Attorney's office not willing to negotiate
Date: Wed, 10/05/2011 - 21:14
You should attend the next court hearing and inform them about y
You should attend the next court hearing and inform them about your financing hardship in the court. You should ask them to lower the settlement plan so that it becomes affordable for you to pay off the debt. If you can convince the lender about your financial hardship, then there are high chances that he will give you an affordable payment plan to pay off the debt.
What state do you live in? Are these debts even still within th
What state do you live in? Are these debts even still within the SOL?
I live in Missouri, our SOL is 5 years on CC debt and these both
I live in Missouri, our SOL is 5 years on CC debt and these both will be 4 years old in December
Quote:You should attend the next court hearing and inform them a
Quote:
You should attend the next court hearing and inform them about your financing hardship in the court. You should ask them to lower the settlement plan so that it becomes affordable for you to pay off the debt. If you can convince the lender about your financial hardship, then there are high chances that he will give you an affordable payment plan to pay off the debt. |
Savion..are you guessing at these answers?? Have you ever been in debt, gone to court...or even read anything on civil procedure?? Your answers are generally vague and border on being wrong most of the time. You dont seem to know the difference between a settlement or a payment plan.
To the poster.....You HAVE to attend court if you wish to avoid a default judgment. Take all supporting documentation to prove your income. The best case scenario is that you will be able to prove to the COURT that all parties would best be served by a payment plan. Hopefully they will issue a contingency judgement, allowing you to make payments without further legal action by the creditor. Provided you make your payments every month, the creditor cannot pursue wage garnishment or bank levy.
as always, soaplady nailed it !! go to court ! take at least one
as always, soaplady nailed it !! go to court ! take at least one month's worth of check stubs, or proof of income. also take a copy of any recurring bills you have (mortgage, car pay, etc that is the same every month). take a copy of your last few months utility bills, other cc bills you may have, medical bills, etc....take copies of bank statements etc to show you have little or no money in the bank... do a spreadsheet that has a list of all your bills and expenses, add them up, then have proof of your income.. show proof of what comes in and what goes out and if any is left.....
I concur with the advice given. A judgment alone does not nece
I concur with the advice given.
A judgment alone does not necessarily include a court order specifying how the payment of the debt must be executed. The plaintiff/creditor may additionally request an order for execution of the judgment (i.e., how, when, and how much you must pay) in addition to the judgment itself, so be prepared in court if the issue of court-ordered execution arises.
If execution of the judgment is not a part of their legal action, they can always come back to the court later and supplement the judgment by asking for a writ of execution, including such things as attachment of property, assets, and wages. So it is most likley to arise at some point. Be prepared.