
Judgment Recovery
Judgment recovery refers to the process of collecting money owed to a creditor after winning a lawsuit. When a court issues a judgment in favor of a plaintiff, it means the defendant must pay a specific amount. However, collecting this payment isn't always straightforward. Judgment recovery involves various strategies, including negotiating with the debtor, garnishing wages, or placing liens on property. Professionals in this field, often called judgment brokers or collectors, work to ensure that the creditor receives the awarded amount, effectively turning a court win into actual financial recovery.