Legal Question in Credit and Debt Law in New Jersey

Hello, I have a civil judgment against an individual that was granted by the Superior Court of NJ (2nd Degree theft) of $15,470 dollars. What are my options for hiring a collections attorney to collect, meaning is the judgment large enough that an attorney would accept the case? Would it be worth it to pursue or would the attorneys' fees swallow most of the judgment? Also, how long is this judgment enforceable? The papers I have specifically state that this judgment is not dischargeable in any bankruptcy proceeding.


Asked on 1/21/10, 7:01 pm

2 Answers from Attorneys
Jef Henninger, Esq Law Offices of Jef Henninger, Esq.

Call me at 732/247/3340

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Answered on 1/26/10, 7:41 pm
John Corbett Corbett Law Firm LLC

You can (1) engage an attorney to help collect the judgment; (2) try to collect it yourself; or (3) sell the judgment to someone who will give you cash for it. The debt is large enough so that a buyer might be interested although the price on bad debts is currently affected by a lot of such paper being on the street due to the economy. You can always find a lawyer to help if you pay by the hour. The debt is large enough so that many will be also interested in a percentage fee unless there is something especially difficult about the collection. You need to be the judge of whether you can collect it yourself. � My firm handles matters of this type. If I can be of further help to you, call or email.

See also: http://info.corbettlaw.net/lawguru.htm

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Answered on 1/27/10, 6:49 am


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