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Updated over 14 years ago on .

User Stats

286
Posts
255
Votes
Andy J.
  • Wholesaler
  • Colorado Springs, CO
255
Votes |
286
Posts

Buy a creditors rights to a judgement

Andy J.
  • Wholesaler
  • Colorado Springs, CO
Posted

I have a deal that may be closing in a few weeks and there is a lien against the property from an old judgement. I would like to see if I can purchase the rights to a judgement from the creditor. I have a 1 page transcript of judgement and all it says for the creditor is:

Bank One Delaware NA

I called the collection law firm and they won't sell me the rights, they won't even give me a contract phone number to Bank One Delaware NA. I could use a little help here on finding a way to purchase the rights (hopefully at a discount). I figured you short sale/foreclosure guys probably have some experience here. Heck, I'd even pay you to negotiate the purchase, I just don't have a lot of time right now.