As a rule, debt buyers who buy judgment are law firms or large collection agencies that purchase debt or debt buyers with a solid legal department.
Most often, these buyers look at judgments in those states in which they have licenses to work. Because the recovery by judgments will be linked to the courts, this leads to clearly expressed geographical preferences. Therefore, it is better to sell judgment portfolios by state, so it will be possible to attract the most significant number of judgment buyers.
When selling judgments, buyers will conduct due diligence and look at the judgment amount, interest, court location, and statute of limitation for each judgment.
The list of judgments buyers is given below:
