Trading for Judgments: An Exchange Where Sellers and Buyers of Judgments Can Transact

An interesting business model, but my instinct is that the vast majority of the judgments are not just"dogs" but the dogs no one else wanted (otherwise at a minimum an enterprising attorney could take it on a contingency). But again, much like Alternative Litigation Financing ("ALF"), for the party wishing to monetize the judgment, the play is on spreading the risk over a broad portfolio. The inference here therefore is: 1) buying judgments at very steep discounts (like 5-10% and under) and; 2) having a lot of them.

http://www.abajournal.com/magazine/article/in_the_judgment_trade_law_students_website_helps_bring_in_the_cash/