I am not a lawyer, I am a judgment referral expert (Judgment Broker). The judgment recovery business has been hurt badly by the recession/depression. Of course, most businesses are now hurting, we are all connected in some way.

In the old days, before 2004 or so, one could do very well just recording liens on the judgment debtor's real estate. When houses were being refinanced or sold every year and prices were rising, judgment liens got paid off. Now, a judgment lien is more likely to be stripped off in a bankruptcy court or settled for pennies on the dollar, than to be paid in full.

However, many people still have jobs, some live in a home with equity, and many have savings or checking accounts. So the game is not over, but it is no longer a make-a-living-quickly business. It never was a get-rich-quick business.

Many that go into the judgment recovery business do not succeed because they rarely go to court or have enough funding. They get a computer, a phone line, a web site, attract and collect judgments, and then do very little with them. One must have the money - an average of $300 for small claims and $1,000 for civil court, for each judgment they hope to recover.

A $200,000.00 judgment is not going to make you $100,000.00, unless the debtor is rich and you learn how to perform advanced enforcement procedures that take knowledge, practice, and skill to perfect - to the point where you are effective against a rich debtor that hires a lawyer to thwart your enforcement efforts.

You must read, study, and go to court and be comfortable and competent on all court procedures and paperwork. Judgment recovery is a business where you are always working and learning. You cannot just read one book and expect instant success.

So, is 2011 a good time to get into the judgment recovery business? Here are five reasons why not:

1) The easy money is gone. You must work for every dollar.

2) The economy is horrible, most debtors are poor and one cannot recover a judgment against a poor person.

3) Courts and sheriffs are cutting back, increasing fees, and becoming very slow to process paperwork.

4) Many of the good judgments are gone.

5) There is apathy, skepticalness, and flakiness washing over many people who are glued to watching and reading terrible news, and tuning out of opening any mail besides their bills.

Here are five reasons why 2011 is a great time to start or be in the judgment recovery business:

1) There are few businesses with more opportunity and less startup costs than judgment recovery. The judgment recovery business is no worse than the average economy-related business.

2) Some judgment enforcers are currently "burned out" or depressed or jaded or flaking out, and do not quickly answer or return emails or phone calls. By being responsive, you can rise ahead.

3) With many judgment enforcers going out of business, it is possible to find used books and training courses at steep discounts. And now, there are free resources on the web to learn about judgment recovery.

4) There are more options now than before. Now, you can easily refer judgments not right for you to a judgment broker.

5) The most successful people have the right attitude to make things work even when the economy is bad. If you have nothing better to do, learning judgment recovery, or how to find and screen judgment leads, is a constructive and potentially profitable thing to learn.

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Mark Shapiro - Judgment Broker  - Free leads for Judgment Enforcers and contingency collection attorneys.

http://www.JudgmentBuy.com - is the best judgment solution, where Judgments quickly get Purchased or Enforced by the best!