Congratulations! You won your judgment, and you are ready for payday. As time goes on, however, you realize that winning was the easy part. Getting the money, on the other hand, is not so easy. You start to wonder if you will ever get paid. You then ask yourself, “Can I sell my judgment for cash?”
Selling Your Judgement
You may not have the time or resources to pursue the money from your judgment, but some companies do. These companies often offer fast cash for a heavily discounted value of the judgment. Others will pay you on a contingency basis only after they collect the debt.
Can I Legally Sell My Judgment?
It is perfectly legal to sell your judgment! As with other forms of personal property, you can also sell any judgment, including civil, divorce, probate, and bankruptcy judgments. When you sell your judgment, the buyer becomes the new creditor, and anything done to enforce the judgment is separate from you. Most purchase agreements include this indemnification clause.
How Do I Sell My Judgment?
The process is usually simple. First, the buyer completes an assessment to determine how much they can reasonably expect to recover. Then, they offer you a portion of that amount. The purchase amount depends on the type of debt, the age, the amount, and the debtor’s financial status. You may expect to be paid a lot for your judgment, but most judgments sell for 1-6 cents on the dollar. Many creditors, however, see this as guaranteed cash for a debt once considered a lost cause.
Once you accept the offer, the buyer sends an agreement. If you sold your judgment for cash on the spot, the buyer includes a check with the purchase agreement. Congratulations! You have now sold your judgment!
Tips for Selling Your Judgement
Compare offers and then select the best buyer. You can leverage offers from different companies against each other. Furthermore, look to deal with reputable companies that fairly buy judgments.
Winning a court judgement is only half the battle, the next battle is to retrieve your money from the debtor. Just because the court signs the document stating that you won, doesn’t mean it’s the end of road. Since collecting judgment is a lot of harder than it looks, here is some advice on selling your roofing contractor judgment.
The Court Has Limitations
The court has limits as to how far it goes to collect money for your judgment. They cannot give you advice on the next steps to take or help you in the process of collecting.
Contractor Judgement Collecting Yourself Is Hard
Doing all of the work to collect a judgment by yourself is always a difficult challenge. Many laws are put in favor of the debtors, not the creditors. A debtor can move without telling anyone and become impossible to track down. In some states, only non-exempt property can be collected but not exempt property. In some cases, the debtor is not employed or does not have enough money to repay the judgement, making it nearly impossible to collect.
You Need Money Right Away
Selling your judgment for cash is recommended when you need money right away. However, there are some scam deals to be careful of when you review buyers. Do your research to decide which buyer to work with and which rates are fair to you and your efforts.
Selling May Be the Only Option
Trying to enforce the law could turn into a nightmare experience, even if you are a lawyer. You may need to pay more lawyers, private detectives, sheriffs and process servers. Your best option may be to contact a contingency buyer who specializes in buying roofing contractor judgments.
Without doubt, you can see how important judgement collection is to your bottom line. Moreover, you know the process of pursuing a debt and getting paid can be daunting and stressful.
How often have you got paid after winning a settlement through arbitration or litigation for which you fought hard and long to obtain in the court system? If you are not successful in getting your money fast, you ought to consider a viable option: judgement collection.
Judgement Collection Made Easy
As a creditor with a post-arbitration award or post-judicial judgment entered against a person or business, you understand getting the money you are owed can be frustrating and time-consuming. To facilitate the process of collecting your money, it is imperative that you consider a business to which to assign your post-arbitration award or post-judicial judgment for collection. Or, sell your settlement for FAST CASH.
Contrary to popular perception, not all judgment enforcement businesses are alike. In fact, some businesses that buy judgments or accept assigned judgments are actually unethical operators of fly-by-night businesses with which you must avoid and overlook.
Instead, seek out a financially stable company to which you can assign or sell your judgment(s) with peace of mind, knowing that you will get your funds immediately without any issue or stress.
Contact Us at Creative Judgment Solutions, Inc.
We specialize in judgment enforcement and recovery at Creative Judgment Solutions, Inc. — where we operate as a sound business, not a fly-by-night hobby. Having helped and served our clients for over 50 years, we know the process of getting paid can be frustrating, and we are sorry to see that valued clients like you are struggling with unpaid judgments.
Since we take judgment enforcement as seriously as you do, we would like to be assigned or purchase your judgment(s).
