Exchanging Civil Judgments for Upfront Cash

Convincing a judge to award you a judgment on an outstanding debt may seem like a small victory. You realize that the judgment may mean nothing if the debtor has few if any assets to his or her name. Even if you know about assets the debtor possesses, you still have to pay court fees for putting a lien or levy on them.

Rather than put out any more money on a case that has cost you hundreds or thousands of dollars, you may simply find it best to sell the debt to one of the companies that buy judgments. A company that can give you cash for the judgment on property could help you close the case entirely and move on with your life. Before you sell a judgment lien on real property, however, you may want more information about the process.

A company that offers you cash for a judgment lien on real property may be able to give you most or all of what you are owed. The process is similar to factoring invoices and accounts receivable for businesses. In exchange for you selling the judgment or lien that the court awarded you, you get upfront cash at a slight discount than the total sum of the debt.

The company then takes possession of the debt, relieving you from the hassle of trying to collect on it. You no longer have to worry about whether or not the debtor is hiding assets or has money to pay you. You have the cash you need in hand so you can get on with your life.

You also can get the cash you need from debts owed to you in a relatively short amount of time. It may only take a matter of days for the business to verify the debt and pay you for it.