Judgment buyers prefer to buy judgments that look easy to recover. An ideal judgment to buy is one that is against a wealthy person or company with no other judgments or debts; owning lots of assets such as properties, expensive cars, boats, or planes, with no prior loans or liens on them. Unfortunately, few judgment debtor situations are like that.
Before you buy a judgment, you should learn a lot about the judgment debtor's situation, and verify they have not filed for bankruptcy…
Added by Mark Shapiro on July 21, 2012 at 12:29am — No Comments
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