  If you are new to the field of judgment recovery, you know that you will need all the education and training that you can obtain to improve your skills to a high enough level to be successful.

It is important to note that education is something that you obtain.  Training is something that is provided to you so you can utilize it to become more successful.  The Judgment Recovery Institute has just the right mix of educational materials and training to allow you to thrive in the judgment recovery industry.  The educational materials and instructions provided are by far the best in the industry today.  These materials are for you to read, learn, and grow as a judgment recovery specialist.  Training is help that you will receive to APPLY the knowledge (education) that you have gained.  The Judgment Recovery Institute provides the best training and application instructions you will find on the market today.  

Most importantly, the Judgment Recovery Institute will become an invaluable resource to take you beyond education and training to actually increasing your income as you work in the field.  The network you will have access through the Judgment Recovery Institute will be even more valuable to you than all the other great benefits discussed.

There are many rewards for people who do go into a home-owned business, such as the success of the business, being able to hand down that business to your children, and the perks of working from your home rather than being out in the work force.  Today going into business online has become more of a trend than ever before. Thanks to the use of the internet many people are able to stay home and work rather than traveling to a workplace which eats up gas money, food money, and the hours that one has to work away from home. There are many ways to go into a home-owned business. And thanks to the world of internet, many of these businesses at home are more successful than ever before.  Many Americans are looking into these  home-owned businesses versus working outside the home because you, the individual, are your own boss and earn your income doing what you love doing rather than working in a job that is hated and goes nowhere.  

Now, is the time for change.

Now, is the time to take control of your future.

Now, is the perfect time to get started as a Judgment Recovery Professional by visiting the Judgment Recovery Institute.

Our Perfect Storm Has Come

RIGHT NOW is the PERFECT TIME to Become a Judgment Recovery Professional

The judgment recovery profession is being scrutinized by growing numbers of entrepreneurs looking to establish a lucrative and highly rewarding business.  Collection and recovery businesses are starting up every day.  There are four main reasons for the amazing growth the judgment recovery industry is experiencing.

1.     Courts are being flooded with new civil lawsuits.

2.     The working population is not quitting and/or changing jobs at this time.

3.     Consumers are becoming educated and informed about having good credit.

4.     Judgment debtors are NOT quitting their jobs because of wage garnishments.

Each reason will be examined more closely.

Civil Lawsuits Increasing in State Courts

State courts are where approximately 95 percent of all litigation in the United States takes place.  The National Center for State Courts (NCSC) reports 106 million cases filed in 2008.  Prior figures from the last reporting date of 1999 were 12 percent lower.  Cases are on the rise and especially civil litigation.  The poor economy has caused civil cases to increase 29 percent from 1999 to 2008 to a whopping 1.3 million cases. 

The implications for the judgment recovery industry are obvious.  Inventory which equates to real dollars is skyrocketing upwards.  The well is spilling over instead of drying out.  If there is one leading indicator of when to get into the judgment recovery business, then this is it.

Working Population More Stable Than Ever

A recent Gallup poll estimates that unemployment in the United States is at 10.3 percent.  Many other estimates place unemployment slightly below or above the 10 percent mark.  These figures are alarming, especially for those people unfortunate enough to find themselves in the ranks of the unemployed, but are not the important news for judgment recovery professionals.

The population still at work is fighting hard to maintain the status of their jobs.  The key status is currently employed.  Research indicates that the working population is not quitting their jobs at this time.  Trending, also, reveals that employed persons are changing jobs less frequently than in years past.  Working individuals have money to pay their judgments, or at the very least, provide the opportunity for wage garnishment to recover judgments.

Consumer Education on Good Credit Grows

The necessity for obtaining a good credit status has always been around.  Consumers of say ten years ago largely had vague ideas about the importance of maintaining a good credit history.  In today’s world, consumers have been educated to the point of bombardment about the pitfalls of allowing credit status to deteriorate or be destroyed.  If you don’t think consumers are using their knowledge to improve their credit score, do a quick search to see how many “credit repair” companies you can find.

Consumer concern about their credit status is a strong leverage point in the judgment recovery industry.  Judgments are derogatory items on a credit report that can affect a person’s ability to get a loan.  With the housing market now turning to a buyer’s market, getting credit into good standing is imperative.  Clearing any outstanding judgment is a positive step so a good judgment recovery business can even be seen as a helpful entity to consumers.

Judgment Debtors Not Quitting Jobs because of Wage Garnishment

Wage garnishment is never pleasant for any judgment debtor that has to experience it.  However, because there is not a plethora of jobs out there, they just cannot afford to quit their jobs if wage garnishment occurs.  This is a vastly different scenario than when jobs were plentiful and it was easy to hop from job to job.

Wage garnishment is an effective tool that can be utilized in the judgment recovery industry to insure a steady cash flow.  Judgment recovery professionals can be assured now more than ever that money will be available to recover judgments. 

