Shawn Porat
๐ค SpeakerAppearances Over Time
Podcast Appearances
So most people think that, Hey, I went to court.
I got a, I got a $5,000 judgment.
That's it.
I'm going to get paid.
from this debtor, but four to five times, you don't see a penny.
No, neither.
Just because the creditor doesn't know how to get the money out of them.
And they're not willing to just fork over the money right away.
And that's, that's a huge issue in this country that nobody talks about.
And because we captured these records, these judgments, just in this one County, for example, we found $8 billion just in one County.
Um, that's yet to be figured out, but we're learning a lot.
Yeah, no, it's, you know, capture.
It depends on what sense you capture the creditors, try and help them collect.
Do you try and educate them on how to collect this, how to collect their judgments?
Do you try and push, you know, the court systems to fix, you know, what they're doing?
Because something is something's not going well here.
And we're trying to actually figure out the scope of the problem in this country.
I mean, if one county has $8 billion uncollected, we're talking about a multi-trillion problem in this country.
And no one's talking about it.
So we've raised $250,000 in sort of a pre-seed angel round.