Whether you have a large portfolio of judgments or a single judgment, let the professionals at Creative Judgment Solutions, Inc. make judgement collection easy for you. Get your free quote now.
At Creative Judgment Solutions, we have a proven track record when it comes to fast and efficient court judgment collection. Perfect for single judgment cases or individuals with multiple judgments to collect, Creative Judgment Solutions is your ultimate solution. Do not waste your time dealing with parties who refuse to supply the payment that is rightfully owed to you. Instead, let us take care of these situations for you; we can have the judgment to you in no time at all with little to no work required on your part, which is what our clients like.
With Creative Judgment Solutions, we can easily work with all types of collections that might come your way for various reasons. Anything from unpaid rent, borrowed money, hospital bills, credit card debt, or even anything dealing with a repossessed vehicle, we have the solution that will work best for you.
Creative Judgment Solutions offers a few options when it comes to court judgment collection. One option is to simply sell a court judgment to us. That way you get the problem out of your hands so you don’t have to worry about it — we’ll take it from there. You can either call or send us the judgment — we even accept judgments submitted through the online form on our website. With us, you also have the option of assigning judgments on what works as contingency basis, which means if there is no collection from the owing party then there is no fee owed to us on your part either. In this instance, we work on a commission basis — the only situation in which we get paid is a situation in which you get paid also. Since our commission rates do tend to vary, free quotes are available from our offices before you decided how to proceed with any of your claims.
With principals that have been in the business for over 50 years, we know how to best handle the situations that so often catch people off guard when it comes to reclaiming money and funds that are rightfully owed to them.
Many people feel a sigh of relief when a court grants a judgment against a debtor. However, the truth is that the hard work has just begun to collect on an old debt. Collection laws vary from state to state, but there are few ways of quickly collecting on a judgment. Wage with holdings typically only result in small payments over time, liens against property will not result in money unless the property is sold and most debtors do not have enough valuable personal property that can be seized to pay off a debt. Even worse, some debtors frequently move, creating a hassle for a creditor to keep track of where the debtor is living. In many cases, a creditor may have to chase the debtor across the country to collect on the judgment. These are just a few reasons why enforcing a judgment is so difficult.
Using a Debt Collector
For most creditors, the best course of action to collect a debt is through the use of a debt collector. A professional debt collector will be able to take fast action to collect on a debt. We do this by using legal means that are proven to work. One of the fastest ways to collect on a judgment is simply sell the debt to a debt collector. By selling a debt, a creditor can put some money in his or her pocket and stop worrying about the debt.
The collector who buys the debt will then become the owner and will be responsible for the collection. As most judgments will never be collected on, and many that are paid will be settled for less than the full amount, selling a debt makes a lot of sense for individuals and business that simply want to move on from a bad debt. Selling a debt can be especially beneficial for a business. By selling the debt the business can reduce their losses. Then they can get back to focusing on growing the business. No need to waste time working on enforcing a judgment.
Winning a court case does not exactly lead to winning results. Receiving a judgment in your favor is only one half of the problem – the other half is collecting. Like most people, you could spend years struggling to obtain money that you won legally. For one less burden, transfer your judgement collection to a company that eases the unnecessary hassles of collecting.
Reasons for the Hassles
There are a few common reasons why collecting is difficult or impossible. The most common reason is that debtors refuse to acknowledge the judgement. They deliberately avoid wage garnishments by filing for a suspension, hiding money or changing personal information. Many debtors want to pay the judgement, but cannot due to lack of money or employment. When no wages are made, the process of wage garnishment is impossible to carry out.
Solutions to Collecting Problems
Selling your judgement is the fastest, easier solution to receive your money. The statistics show that most judgements are never collected, so selling is the only solution available to most people.
Forgetting about the judgement is never an option. Even if the debtor dies or changes his or her identity, it’s still possible to collect the money. There are options to settle any judgement regardless of the amount of money involved or the age of the case.
There are companies willing to buy the judgement off your hands. You no longer have to deal with the hostile, stubborn acts of debtors who refuse to pay. Even experienced collection agencies spend years trying to track down difficult debtors.
When you sell, you never have to reenter the courtroom and file a new case or get into contact with an old lawyer. For people who have walked in and out of courts for years, selling the judgment is instant relief to a long-term problem.
