The Mortgage Notes & Debt Blog

Your Ultimate Resource for Mortgage Notes and Debt Insights

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How to Sell a Judgment to a Collection Agency

Sell Your Judgment: Easy Cash with Collection Agency

Sell Judgement to Collection Agencies Selling a court judgment can be a strategic move for creditors. It offers a way to convert a legal win into immediate cash. This process involves transferring the right to collect a debt to a collection agency. Collection agencies have the expertise and resources to pursue debtors effectively. They often purchase judgments at a discount, providing liquidity to the original creditor. Understanding the judgment sale process is crucial for a successful transaction. Not all judgments are eligible for sale, and various factors can affect their marketability. Choosing the right collection agency is essential. It ensures a fair deal and maximizes the potential recovery....