50% Cash Upfront For Judgments

Published: 18th February 2013
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At my company, every day I get at least ten calls or emails like this: "I want to sell a judgment, and I went to a website which said they pay seventy-five percent cash upfront for judgments. I sent my judgment to them, but they have not gotten back to me. They won't answer my telephone messages or emails. Thank you for responding so quickly. How much will you buy my judgment for?"

The problem is that many people want to believe a judgment is like cash. And, because of what certain web sites advertise, certain people are fooled into believing their judgments have considerable and automatic value.

Because some websites advertise they pay "the highest price" or 50 to 75 percent cash upfront for judgments; who wants to take the time to read and believe another web site which says that typical judgments sell for 1-7% cash up-front? Some judgments having rich debtors, can sell for a lot, however most debtors are not wealthy and most judgments sell for less than seven cents on the dollar cash up-front.

My articles are my opinions and are not, legal advice. I'm a judgment broker, and not a lawyer. If you need a strategy to use or legal advice, please retain an attorney. The amount that your judgment can get purchased for, depends only on the assets of the debtor. It does not depend on what you want, who you talk to, or which web sites you visit.

There's at least 3 reasons that web sites offering to pay fifty to seventy-five percent cash up-front, hardly ever acknowledge any judgment sent to them:

1) They are lying, because they have not ever purchased even 35% for any judgment; and in those very few cases when they've paid something, pay much less.

2) Their company model may be to entice lots of judgment owners from visiting reality-based judgment solution web sites, and then disregard every incoming judgment except those against really rich judgment debtors. When the judgment debtor appears to be poor or average, they won't respond to you. If your judgment debtor is wealthy, the amount they might pay at the most is exactly the same as what any other real judgment buyer would pay you.

3) On the internet, anybody can say or write whatever they want. "We pay you the most for your judgment", "We are a marketplace and will find a top-dollar cash buyer for your judgment", "Your judgment can be sold for (50-75%) cash upfront" and "We buy all judgments" are usually just lies.

To get quoted for a judgment, whether for cash upfront or on some future-pay contingency basis; you need to send a copy of your judgment and what you know about the debtor. There is no risk when asking for a quote, as your notarized signature is required to begin any judgment sale. Anyone not asking for the copy of your judgment and information about the judgment debtor, isn't qualified to recover or buy your judgment.

When something seems too good to be true, it usually is. If one has bad breath, real friends probably will privately tell you. Somebody who doesn't like you most likely will not tell you. When you want to be paid for a judgment anything above than what the debtor's situation will support; a friend will tell you a judgment isn't cash, and one should avoid paying attention to people and web sites that lie to you.

It is more fun to be paid five percent cash up-front for a judgment; than to receive zero, after wasting hundreds of hours shopping it until the judgment expires; or the debtor files for bankruptcy. Without exception, the best chance to get the most cash on your judgment is with a future-payment contingency recovery basis. If you do not need to assign your judgment, there is no risk in having a professional try to collect your judgment on a future payment contingency recovery basis.


One stop shopping judgment recovery: http://www.JudgmentBuy.com - The easiest and fastest method of finding the right expert to recover or buy your judgment. (Mark D. Shapiro) Enlightened judgment owners start with JudgmentBuy.

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