FAQs About Selling Judgments for Cash
- Johnathan Evans
- 4 hours ago
- 2 min read
If you've won a lawsuit and have a judgment, you may have realized that collecting on the money owed to you can be a hassle. The purpose of this blog is to go through questions you may be facing. To simplify, there are two options:
#1) Continue navigating the legal system and collection process on your own, or
#2) Submit your judgment for a cash offer at firm like GuarantySolutions.com
Why not try to collect the judgment ourselves?
As Brian Evans from GuarantySolutions.com says, "you owe it to yourself to try to collect it."
Why sell a judgment at all?
This get down to a personal decision. When you go through this process of getting the judgment, it's a painful process for many people. You spend a lot of money, you have a lot of sleepless nights, it's just brutal. Then, you think about it, you want justice. But ultimately, when you hit that inflection point, where you're at a point where you just want be done, that's when you need to come talk to us. A lot of people have a life cycle that they have to go through to get to that point. Some people get to it earlier, some people get to it later. We're here for you whenever you reach that decision. We'd love to evaluate your judgment and make you a cash offer.
How much is my judgment worth?
It depends on a myriad of factors, discussed in the video below.
How fast can we get paid if we sell our judgment to GuarantySolutions.com?
Immediately. The money will be transferred to the account of your choice.
How many states do you operate in?
Nationwide.
What if the judgment is old?
When you send us your judgment, we'll do some diligence to see if it's still in statute. Every state has a different statute. Then, we'll be able to verify it it can be collected.
Is there any obligation to sell your judgment?
Absolutely not.
Do we need an attorney involved when selling a judgment for cash?
You do not. But we are happy to speak with your attorney if you have one.
What happens after we accept your offer?
Expect prompt payment.
Can we review the agreement first?
Absolutely.
Why does legal oversight matter when evaluating a judgment?
Answered by Dustin Horne, one of the founders of Guaranty Solutions LLC. He's a licensed attorney and CPA in the state of Arizona. The answer is because we want to be in compliance with all of the local federal and state laws and making sure that we're able to enforce and collect on the judgment.
What if payments were already made to the judgment?
Ultimately, we need to understand what payments have been made. For the debtor, we need to understand the exact amount that is owed. All those payments that have been previously made need to be factored into the balance.
How many years have you been in business?
17+.
Why trust Guaranty Solutions?
Excellent reputation.
Will you contact the debtor?
Not until after we've purchased the judgment from you.
If you've made it this far in the blog, consider sending us your judgment for a cash offer by clicking HERE.
Below is the story of how GuarantySolutions.com was founded.
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