Our Credentials & Regulatory Compliance
We operate with full transparency. Below is a detailed breakdown of our licensing, regulatory standing, and professional standards — so you can work with us with confidence.
FDCPA & FCRA Compliance
Great Lakes Strategic Capital exclusively purchases and enforces civil, non-consumer judgments. We do not purchase, collect, or engage with consumer debts governed by the Fair Debt Collection Practices Act (FDCPA) or the Fair Credit Reporting Act (FCRA).
Every case submission is screened for consumer-debt characteristics prior to acceptance. If a judgment involves personal, family, or household debt — it is declined.
This bright-line policy ensures our clients and debtors are never exposed to compliance risk associated with consumer debt collection law.
Licensed Private Investigative Services
Our principal, Wayne S. Bisard, holds an active Michigan Private Investigator (PI) license. This credential underpins our asset investigation process — enabling us to locate debtor assets, business holdings, real property, and financial accounts through legal, licensed investigative methods.
PI licensure requires background checks, bonding, and adherence to strict professional and legal standards. It is a regulated profession in Michigan governed by the Department of Licensing and Regulatory Affairs (LARA).
Our investigative capability is a core competitive advantage — allowing us to assess collectability before making purchase offers.
Nationwide Judgment Enforcement Compliance
We operate nationwide. Each jurisdiction has unique rules governing judgment renewal periods, post-judgment interest rates, lien filing procedures, and enforcement mechanisms (garnishment, levy, etc.).
We maintain current knowledge of each state's civil procedure rules and work with local counsel where required to execute enforcement actions lawfully.
Clients receive disclosures regarding the governing state's laws as part of our assignment documentation.
Veteran & Law Enforcement Background
Great Lakes Strategic Capital was founded and is led by a U.S. military veteran and former law enforcement professional. This background shapes our commitment to ethical conduct, disciplined process, and public service values.
We bring the same accountability and integrity that governs law enforcement operations to the commercial judgment recovery field.
Assignment Documentation & Legal Transfer
Every judgment purchase is completed via a legally binding Assignment of Judgment agreement. This document transfers your rights as creditor to Great Lakes Strategic Capital, freeing you from further collection obligations.
We provide all assignment documents for your review. You are always encouraged to have your own attorney review any agreement prior to signing.
Notarization and court filing of the assignment is handled by our team where required by state law.
No Upfront Fees — Risk-Free to Sellers
We bear 100% of the collection risk after purchase. There are no fees, retainers, contingency charges, or costs of any kind charged to the judgment seller.
Our business model is straightforward: we buy your judgment at an agreed price and then assume all responsibility for collection. If we don't collect, that is our problem — not yours.
Legal Disclaimer: Great Lakes Strategic Capital is not a law firm and does not provide legal advice. All judgment enforcement activities are conducted in compliance with applicable state and federal laws. Submission of judgment information does not guarantee purchase or acceptance. Past results do not guarantee future outcomes. Licensure information is provided for transparency; verify current licensing status independently if required.
Ready to Get a Cash Offer?
Submit your judgment details for a free, confidential evaluation — no obligation, no upfront cost.