The only two outcomes are the new buyer defaults in which case you are back to square one with your ruined credit, or the buyer does as he says and the sellers credit is saved and actually improves as these payments are continually reported to the credit bureaus. 

After a certain amount of time, they report the individual to the credit bureaus.

In this event, Seller understands that if the Mortgage(s) is/are not paid in full, the Lender can file a Notice of Default on the property and report such to the credit bureaus, affecting the Seller’s Credit Report.

You don't even need a judgment according to these guys (I've never used one myself), and they have an option where you can just pay a flat fee of less than $20 for one collection letter and they then report the debt to all three bureaus. 

They report to the business credit bureaus for that card to start up your business credit score.

They'll attempt to collect the debt, but the best part is (in my opinion) they'll report the debt to all three credit bureaus. 

For the relatively low cost ($12.95) to have the debt reported to all three credit bureaus, seems like a no-brainer if you don't have other collection methods available to you (i.e. wage garnishment). 

Aside from providing the basics (ie. listing tool to get the property published to 10+ major sites, scheduling tool to schedule viewings, tenant screening with comprehensive applications -- pulled reports from TransUnion, which include nationwide criminal background checks + credit checks + eviction history, digital lease creation tool, rent collection tool, and maintenance tracking tool), some tools also make it so that your tenants have additional capabilities which makes it an easier sell on your end when getting them to transition over (ie. their ability to report on-time rent payments to the credit bureaus; this can create an added incentive for making sure they pay that rent on time).

Reporting directly to the bureaus is onerous.