Eltman, Eltman & Cooper Announces White Paper on Judgment Collections

Eltman, Eltman & Cooper, the nation’s leading judgment enforcement firm, has published a White Paper addressing the reasons that most creditor grantors fail to collect on more than 80% of their judgments. The White Paper indicates that proper inventory management of a dormant judgment inventory can increase revenue from 20 to 40% over current passive methods.

The White Paper notes that most credit grantors do not segment legal collections the way they do other collection approaches and leave their judgments to a largely passive management. It contrasts this conventional post-judgment approach with a modern, active inventory management approach. The Paper examines the economic stalemate that arises between creditors and law firm that stalls an analytical, proactive approach to a dormant judgment inventory.

The Paper suggests a New Economic Paradigm where a third-party, expert in asset investigations, judgment inventory analytics, judgment collections and multi-state enforcement procedures, breaks this stalemate by undertaking the economic risk of unlocking the remaining value in dormant pools.

This presents windfall collections to creditors and their attorneys alike. The success of this program demonstrates the need for a new segment in legal collections, the Paper argues.

For more information or a copy of the White Paper, contact Caitlin Boyle at 212.660.3192 or cboyle@eltmanlaw.

EEC was founded in 1947, the firm has been a leader in the credit and collections bar in the New York metropolitan area. Since 2003, it has broadened its scope to become a national presence. EEC’s headquarters are in New York City and it manages a network of more than 50 other law firms practicing in some 30 states.