Buying judgments refers to the practice of acquiring legal judgments, typically involving outstanding debts or monetary awards, that have not been satisfied by the debtor. These judgments can be purchased at a discount from the original creditor, often through specialized companies or marketplaces.
This practice presents both advantages and considerations. On the one hand, purchasing judgments can potentially yield significant returns if the debtor eventually pays the debt. On the other hand, there are risks involved, as the debtor may not have the means to fulfill the judgment, and the collection process can be complex and time-consuming.