Like most people, you feel elated when you win a court case, but that good feeling wears off quickly. Soon enough, you realize that the ordeal is far from over. After spending years waiting in court, there is no reason to continue waiting for results. Submit a free online quote on your judgement collection, which includes the necessary court documents, and receive the cash immediately.
Offering Your Judgments For Sale is the Fastest Way to Get Your Money
Judgment Collections Agencies
Judgment collection agencies are experts at forcing people to pay what the court ordered them to pay. This is good because most people look at their judgment order and wonder what is going to happen next. After all of the time and money that you have spent trying to comply with all of the rules and requirements of the legal system, you end up with a piece of paper of questionable value. It is unfortunate, but most people don’t understand how to turn a court judgment into actual money. This is where a professional judgment recovery business can solve all of your problems.
A judgment collections company will offer you several options to choose from in order to turn your judgment into cash. The first option is to sell your judgment to a judgment enforcement company. In this situation, you sell all of your rights to the collection company and then they can try to collect on the judgment as if it was their own. The amount of money that you get paid for your judgment depends upon a several factors. Judgment collections companies evaluate judgments for sale based on factors including the amount and age of the judgment and financial status of the debtor.
If you don’t want to sell your judgment, you have the option of consigning the judgment to a collections company that will attempt to get you your money in exchange for a set fee. This is a good option because it saves you all of the hassle involved in tracking down the debtor and his assets. No matter what, it is always better to let a company with the knowledge and expertise in collecting judgments do the work for you.
Sell Judgement to Collection Agency to Cut Your Losses
For businesses of all sizes, there may be a time that you must take someone to court for the money they owe you. This often leads to a judgement settlement. However, it does not mean you will receive your money. A judgement is simply a legal document showing that the person owes you money. Many businesses often choose the option to sell judgement to collection agency so that they can cut their losses and move on.
When you sell judgement to collection agency, the collection agency will actually pay you for a certain percentage of the value of that judgement. This means that when the collection agency pays you for the judgement, you no longer have to worry about trying to collect any money. If the collection agency is able to collect money, they keep it. If they do not collect the money, the collection agency is out the money they paid to you.
Many businesses find that by choosing to sell judgement to collection agency, they are at least able to cut their losses. Businesses receive a portion of the money that is owed to them. No company wants to lose money, but you have to consider the possibility that you will never collect on that debt. Collection agencies are experienced in such matters, so they stand a better chance of actually collecting on the judgements that they purchase.
Deciding to Sell your Judgement
The decision on whether to sell judgements to a collection agency may be a difficult one for your business. Therefore, some things to consider on whether you wish to sell these judgements include:
- how long the judgements have been in place
- whether you have been able to contact the person who owes you money
- and how much money is actually owed to your business.
Businesses often do not have a choice regarding their judgements. They need money now and. Even if you sell your judgements to a collection agency, you are still collecting a portion of what is owed to you. Only you can determine whether or not it is in your best interest to sell the judgements to an 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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Why Should I Sell My Judgment?
Putting your time and energy into trying to collect a judgment can be quite stressful. You don’t need to have collections on the agenda with all the other duties have to honor every day. One thing you can do to alleviate stress and put money in your hands is sell your judgment to us. You’re probably thinking right now, “How can I sell my judgment? That is impossible!” Nothing is impossible, however, and we will show you by providing you with the funds that you need in a time of struggle. We are a California-based company that has always worked hard to collect the judgments that our clients never again thought they would see.
How It Works
The process of selling your judgment to us is not an exhausting project at all. You can receive a free quote by completing a brief online form on which you provide us with some information about your case. We would like to know the case numbers, the parties involved and the amount of a judgment that you received as an award. What we will do is look at your case and determine a figure that we can offer you to take the judgment off of your hands. If you agree with the amount that we offer you, then just say yes to us. You do not have to accept if you do not agree with our offer to you.
The Benefits of Selling Your Judgment
Many benefits come when you sell your judgment to us. First, you no longer have to track another person down. All you have to do is take our lump sum payment and rid your mind of the burden. Secondly, you can use the funds you get from your judgment for anything that you so desire. You can pay bills, make repairs, buy office furniture or go on vacation if you so desire. It is yours to do with as you very well please. Are you still wondering, “Should I sell my judgment?” Call us now and discuss it further at 800-500-4345.