Allen Iverson -- On the Right Side of a Financial Ruling

Allen Iverson's highly-publicized money troubles might be taking a turn for the better for a change -- because a judge has ruled the former NBA star is still entitled to a $4 million judgment ... if he can get his hands on it.

Iverson won a lawsuit back in 2010 against Martin Sepulveda over a house Iverson purchased in Georgia that had major construction defects ... so much so that Allen and his then-wife were forced to move out.

A.I. scored a $4 million judgment, but later in 2010 ... Sepulveda filed for bankruptcy, putting Iverson's big pay day in jeopardy.

But a federal court judge ruled last month in Iverson's favor, saying the debt could not be discharged and Iverson was still owed the giant chunk of change.