I am not a lawyer, I am a judgment referral expert (Judgment Broker). I talk or email with at least 50 judgment owners every day.
Everyone wants the most cash for their judgment right now. Some ask for the impossible, for example 50% cash up front, or a future-pay recovery charge of 10% to enforce their judgment. In this article, I discuss how to really get the highest price for your judgment, as fast as reality allows.
There are only two ways to sell a judgment - either for
a portion of the listed value of the judgment, paid
after it is recovered from the debtor, or for much less cash up-front. Either way, when you sell your judgment, you are done with it, you will not have to spend any more time or money trying to recover it. You can then move onto more fruitful ways to spend your time and money.
A judgment is worth, at most, most of what a debtor can be convinced, persuaded, or forced to pay. If the debtor has nothing the judgment is worth almost nothing upfront, and you are better off with a future-pay judgment recovery specialist. Even then, the judgment might be worth nothing, or it could be worth something in the future.
About the Author:
Mark D. Shapiro - Judgment Referral Expert - friend to all Judgment Enforcers and contingency collection attorneys: http://www.JudgmentBuy.com - where Judgments go to get Purchased or Enforced!