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How It Works Start List Judgments or Portfolios for Sale Receive Letter of Interest Receive Offers, Make Counter-Offers, Accept Offers Confirm Payment Filing an Assignment of Judgment Buyer's Confirmation of Assignment of Judgment Leave Feedback for Buyer

1. List Judgments or Portfolios for Sale

This is the step where you post your judgment or portfolio (of many judgments being sold as one unit) for viewing by our members. You will be required to place a buy now price which is the amount of money you would accept for immediate sale of the judgment. We strongly urge you to price your judgment within the recommended pricing guidelines listed in the lower right corner. Those guidelines are scaled based on common historic sale prices for judgments. For a fee, we permit our Sellers to set a judgment at any price. The fee is designed to discourage Sellers from setting the bar too high on their asking price. The reason we discourage Sellers from overpricing their judgments is because we do not want to discourage potential Buyers from feeling as though our Sellers are wholly unrealistic in their expectations. If that were to happen, Buyers would stop coming back and everybody loses.

In addition to setting an ask price, we encourage Sellers to be as detailed about the judgment and/or information available on the judgment debtor as possible. This is your chance to market your judgment. We also encourage Sellers to upload a copy of the judgment. Most Buyers will insist on seeing the judgment before they finalize their offer anyway.

To view step by step instructions on posting a judgment or portfolio for sale click here.

2. Receive Letter of Interest

The objective of the Letter of Interest (“LOI”) is to establish dialogue between Buyer and Seller. It is NOT a commitment by a Buyer to make an offer. Communications between Sellers and potential Buyers are very limited before a LOI is issued. After the LOI is issued by the Buyer, they are free to communicate as much as they like.

The LOI helps to protect Buyers while enabling the Seller to obtain the highest price possible for his/her Listing.

First, as negotiations between parties begin, we remind both sides as to what their respective responsibilities are and will be. For example: DO NOT SHARE CONTACT INFORMATION WITH THE OTHER PARTY! Secondly, a lot of information exchanged or researched by the Buyer may relate to private information about the Judgment Debtor. Unless the Buyer has a legitimate business interest, accessing those records creates legal risks for everybody. To help circumvent the problem, we require potential Buyers to issue the LOI and thereby establish their legitimate business interest. Thirdly, the LOI is designed to lock down the Listing so that buyers are aware of any edits which occur in the judgment listing during the negotiations. Buyers receive a notification when the judgment has been edited.

Finally, the LOI benefits the Seller too. Sellers may maintain an open LOI dialogue with as many Buyers as they like on any particular Listing. When the Seller receives a LOI, a notice goes out to all other potential Buyers who have an open LOI dialogue on that Listing. That notice informs all prior Buyers that the Seller has a new potential Buyer who has entered the LOI phase with the Seller and creates urgency for the all of the Buyers to act quickly and/or increase their offers so that they do not lose the Listing to another Buyer.

3. Receive Offers, Make Counter-Offers, and Accept Offers

During the Letter of Interest (“LOI”) phase Buyers and Sellers have the opportunity to discuss the judgment in detail. Potential Buyers will be conducting due diligence to determine whether they have any interest in the judgment and how large of an offer to make.

All messages are monitored by Judgment Marketplace. This is designed to ensure that each side abides by the representations that they make during the negotiation phase. No Buyer is compelled to make an offer, nor is any Seller compelled to accept an offer.

Once either side makes an offer or counteroffer that is accepted by the other side negotiations are completed.

4. Confirm Payment

You may receive payment through, personal check, money order, wire transfer or “other”. If payment is processed through, Judgment Marketplace’s final value fee of the greater amount of $10.00 or 5% (the “Final Value Fee” or “FVF”) is deducted automatically by

After payment has been made, you will receive confirmation of the payment from Upon receipt of payment confirmation, you will be obligated to file an originally executed and notarized assignment of judgment in Court. Then send the executed and filed document to the buyer.

If payment is made through any means besides, Judgment Marketplace will place the FVF charge on the credit card attached to your account.

5. Filing an Assignment in Court

The receipt of payment confirmation obligates the Seller to file an assignment of the judgment in Court.

You can purchase an assignment through Judgment Marketplace, retain an attorney and/or prepare your own. The assignment must be properly executed and signed before a notary. The assignment should be entered in the same Court that the judgment was entered.

We recommend that you create two identical assignments. One assignment will be filed in Court and become part of their file. The second assignment should be stamped by the Clerk of the Court and retained by you. You will need to forward a copy of the stamped assignment to the Buyer.

6. Buyer's Confirmation of Assignment of Judgment

Upon the Buyer receiving a copy of the assignment stamped by the Clerk of the Court, the Buyer confirms said receipt. That confirmation serves to authorize to send payment to the Seller.

7. Leave Feedback for Buyer

After payment has been received, you will have an opportunity to leave feedback about the Buyer. This enables other members of Judgment Marketplace to know how trustworthy the Buyer is, and will encourage or discourage others from wanting to deal with that individual in the future.