A judgment is only a piece of paper. How much money you receive from a judgment is a different story. Go to www.JudgmentMarketplace.com and find out
New York, NY (PRWEB) April 7, 2011
Civil Judgments... Love them or hate them, most of us have dealt with one at some point in our life. There are thousands of judgments awarded daily by courts in the United States. The main question is how many of them are satisfied/collected? Less than 20 percent! What does this mean for the billions of dollars in judgments floating around the courts? Nothing, nothing at all.
Why are so many judgments unsatisfied in the court system? Mainly because the average person does not know how to levy a bank account or garnish wages or seize an asset. With work, family and other daily obligations, we don't have time to go digging into a debtors financial records.
Judgment Marketplace was founded for one purpose; to create a venue where judgment buyers and sellers could meet securely, free of charge. Whether you have an $800 judgment or a portfolio including 2,000 separate judgments - Judgment Marketplace will suit your needs.
How does Judgment Marketplace work? Judgment creditors list their judgment for sale/trade for free and thousands of debt/judgment buyers view the judgment, and either buy it or submit offers.
Only a few weeks after launching JudgmentMarketplace.com:
1) Over 150 nationwide debt/judgment buyers have joined the site.
2) Dozens of judgments were listed ranging from $250 to $3,100,000.
3) Received notification that an international collection agency will list approximately 3,000 judgments for sale within the next two weeks.
From the results we have seen, Judgment Marketplace looks forward to a bright future along with a permanent place in the legal industry.
Shawn Porat, CEO and Joseph Nierman, President of Judgment Marketplace look forward to expanding Judgment Marketplace internationally in the near future.