Records judge is for hanging (8)
I believe the answer is:
tapestry
'is for hanging' is the definition.
(I've seen this before)
'records judge' is the wordplay.
'records' becomes 'tapes' ('tape' can be a synonym of 'record').
'judge' becomes 'try' (trying is a kind of judging**).
'tapes'+'try'='TAPESTRY'
(Other definitions for tapestry that I've seen before include "Eg, arras, Gobelin" , "Ornamental textile" , "Heavy fabric wall-hanging" , "Fabric picture" , "Embroidered picture" .)