Legal Question in Credit and Debt Law in Georgia

Many businesses could be a scam, or they can be for real. Since we don't know the facts, and you just posted a vague question, you can't get much of a response.

Like many businesses, its for real. However, the question is why would a creditor with a judgment go to you for help collecting on a judgment? There are thousands of debt collection agencies and lawyer debt collectors out there.

But there is always room for more. However, its not a get-rich-quick idea. You need to know how the industry works. I would try to find a legitimate judgment recovery business and work with that person for awhile to see if you like it before starting your own. Also, before you do start your own business, talk to a representative from your local SCORE (Service Corps of Retired Executives) at http://www.score.org.

And hello! If people can't pay their judgments, just how do you think you are going to get paid recovering these judgments? You need to think about things like this as well. Maybe the creditors will pay you and maybe they will allow you to keep a percentage of what you are able to collect. If its the latter, it may be a long hard slog.

Beware of scammers though. If you have to pay somebody thousands of dollars to set you up in business or for a franchise, you better check out the company that you are dealing with thoroughly and see what is said about them. I would not be paying over vast sums to anyone right now. And I would check with the BBB. Are there any complaints? How long have they been in business? Are they on the Ripoff Report or another consumer site? If so, then maybe they are someone who you want to stay away from.

Remember, the BBB or Secretary of State (all incorporated businesses or LLCs have to be registered with the Secretary of State) is not a fail safe. Just because there are no reports or a business is incorporated does not tell you whether its someone out to scam you. You need to see who is involved with the company and then Google that person to see if they have been involved in any ventures or whether anything negative pops up.