Q: I am thinking about purchasing a judgment portfolio and I remembered you are or were selling them, meaning you're familiar with them. What price should I pay on the dollar for a portfolio of judgments?
A: We rarely get judgment portfolios, we usually get them one at a time. My best advice is to rate them from A to F, based on your research tools and come up with a price. Those with judgment portfolios for sale often shop their judgment portfolio around. Prices paid upfront for judgments depend on each of the
available judgment debtor assets, including property, income, age, etc
on the debtors.
The average judgment buyer pays 1-3 cents on the dollar, the average seller wants 50-95% cents on the dollar, causing much frustration. Even now, there are attorneys telling their clients they can sell their judgments for 50 cents on the dollar, a lie. Judgment prices depend only on available debtor assets.
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Mark Shapiro, judgment expert, judgment broker, judgment writer, and a smile chaser.
http://www.JudgmentBuy.com
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