Sierra Judgment Recovery: Other People’s Debt Can Be Your Profit$

What is Sierra Judgment Recovery?

Sierra Judgment Recovery (SJR) is a company that offers the opportunity to start a home business in the lucurative judgment recovery business. SJR provides training on how enforce the collection of a court ordered debt. Basically, you would be trained to track down and collect outstanding judgments (debt) from people who have been ordered to do so by a court but have yet to do so.  In other words, you would be a one man/woman collection agency ( but hopefully less annoying).

How do you make money?

You do the legwork to find the person and collect the money that’s owed to the judgment holder and you keep a percentage of the money that’s collected.  You negotiate your cut in advance of doing any work.  According to SJR’s website it’s not usual to negotiate a 50% to 60% fee for yourself.  An example from their site shows that its possible to earn up to $2,500 per month part time and up to $8,000 per month if you make this a full time venture.

That sounds good but I don’t want to be a collection agency?

Well according to SJR you really don’t have to be:

We are not talking about standard collection methods here! A collection agency will send dozens of ineffective, annoying collection letters that may result in only a 15% collection ratio. After that, they tend to let the judgment fall by the wayside. A judgment creditor has the legal right to seize bank accounts, garnish wages, and place liens on or seize personal property and force a sale. All of these procedures are carried out through the court system. If you choose not to, you will never even have to contact the debtor. All you have to do is occasionally have them served with legal documents through the mail.

How much money do I need to invest?

The training course  cost $155 for the electronic version and $185(plus S+H) for the hard copy version.

Is this a franchise or Network Marketing (MLM) company?

No, this is an independent business opportunity. There are no royalty or fees that have to be paid to SJR after the initial payment for the training course.

What do I get for my money?

• The training course
• Unlimited Customer Support (telephone/online)
• Letters, Contracts, and Forms
• Access to members only website and forums

What Others Say About Sierra Judgments?

Scam.com has a great forum post on SJR I suggest you read the whole thread . Here are some highlights:

While doing research I came across courses such as Sierra pitching judgment recovery as a business opportunity. I am a serial entrepreneur so I decided I am going to give this business a shot. I ordered the Sierra course. To me, it is a fine course, overpriced possibly but fine. It will most likely be the easiest business I have ever started capital wise but it will take work to succeed. In reality, I believe there is enough free information out there so you do not need to order a course but in no way do I see Sierra as scam.

I looked into the program. the problem is people who owe these judgment go to great lengths to hide any assets they have so you can spend a lot to try and locate them and not find enough to satisfy the judgment. [edited for spelling]

My experience with the co. is limited. I purchased the course and am a member with access to their archives and (HELP)forum but did not . I studied but did not follow through. I absolutely do not believe they are a scam of any nature….The course is not REALLY all inclusive in the sense that there is alot of further study in the "legal field of sorts that you simply have to educate yourself on. Again,not impossible. As Christine states openly, you have to love research.You have to be well versed in your state codes, ethics, civil statutes and do your own law research on contracts and alot of other legally proper verbage or you could be sued by an attorney for not following protocol or practicing without a license

WAHM.com

I ordered the starter kit from them about 2-3 years ago and sent out about 20 letters after going to the court house and finding the outstanding judgments. That was a blast looking in those files. I got about 3 responses. I live in Texas and there is a problem that I had with it and so I quit doing it (read more)

Better Business Bureau

Sierra has an A+ rating with the BBB.Read the full report.  My research did not turn up any pending legal action against SJR.

My 2 Cents

• My Scammy Senses aren’t tingling with this one. I believe this to believe a legitimate business opportunity.
• I do believe that SJR is oversimplifying how difficult the process of finding someone who owns a debt and then getting money out of them can be.
• I initially thought this would be a great recession proof business because in a recession so many people are struggling financially that judgments would have to be up.  Then I thought, well if people are broke due to the recession how are you going to get money out of them?!? I don’t think you can garnish unemployment checks.  Can you?
• I would strongly advise checking the laws of the state you live in to see if you need to be a licensed debt collector.
• Someone comment that the skip tracing (hunting down) part of the process is very difficult. she suggested googling skip tracing to get more information. I don’t have the time to do that, one some like to do it and share with the rest of us?
• Based on my research I would recommend this business to someone who has a Investigative type personality. Not sure of your personality type? Click here and take my test and I can help you find the right business for you.

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