received stipulation of settlement agreement, need help.
Date: Mon, 06/23/2008 - 10:17
"plaintiff will proceeed with entry of judgement for full amount, however the sum that defendant (me) agreed to pay upon shall be accepted in full satisfaction of judgement if paid in accordance with the terms of this stipulation."
My terms were $150 every month. I just wanted to ask here before I sign and send this back. I just want this over with.
Also, at the top it says: "Defendant understands that a law s
Also, at the top it says:
"Defendant understands that a law suit will not commence until the filing and agree to accept the summons and complaint if nt already served"
I do not understand that. I have filed my answer already.
asnwer ws cant confim or deny. I just need to know what that sta
asnwer ws cant confim or deny. I just need to know what that statement means
Has anyone ever signed an agreement like this, or can you tell m
Has anyone ever signed an agreement like this, or can you tell me what that means, this was sent after I answered my summons
"Defendant understands that a law suit will not commence until t
"Defendant understands that a law suit will not commence until the filing and agree to accept the summons and complaint if nt already served"
It seems to me like they are trying to make it LOOK like an official lawsuit with the terms they are using such as plaintiff and defendant. If you have yet to get a summons, it looks like they are trying to scare you with law jargon.
I'm not sure about the part at the top, but it sounds like the o
I'm not sure about the part at the top, but it sounds like the other part is saying that they will go ahead and enter a judgment for the full amount. If you make the agreed upon payments, the judgment will be satisfied, and if you don't, then they will pick up where they left off. Either way, it sounds like you are agreeing to let them enter a judgment against you
I'm not an expert, so hopefully someone who is will advise you further!
Don't sign the agreement with either of those sentences. The fi
Don't sign the agreement with either of those sentences. The first one basically is saying that you are accepting service of the suit. Second is basically setting you up so that they can claim you breeched the agreement. Also it will remain on your credit report which is another bad mark.
Have you had them validate the debt to prove that they are legally able to collect this debt? Because by signing this document you are giving them the right even if they don't have it.