Show notes
Mark Shapiro of JudgmentBuy.com discusses Judgment Pricing and evaluations, and what judgment buyers are looking for.
Most judgment owners prefer to sell their judgments for as much cash upfront as they can possibly get. Because judgments expire, and judgment recovery depends on the judgment debtor, the economy, costs money, takes time, and is financially risky; every real judgment buyer is now very conservative about how much they will pay for judgments. In judgment sales, it is usually a buyer's market, because only one out of a hundred judgments can be sold to an actual judgment buyer for more than 1-7% of the judgment's face value. Mark discusses the judgment that actually sold for 35% cash upfront.
Most judgment owners prefer to sell their judgments for as much cash upfront as they can possibly get. Because judgments expire, and judgment recovery depends on the judgment debtor, the economy, costs money, takes time, and is financially risky; every real judgment buyer is now very conservative about how much they will pay for judgments. In judgment sales, it is usually a buyer's market, because only one out of a hundred judgments can be sold to an actual judgment buyer for more than 1-7% of the judgment's face value. Mark discusses the judgment that actually sold for 35% cash upfront.
