Phoenix Judgment Services is uniquely qualified to breathe new life into non-performing judgments, unlocking new revenue from accounts previously considered uncollectable. As the economy continues to improve, these accounts represent a significant opportunity to create new revenue for clients.
Phoenix Judgment Services capitalizes on TRAKAmerica's proven management, analytical methodologies and years of experience as the largest legal recovery network in the industry. Our advanced internal processes coupled with targeted partnerships with qualified collection agencies and law firms enables Phoenix to deliver superior results. Using the dedicated resources of a highly experienced team of non-performing judgment specialists, the Phoenix solution is built on four key components: VALIDATE the debt, SEARCH for assets and avenues for recovery, EXECUTE on the collection strategy and SATISFY the judgment with the courts.
Phoenix Judgment Services has created a proprietary process for validating account data and balances on non-performing judgments. This process enables Phoenix Judgment Services to mitigate risk by accurately reconstructing the current consumer balance.
Phoenix optimizes account treatment strategies through a suite of asset and data providers, maximizing the likelihood of identifying a revenue-generating asset. Phoenix conducts recursive asset searches at each phase of the program to determine the best treatment strategy.
Phoenix draws on TRAKAmerica’s national network of law firms and collection agencies to achieve optimum results that comply with regulatory and client expectations.
Phoenix’s satisfaction of judgment process ensures the proper steps are taken to credit the consumer fully for fulfilling their judgment obligation. Whether the debt is paid through our nationwide network of attorneys or through traditional collection efforts, Phoenix ensures the judgment is satisfied with the court.
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