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How to sell a debt judgment for cash

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How to Sell a Debt Judgment for Cash – Debexpert

Debexpert is back with more useful info for you! Today's article tells our readers about how they can sell their judgments for cash, how judgment collection agencies can help them with it, the best way to do it, and much more. If you have any problems and you're currently looking for the best solution, this ultimate guide is for you.

Can I sell my judgment for cash?

Despite having a successful claim, your judgment hasn't been paid out. Even if you have a judgment lien on your debtor's property, garnished their salaries, or levied their bank account, you might not have been able to get them to pay your obligation.

It might be particularly challenging to collect on a judgment for delayed payments when it is for lost wages or damaged property. Perhaps neither you nor the majority of collection agencies have the financial means to wait for the judgment debtor to pay up. However, some companies do have the financial capacity to pay you in cash now while you wait for the decision to be satisfied.

There is a catch, though. The entity responsible for collecting judgments does not cover the entire judgment sum. It occasionally only pays you a little percentage of the verdict and that’s all. The judgment collection company must profit from the difference between the amount it pays you and the amount it ultimately recovers from the debtor.

Depending on the debt's age, size, and current financial situation, you may be able to sell your judgment for cash for a certain sum. Choose the best place to sell your judgment by comparing offers from several businesses. In order to obtain the best selling price, you can also utilize a quote from one company as leverage against another.

To discover a company that will buy your judgment honestly, check for other qualities such as a reputation for fair dealing, recommendations from coworkers, and customer ratings.

I want to sell my judgment, but am I allowed to?

While wanting to sell their judgment, some people may be unsure about the law. The answer is yes, it’s legal. Similar to selling other personal property, any judgment may be sold. This covers civil judgments, labor board decisions, divorce court decisions, probate court decisions, and bankruptcy court decisions. You can sell a judgment.

By selling your judgment, you are absolving yourself of all responsibility in the case. The individual to whom your judgment is sold assumes your position as the judgment creditor.

Any actions taken by the judgment buyer after you sell your judgment are independent of you. They will bring all judgment enforcement actions only in their own names. No part of their conduct will be your responsibility. In reality, a person who enforces judgments will have indemnification clauses in their purchase agreement.

Here's the best tip we can provide you with: get in touch with a judgment buyer if you want to avoid the legal hazards of trying to collect your judgment..

How much can I sell a judgment for?

Source: Scott Graham/Unsplash

Most judgment sellers expect to receive more money than their judgments are actually worth. Although every judgment is unique, you can use a few general guidelines to obtain a good idea of how valuable yours is. In order to give you an offer, anyone who buys judgements for cash will take into account the following elements.

Whether or not you employ judgment collection agents, it could be impossible to collect your judgment if the debtor has no cash on hand or other readily apparent assets. Do not anticipate receiving a financial offer for your verdict.

If the debtor has a stable job and has never filed for bankruptcy, you might be able to sell your judgment for money. However, you shouldn't anticipate getting more than a few cents on the dollar for your judgment. A judgment collection agency that will compensate you when they recover is more suited to use your judgment.

However, there is a significant chance you can sell your judgment for cash right now if the judgment debtor possesses real estate with equity. A judgment buyer will make a cash offer for your judgment after taking into account the value of the real estate, deducting the costs of enforcing the judgment, adding a margin for error, and covering expenses.

Your judgment may be offered in cash for pennies on the dollar up to 50% of the original judgment value, depending on the circumstances mentioned above. Be wary if you come across a judgment buyer claiming to pay more than 50% cash for judgments. Before a judgment collection company buys your judgment, it will conduct extensive due diligence before agreeing to purchase your judgment for more than a few cents on the dollar.

Why are most judgments worth pennies on the dollar?

The majority of judgments sell for pennies on the dollar for the following frequent causes:

  • Bankruptcy has been declared by the debtor;
  • The debtor has Poor employment history and no assets;
  • The debtor is the subject of other judgments;
  • You might easily have your default judgment overturned.

Any judgment's likelihood of being upheld is not guaranteed. Judgments are not cash, as you should be aware, and their value is completely based on the value of the debtor's assets.

How can you maximize the worth of your judgment?

