Do you disagree that you owe the debt? If so, then try to appeal and prove you don't owe it.
If you do owe it, and your trying to pay it, that arrangement is what the program your in (or company your working with) should be doing/handling with the creditor...who now has or wants a judgment. The judgment doesn't change the debt.
That this is happening may cause you to question what the program your in is actually doing. have them prove to you they have made arrangements with your creditors and find out why this one doesn't find it adequate... The above may be different if the program is part of a formal Chap. 13 bankruptcy. However, the result is the same...you'll pay the debt...judgment or not.
Yes you can always try and see if a creditor will negotiate the debt. When they want the money vad enough they always settle.
You can pay the judgement, which will pay the creditor. Or, you can request to pay the creditor directly and negotiate for the judgement to be vacated (removed).
Yes, if the creditor obtains a judgment lien in court.Yes, if the creditor obtains a judgment lien in court.Yes, if the creditor obtains a judgment lien in court.Yes, if the creditor obtains a judgment lien in court.
Your options are somewhat limited. The judgment is a legal determination that you owe the money. You can (1) simply contact the judgment creditor and/or their attorney and tender payment of the judgment; (2) negotiate a payment plan or reduced settlement; or (3) file for bankruptcy.
Maybe, you would have to negotiate with them and see if they are willing to accept a different offer; if they are not interested then the decision stands.
What may happen is the court will give the "Creditor" the ruling to Garnish Wages. Its a good idea to WRITE a letter to the creditor or Collection agency and see if you can reduce what you owe. You can negotiate a lower payment. Make sure you can afford that payment. What may happen is the court will give the "Creditor" the ruling to Garnish Wages. Its a good idea to WRITE a letter to the creditor or Collection agency and see if you can reduce what you owe. You can negotiate a lower payment. Make sure you can afford that payment.
To legally get around a judgment, you can try to negotiate a settlement with the creditor, file for bankruptcy, or appeal the judgment in court. It is important to seek legal advice to understand your options and the potential consequences of each.
The party involved can try to negotiate a settlement, but it's unlikely if a judgment has been awarded. Once a judgment is in place the creditor has several options for executing it for payment of funds owed. If the debtor is gainfully employed the creditor will probably enforce the judgment as a wage garnishment and collect the entire balance of the debt.
Sometimes. Many creditors will allow you to charge off an account, which is to pay a sum of money less than the debt. It's not good for your credit score, but it will satisfy and close out the debt.AnswerMore than likely if a creditor has a judgment out for you, you have lost your chance to negotiate. You should have negotiated before it was taken to court you may have had a better opportunity to settle the debt. Now you have the courts involved and they will ensure the fact that the creditor gets theirs money. How old is the debt?A little clarification, once the judgment has been entered the court will not assist the judgment creditor in collecting monies owed.It is a misconception that not paying a judgment is an act of contempt of a court order, it is not and the consumer cannot be held accountable to the court for the non payment of such.Some creditors will negotiate on a judgment if they believe that there is no way to excecute it in a timely and uncomplicated way.If however, the creditor can execute the judgment as a wage garnishment or bank account levy it is highly unlikely they would be willing to negotiate a settlement.
Make your payment to the clerk of courts office in the county your judgment was entered in.
The debtor would certainly be notified their account is delinquent. Also, the debtor knows when they haven't been paying their bills. The creditor must sue in court and win a judgment. If it wins the court will issue a judgment lien that can be recorded in the land records. The debtor will be notified of the lawsuit and must appear at the hearing or the creditor will win by default. It is better to negotiate a payment plan, if possible.
Yes, in most cases such such action is possible by a judgment creditor.