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Sell a court judgment in Rhode Island
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Short answer: In Rhode Island, as in most states, a money judgment can usually be sold by assigning it to a buyer. Before you sell, check how much enforceable life the judgment has left, how interest accrues, and how the assignment is recorded. Facts below are marked verified only where we checked an official source.
Verification status: 3 of 4 topics checked against an official source. Not legal advice; verify with counsel.
How long does a judgment last, and can it be renewed?
Actions on judgments: 20 years (R.I. Gen. Laws § 9-1-17).
Source: https://webserver.rilegislature.gov/Statutes/TITLE9/9-1/9-1-17.htm. Checked October 2026.
What is the post-judgment interest rate?
R.I. Gen. Laws § 9-21-10 sets 12%.
Source: https://webserver.rilegislature.gov/Statutes/TITLE9/9-21/9-21-10.htm. Checked October 2026.
How do you file an assignment of judgment?
Not verified. We did not find an Rhode Island statute or statewide court form that sets out how an assignment of judgment is filed. In practice, assignees commonly file a signed, notarized assignment of judgment with the clerk of the court that entered the judgment, but procedure varies by court. Confirm with that clerk or counsel.
Do judgment buyers and collectors need a license?
Debt collectors are licensed by the Department of Business Regulation (R.I. Gen. Laws § 19-14.9).
Source: https://webserver.rilegislature.gov/Statutes/TITLE19/19-14.9/INDEX.htm. Checked October 2026.
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Can you sell a judgment in Rhode Island?
Generally yes: money judgments are usually assignable, and the buyer files an assignment with the court that entered the judgment. Confirm Rhode Island procedure and any licensing rules with counsel.
How long is a judgment valid in Rhode Island?
Actions on judgments: 20 years (R.I. Gen. Laws § 9-1-17).
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Information only, not legal, tax or accounting advice. Verify with counsel before acting. Price figures are third-party estimates, not offers. Last reviewed: October 2026.