Selling Your Judgments for Cash: Why It’s a Smart Decision
Getting a judgment is fairly easy: actually satisfying the judgement is the hard part. You can’t choose who owes you money and you’re more likely than not to end up with a judgment that isn’t worth anything if the debtor has no wages to garnish or assets to seize. Collecting on a judgment also requires a great deal of legwork. By selling your judgment for cash, you can pass on the risk of never collecting anything on to someone else while getting money upfront.
Benefits of Selling Judgments for Cash
It’s true that you won’t get full value when you sell your judgment, but one of the biggest benefits is passing on the risk of never collecting. This is a very real risk, as about 80% of people never collect anything on their judgment. By selling the judgment, you will be guaranteed at least some cash value from the judgment rather than being left empty-handed.
The cost and time necessary to collect on the judgment will also be passed on to the buyer. Most judgment buyers hire someone else to complete the execution process at a cost of up to 50% of the collected amount.
Selling a judgment is also easy and painless. If your judgment qualifies, you can quickly get an offer to buy it within hours. You will receive the proceeds upfront and the right to satisfy the judgment or seize the debtor’s assets will pass to the buyer. The entire process can be completed within a couple business days to save you the hassle, expense, and risk of trying to collect on the judgment yourself.
Once you sell the judgment, you are completely done with it and you will never need to spend more time or money trying to recover, even if the buyer is unable to ever collect a dime.
Start Selling Your Judgment Today
About 80% of judgments go uncollected. Why take the risk that yours will fall into that category? By selling your judgment, you will receive a guaranteed and immediate payout on the debt without the hassle of the expensive and time-consuming enforcement process. Contact us today for a free quote to buy your judgment and turn that piece of paper into cash.
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