Before you jump into the business, you should obtain all the knowledge and skills that you can.  You should seek out good solid training and education.  The Judgment Recovery Institute is a perfect source to help you further your knowledge and professionalism. Nothing is stopping you from earning while you are learning.  Grab the opportunity to learn fast, to learn well, and to begin earning now.  There is only one thing left to say about the judgment recovery industry.

Our Perfect Storm Has Come - Now is the perfect time to be in this business.

Fair Debt Collection Practices Act - Both Friend and Foe

Debt collection is one of the highly regulated industries in the United States today.  It does not matter what fancy or complimentary title you wish to adopt.  If you are in the judgment recovery or debt buying business, you will be classified a “debt collector” and subject to the Fair Debt Collection Practices Act (FDCPA) when collection from individuals.  The FDCPA is the business bible that you must embrace, learn in depth, and always apply in every transaction you process.

Contrary to what you may have heard or read in many industry articles, the FDCPA is not necessarily a tool that is used against you, although it can be used in that manner.  The FDCPA can be your best friend and one of the best protective shields the industry can provide.  You need to become aware of both sides of the coin.  The Judgment Recovery Institute (JRI) can be an essential aid in helping to insure you keep the FDCPA as your friend and not your foe by thoroughly teaching you every aspect of the legislation and proper application.  Follow up coaching and the answering of questions concerning gray areas will be invaluable to you.

The FDCPA is both a guide and code of conduct for debt collectors.  Conversely, the FDCPA provides valuable protections for debtors.  The FDCPA is a broad piece of legislation.  It will be wise for you to obtain your own copy as soon as possible.  Some important topics that will be critical in the day to operations of your judgment recovery business are:  proper hours for phone contact; cease communication requests, acceptable communication at places of employment; misrepresentation; deceit; improper disclosure; seeking unjustified amounts; and reporting of false information on a consumer’s credit report.  Each topic is a class in and of itself

FDCPA as Friend

If you conduct your business honestly, ethically, and in good faith concerning all the FDCPA regulations, you can be insured that the law will protect your rights to collect the debts your purchase every bit as much as protect the debtors you are collecting from.  Communication only how and when you are supposed to communicate.  Avoid any form of improper disclosure.  Do not threaten any action (legal or otherwise) that you cannot lawfully pursue.  Do not allow yourself to report any false information on a credit report.  When you do this, the FDCPA will allow you to pursue your business as fervently as you want.

FDCPA as Foe

Have no doubt in your mind that the FDCPA is a regulation designed in purpose to protect debtors from improper and illegal collection practices.  If you either knowingly, or unknowingly, violate the regulation, you can be subjected to severe monetary penalties.  You can open yourself up to lawsuits against you. There are many unscrupulous debtors out there that live to trap you into a violation to collect some easy money from you.  Get proper training on the FDCPA to keep it from becoming your worst foe. 

Solution

The Judgment Recovery Institute is an excellent online source that provides experts to help guide you through the muddy, and sometimes difficult, waters of the FDCPA.   If you choose the Judgment Recovery Institute for instruction, you will receive so much more than you will find as an industry standard.  You will not be shipped an outdated and useless manual to read and understand on your own.  You will have access to all the tools that a Virtual Campus and Live Advisors can provide.  Access to a network of working professionals in the area of judgment recovery is granted.  The Judgment Recovery Institute can help you utilize the FDCPA as your friend and protection by showing you the pitfalls of the legislation and how it can be used against you.  Learn the FDCPA inside-and-out and up-and-down with fantastic help from the Judgment Recovery Institute.

Petra Alluis of JRInstitute.com is recognized as "Expert Author" by Ezinearticles.com

CEO and Founder of the Judgment Recovery Institute receives writing honor.  Showing commitment to sharing knowledge and education is a key to success.  Ms. Alluis proudly affirms commitment to professional community as well as to the students of the Judgment Recovery Institute.

Ezinearticles.com allows writers an opportunity to provide educational, valuable, and inspiring information to their readers.  Ezinearticles.com uses a well-qualified staff to ensure only the best and most valuable content receives final approval for publication on their site.

“It is because of their strict guidelines that I am truly honored to be named an ‘expert author’ by them,” said Petra Alluis, Founder and CEO of the Judgment Recovery Institute.

Petra Alluis has been passionately active in the Judgment Recovery / Debt Buying business since 1993.  She has been sharing her expertise for years by:   creating one of the largest web-based support groups; and, allowing continuing assistance to hundreds of Judgment Recovery professionals throughout the United States in the development, growth, and education of the Judgment Recovery business.  She is a professional speaker who has written several online articles and continues to embrace the opportunity to educate others. 

Lisa Richards, Media Coordinator with the Judgment Recovery Institute says, “We are very proud of Petra and her accomplishments.  We thank Ezinearticles for recognizing and rewarding her as an ‘expert author’.”