I contacted Shannon M. Wilt of North American Judgment Recovery Services in 2003 after viewing their website. I told her about a judgement, which was now worth about $10,000 with interest I obtained against an individual on 2/2/1994. With attorney's fees and annual interest, the judgement was now worth about $10,000. She agreed to help me recover the judgement.
We signed and "Agreement for Assignment" on 3/10/03. The agreement required me to assign the judgment over to and Shannon Wilt, President of the business. If she was able to collect the judgement, the recovered judgement would be divided 50/50. She immediately began searching for the individual's assets. She soon found that he owned a house in Broward County, Florida and began the procedure to file a lien on the property.
During the next year she called the judgement debtor several times and soon found out that he was having serious financial problems and his house was going to be foreclosed on. During the little over a year that she attempted to collect the judgment for me, we spoke on a frequent basis - either I called her or she called me to let me know the status of her collection attemtps.
Finally, the debtor agreed to pay her $4,000 in full to settle the judgment and Shannon Wilt called me to let me know that she would be receiving the money - sometime in May and she told me she would call me when she received the money. Several weeks passed, I left her messages and emails and never heard back from her.
A little over 30 days after the house was supposed to be sold, I checked the closing records on the house with the Broward County records department and found the name of the title company that handled the closing. I called the person who had handled the closing and she admitted to me that her company had in fact wire transferred the $4,000 to Shannon Wilt on May 18. I again tried to contact Shannon Wilt by phone, and email, however she never responded to my calls or emails. And the title company that handled the closing of his house, sent her a wire transfer of this money.
I have since found out that she has no business entity registered with the state, county or city that her business address in located in.in fact, further investigation revealed that her only address was a post office box at a UPS store and that she had no listed phone numbers.
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