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Friday, November 18, 2016

Can you sell a judgment against a company that changes names?

When a (judgment debtor) company changes names, it is very hard to sell a judgment for cash upfront. The reasons include there might need to be an alter-ego battle in court, etc. This is especially true on judgments for less than $20,000, because an alter-ego battle can cost thousands of dollars. 

Cash upfront judgment buyers do not pay anything more than a few pennies on the dollar unless the judgment debtor(s) have significant available assets showing. An example of available assets include where the debtor owns land, vehicles, has a large bank balance, etc.

Please do yourself a favor and consider future payment contingency recovery judgment collection; if your judgment debtor is sneaky, hides their assets, or changes their names.

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Mark Shapiro, judgment expert, judgment broker, judgment writer, and a smile chaser.
http://www.JudgmentBuy.com  

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