Judgment Exchanges

I am not a lawyer, I am a Judgment Broker and referral expert. The web has enabled several new ways to list a judgment for sale, collection, or even to trade. There are three types of judgment listing web sites.

One model of a web listing service is a "Judgment Marketplace", where you can buy, sell, and trade civil judgments.

At such a site you can register for free, and they list your judgment free at a "buy it now" price. You pay pays a fee of five% when a judgment is sold. You can also trade your judgment for a fee of 5percent of the difference in the selling price of 2 judgments. The second type of listing service is a "Judgment Money Exchange", where you can buy and sell money judgments.

At such a site you can register for free, and they list your judgment for sale to the highest bidder. You may set a reserve price for a minimum bid, and a "buy it now" price.

One may pay for an enhanced listing, and you then pay a final sale fee when your judgment is sold, between zero and five percent, depending on the final selling price.

The third model of listing service is a "Judgment Broker", where you can buy and sell civil judgments, and also get paid for locating judgment leads.

At such a site, (there is only one actual and original Judgment Broker company) no registration is required. For free, they list your judgment(s) for sale, or for regular judgment recovery, which always gets you a lot more money on a future-pay basis.

A Judgment Broker is a listing and referral service, so you can specify what you want - cash up front, more money within a fixed (short) time period, or a lot more money on a future-pay basis.

Listing and selling a judgment is always free. The buyer or recovery expert pays nothing up-front, and agrees to pay 10% of any possible (eventual) net profit to the Judgment Broker. Half the 10percent is always paid to the referrer of the judgment lead, meaning the Judgment Broker keeps 5%.

All judgment listing sites require one to have a copy of your judgment and some information about the debtor, because only a debtor or a debtor's available assets, can pay to satisfy a judgment.

The most common problem with using judgment listing sites, are that most judgment owners believe their judgments are more valuable than the market is actually willing to pay for them.

Judgments are usually sold at a steep discount. Most judgments that sell for cash up-front, usually sell for 1 to ten percent of their original (theoretical) value.

The reason most judgments sell for very little cash up-front is that most debtors have few assets. Another reason is that anything can happen.

Debtors can file for bankruptcy protection, lose their homes, jobs, get sick, or die. Some debtors are experts at avoiding creditors.

In many ways a judgment is like a painting. It might have sentimental value and look nice, but its value depends on the market, which means the price depends mostly on who painted it (who your debtor is).

If your judgment has a wealthy debtor with massive available assets, you can sell the judgment for more money cash up-front. In this situation, you can also get paid more, and get paid more quickly, on a future-payment basis.


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Mark D. Shapiro - Judgment Referral Expert - http://www.JudgmentBuy.com - where Judgments go to get Purchased or Enforced! We help everyone make money!