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Correct! The individual is d/b/a Asset Judgment Recovery. He basically purchases the judgment one of two ways. First option is to pay 50% of whatever is collected to the original judgment creditor. Second option is to purchase the small claims judgment for a lower amount than original amount.
In both cases, an Acknowledgment of Assignment is filed in the court system to "transfer all rights, title, and interest" to Joe Smith d/b/a Asset Judgment Recovery. Isn't that considered UPL in the State of Florida?
How else would one transfer a judgment, especially using the second option?
The original judgment creditor completed the judgment process pro se...
Therefore, no attorney fees are involved with the exception of reimbursement of filing fees, interest rates, summons fees, etc.
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