A strategic partnership bringing the judgment sector to the public
(PRWEB) November 22, 2011
JudgmentMarketplace.com, LLC (JM) the premier site for buying, selling or trading judgments added a new feature designed to facilitate the public’s transition towards judgment investment- training its members to execute judgments. JM’s new strategic partner Judgment Recovery Institute (JRI), an online program designed to train laymen how to execute judgments will be linked directly from JM’s marketplace forum.
JM anticipates that their website will introduce thousands of people to the new opportunity of judgment execution. “When you purchase a judgment you have three options: i) execute the judgment yourself; ii) get assistance from a third party in executing the judgment; or iii) sell the judgment to a third party,” said JM CEO Shawn Porat. “A large number of them will be motivated to undertake judgment execution themselves”, Porat added.
That should create a boon for established execution training programs like JRI.
“Judgment execution is not a complicated process to learn, but without training, executioners are more likely to step on a legal landmine than to obtain satisfaction on a judgment,” said JM President Joseph Nierman. “Joining forces with Judgment Recovery Institute is another step toward fulfilling our goal of providing answers for any possible need a judgment investor may have” he added.
The partnership should benefit JRI’s students as well JM’s members. "It's a perfect fit and an exciting addition inside our online virtual campus environment" says Petra Alluis, CEO of the JRI. The merger enables JRI’s students to explore judgment investment for themselves rather than just servicing third-party clients or executing upon a lone judgment they obtained in Court. "Judgment Marketplace will offer our students an opportunity to build their inventory fast and increase their profit margin with outright purchased debt in an convenient online marketplace platform," explains Alluis.