Collecting on a debt that is owed to you can be an expensive and drawn-out process. You must pursue the debtor by letter and phone. Even when the court has awarded you a judgment, you still may have a limited amount of means to collect on the debt.
Rather than go weeks, months, or longer without this money, you can instead sell your real estate judgments in Denver for upfront cash. You can relinquish the judgment on the property in Denver to a third-party agency and walk away with most of the cash that you are owed in hand.
Getting Fair Value Out of Your Judgment
The judgment that the court awarded you could be worth thousands of dollars or more to you. You need this money for expenses like making out payroll, paying utilities, and buying inventory.
When you liquidate it, you can get most of the value out of it in upfront cash. The entity that you sell it to will take a fair commission off the sale yet still give you much of the amount that it is worth.
With this transaction, you hand off the collection to the new owner. You can move on with running your business and serving your clients.
You can find out more about selling a judgment on a property in Denver online. To learn about the process or how much that you can get for your judgments, contact Mayflower Judgments.