Identify judgment debtors! Any knowledge you have about the debtor who is the subject of your judgment could raise its value. Names, aliases, addresses, ages, social security numbers, employment information, and relatives are all useful. List any property or enterprises you believe the debtor to be the owner of. The more assets the debtor has, the more likely Judgment buyers aredesire to pay cash for the judgment.

Second, don't underestimate how long it will take to receive money from your debtor. It may happen today, tomorrow night, in a year, in ten years, or never. Maximizing value requires patience. However, working with a judgment collection agent will improve your chances of getting your judgment sooner than you anticipate.

How do I sell my judgment to a collection agency?

Source: Kelly Sikkema/Unsplash

The simplest approach to get your money back is to sell your judgment. Even if you were successful in your claim lawsuit, it may have been a waste of time and effort to sue your debtor because the courts are not very helpful in getting your money back.

What should you do after winning your claim lawsuit, then? A judgment can be sold to a judgment collection company for cash.

The procedure of selling your judgment is quick and simple, regardless of whether the judgment collecting agency pays for the judgment in cash up front or on a contingency basis: Two one-page forms to sign and return will be sent to you by the judgment buyer overnight. There will be a check included if you are selling your money judgment. Selling your judgment is limited to just that. Cash your check after twice signing your name.

Where to find judgment buying collection agencies

The significance and function of a judgment broker must first be understood. A judgment broker is a company that assists judgment creditors in finding the best expert to buy judgments promptly or collect them. Judgment brokers match judgment owners with judgment buyers, layers, or enforcers, who then assist the original judgment purchasers in collecting the money they are owed. In the United States, there are countless judgment buyers and recovery experts. Due to their familiarity with the past performance of judgment buyers and judgment recovery firms, judgment brokers are essential. They are completely aware of what works and who can produce the finest outcomes. If you contact a reputable broker, you will soon be obtaining quotations from several businesses for your consideration. When negotiating for better selling conditions, use the quote of one company as leverage against that of another, because the offers will differ. Always request a contract before allowing a business to purchase your judgment. The agreement should be clear-cut and provide basic conditions for conducting business. Spend time reading it thoroughly to ensure the buyer will not return.

Judgment marketplaces

There are many marketplaces designed to address your issue. A well-known judgment marketplace,, is a nice example, where judgment buyers and sellers can connect. You can find individuals who own businesses, consumers, or corporations who have placed judgments for sale there. Here, collection companies and attorneys gather to find judgments to purchase. Keep in mind that a marketplace for judgments seeks to connect buyers and sellers. It serves as a hub where many judgments can be found. The site is most helpful to people who wish to sell their judgments, and it also provides business for law firms and judgment collectors. This is a great location to purchase and sell judgments.

Search through the Internet

If you're going to use the Internet, make sure you use consumer reviews as a resource. They will offer you a sense of how the business interacts with its clients. Look for indications of honesty and expertise on their website. Make sure to enquire about their purchase rates and whether they make sense for you when you get in touch with the firm of your choice.


It's helpful to get recommendations from lawyers, financial planners, friends, and family. They could be privy to information about the business you're about to transact with. As you make your choice, take notice of the information that has been provided to you.


Source: Saúl Bucio/Unsplash

We sincerely hope we've helped you to get a full understanding of judgments, as well as how to sell them for cash, and how to do it properly to avoid all the possible difficulties. To get more key details, don't forget to turn to our FAQ list and look through all the common questions people ask. Thank you for reading! And keep our helpful guide on hand just to be on the safe side.




Can I Legally Sell My Judgment?

The answer is yes. Similar to selling other personal property, any court judgment may be sold.‍

What Is A Judgment Debt?

A court case's official verdict is known as a judgment.‍

What Are The Benefits Of Selling Your Judgments?

By selling your judgments, you're able to get the following benefits: you'll save time, energy and your money. You'll avoid all the stress, stay focused on your business, simply move forward.‍

What Does It Mean To Buy A Judgment?

Judgment purchasers have the option to purchase judgments, recover the debt, and do it without the assistance of the original judgment creditor. Expert judgment purchasers purchase judgment for 1% to 3% of the value of debts that seem challenging to collect. This could occur as a result of the debtor not having a clear method of paying back the debt.‍

What debt are we selling

We specialize in car, real estate, consumer and credit cards loans. We can sell any kind of debt.

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