Future Pay Judgment Buyers

I am not a lawyer, I am a judgment matchmaking expert (Judgment Broker). This article covers the future-payment concept for civil money judgments. Future-pay means one gets paid later, after money is recovered, instead of cash up-front "now".

Every judgment, is just a piece of paper until available assets are found, and the judgment is successfully and eventually enforced. If the debtor has lots of available assets, you will probably get some money back quickly, however nobody can or should guarantee that.

Judgments are not cash, they are chances for future cash. Judgments are expensive and difficult to enforce, and their recovery depends entirely on the debtor to repay them. Bankruptcy or other factors can make a judgment worthless.

Many people with judgments wish to sell them for cash up-front. The problem is that nothing is guaranteed in judgment recovery. Because of the risks of not recovering anything, most judgments sell for 1-10% of their face value on a cash up-front basis.

Future-Pay lessons the risk for the judgment enforcement expert or lawyer. Because of the reduced risk, they can later pay you a much higher price for your judgment, usually about fifty percent of whatever can they recover from your judgment debtor. Everyone would rather have cash up-front, and that may be possible, especially if your debtor has a large amount of available assets. However, the reality is that most judgment debtors do not have obvious available assets to pay off a judgment. Almost always, future-pay gives you the best chance of getting the most money for your judgment.

Future-pay allows the judgment recovery expert to be patient and wait for the debtor to acquire some assets. Even a poor debtor might inherit money or a house, win the lotto, or get a job - anything might happen. A cash up-front buyer assumes all the risk, and cannot count on anything changing with the judgment debtor.

With most judgment recoveries, money is recovered in chunks, either via a payment plan, or sheriff levies of the judgment debtor's assets. Usually money is not recovered easily, or in one payment.

It can take many years and a lot of work to collect a judgment - so even if you get cash up-front for your judgment, the money is always collected later on a future pay basis.

When a judgment buyer or a judgment enforcement expert is local to your debtor, that increases the likelihood of getting cash from the judgment debtor. With Future-pay, you then get (e.g.) 50% of the collected money (sometimes including interest) paid to you.

Many people agree that (e.g.) 50% later (often including future accruing interest) is better than a tiny fraction offifty percent "now".


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Mark D. Shapiro - Judgment Broker - Free leads for contingency collection lawyers.
http://www.JudgmentBuy.com - is where Judgments quickly get Purchased or Recovered by the best!