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    tnvconnection's Avatar
    tnvconnection Posts: 1, Reputation: 1
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    #1

    Mar 22, 2011, 11:06 AM
    Transfer of Judgment Inquiry
    We have just started a new business in Alaska, TNV Judgment Recovery Services. The nature of our business is to find existing small claims & civil judgments that have not been satisfied and have them transferred into our name to enforce the judgment. Unfortunately, this is not a common practice in Alaska and we were recently denied by the court, as they perceive our business to be a collection agency, in which we are NOT. The judgment is transferred irrevocably to us, and we move forward (through the court system) to enforce the judgment, as if we were the OJC. My question is, can we submit a Transfer of Judgment (as opposed to the Assignment of Judgment that was denied) to the Alaska court system in accordance with Civil Rule 25(c) & AS45.29.619. When the court denied our document, they included a copies of the following: AS 08.24.300 & District Cout Rules of Civil Procedure 15(c). We have since revised the Assignment of Judgment to reflect TRANSFER and removed all assignment/assignee nomenclature. We need to have a legal standpoint to ensure that this document it is worded properly to satisfy the Judge. Thank you in advance.
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #2

    Mar 22, 2011, 05:14 PM
    Quote Originally Posted by tnvconnection View Post
    We have just started a new business in Alaska, TNV Judgment Recovery Services. The nature of our business is to find existing small claims & civil judgments that have not been satisfied and have them transferred into our name to enforce the judgment.
    Hello tnv:

    Judgments are owned by somebody. Do you buy them from the owner? Why not get a power of attorney from the owner, and then you don't need the courts permission. That IS, of course, what a collection agency does. Why don't you think you are one?

    excon

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