Selling Your Judgment to a Collection Agency
Winning a judgement seems more like losing if you never see a penny of it. You may have thought, “what is the point of selling my judgment to collection agency?” You want to see justice served, but you have doubts. The reality is that many people are better off compromising. See if you should hire a professional to buy the judgement and take it off your hands once and for all.
The Difficulty of Collecting Judgments on Your Own
You have heard stories about people who go to court and receive large judgement. Then, you hear about the ones who were never able to collect their judgement. If you have gone through the troubles of appearing in court and won the case, you deserve the award. The losing party may be purposefully making it difficult to collect. This person may move from one state to another or not have enough money for a garnishment.
It is also difficult because courts can only do so much. The court passes the judgement on who is right and who is wrong. Many courts do not take the extra step to enforce their judgments. You will have to go through the courts again or hire a third party to handle the enforcement process. Either way, you will have to spend more money and still may not get the award you want.
Sell Your Judgement to a Third-Party Enforcer
If you have given up on collecting your judgment, consider selling it for cash. Find a company that specializes in buying judgments for fast purchases. Review their track record of how many customers they have helped and how much money they have given.
Many people are tired of chasing after people who owe money. After a few years, it is easy to call it quits. However, many of them do not know about alternative options. Sell your judgement to receive an immediate payment or hire a professional to collect the money. Either way, make sure you work with a company that understands the predicament of you and millions of others who need to collect.
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