Do you have some interest in legal work and are you looking for a legitimate home based business? How about starting a Judgment Recovery business?
It works something like this: You spend some time in the courthouse looking up unsettled small claims. These are public records and you can get your clients (complete with mailing address) by looking at the plaintiff records. You then make offers to recover their unpaid small claim for them.
According to Sierra Judgment Recovery, 80% of small claims are never recovered. This is because small claims courts only issue the judgments; they don’t enforce them. And generally, there isn’t enough money in small claims for attorneys to be interested in the job of enforcing them.
Small claims vary from state to state, but they generally cap out from three to five thousand dollars. So while they’re ‘small claims’, they can provide substantial income if you aim for the larger ones. Judgment Recovery specialists usually take a commission of about 50%.
If you’re interested in this kind of business, consider that a lot of time will be invested at your local courthouse going through paper records. Also consider there will be a lot of dead ends and disappointments. But if you enjoy this kind of investigative work, you might find a Judgment Recovery home business interesting and rewarding.