Selling small claims judgments
Date: Fri, 03/26/2010 - 09:44
I found the info on this site very interesting and useful. My question is this: I have just been "given" a portfolio of over $100k in small claims judgments from vehicle loans (I'm in Iowa) as my "golden parachute" when the auto dealer I worked for retired and closed the doors. I'm not interested in working these judgments, just selling them as a block for someone else to generate some settlement income for myself. Does anyone know of a company that buys these types of debt outright?
You are at the wrong board my friend. You will need to google de
You are at the wrong board my friend. You will need to google debt buyers forums as this is a forum for debtors trying to get out of debt. You wont get much for selling them.
Try a local small collection agency or collection law firm. They will probably charge you 50% but it is more than you will make selling the portfolio.
