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FORMS
101-
Agreement
for Assignment
103-Transmittal Letter
104-Debtor Information
105-
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JUDGMENT ASSIGNMENTS
provide for a “split” of the Judgment face value (amount of the court award)
plus statutory interest or interest at a rate shown on the judgment. The
“split” is generally 50% for the judgment creditor and 50% for Financial
Service Company. Our share is currently allocated according to the following
schedule as the funds are received and verified. As Financial Service Company
matures and the scope of our activities, methods of operating the business and
objectives of the company including management and agents change these
percentages may change. The percentages shown is the amount of the companies
income currently allocated to the positions.
10% ~ SOURCING OF JUDGMENTS -
JOB DESCRIPTION
- TASKS AND RESPONSIBILITIES ~ Sourcing judgments or Court
ordered Support Payments, obtaining Signed Agreement for Assignment and
Assignment of Judgment, preparing activity reports. You will receive a
percentage of the payments on any judgments you secure as well as additional
business from that client as long as you are an active employee. Most of
this work can be done from home. This responsibility can be included
with
(% undefined at present) ~ LEGAL ASSISTANT - PARALEGAL
35% ~ JUDGMENT FULFILLMENT
- TASKS AND RESPONSIBILITIES
~ Locating the Judgment Debtor and Financial Assets, preparing the
documentation, arranging for service of process
15% ~
EXECUTIVE DIRECTOR - TASKS AND RESPONSIBILITIES ~
Oversight of all activities
including but not necessarily limited to management and administration of
operations, hiring, training and motivating staff and employees, preparation
of operating statements and balance sheets, and judgment sourcing and
fulfillment of his own account.
40% ~ FINANCIAL SERVICE
COMPANY - TASKS AND RESPONSIBILITIES ~
General Administration and Management of the Company, planning for
growth. The company will provide tools and resources, marketing not to
preclude the efforts of ICA, including web and periodical advertising, search
and background checks resources, legal, accounting and other professional
services.
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