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Sell a court judgment in Virginia
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Short answer: In Virginia, 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: 2 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?
Judgments are enforceable for 20 years and can be extended (Va. Code § 8.01-251).
Source: https://law.lis.virginia.gov/vacode/title8.01/chapter4/section8.01-251/. Checked October 2026.
What is the post-judgment interest rate?
Va. Code § 6.2-302 sets the judgment rate at 6%.
Source: https://law.lis.virginia.gov/vacode/title6.2/chapter3/section6.2-302/. Checked October 2026.
How do you file an assignment of judgment?
Not verified. We did not find an Virginia 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?
Not verified. We did not confirm whether Virginia requires a license, registration or bond to buy or collect judgments. Check with the state financial regulator or counsel; federal FDCPA rules may also apply to consumer judgments.
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Can you sell a judgment in Virginia?
Generally yes: money judgments are usually assignable, and the buyer files an assignment with the court that entered the judgment. Confirm Virginia procedure and any licensing rules with counsel.
How long is a judgment valid in Virginia?
Judgments are enforceable for 20 years and can be extended (Va. Code § 8.01-251).
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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.