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Negotiating a civil judgement

Date: Tue, 10/16/2007 - 17:31

Submitted by anonymous
on Tue, 10/16/2007 - 17:31

Posts: 202330 Credits: [Donate]

Total Replies: 1


A civil judgment was filed in 2002 by a collection agency on behalf of a bank. The amount of the judgment was originally for $2800. It currently is being reported to the credit bureaus at $3400. There has been no contact by the collection agency for over two years. Can a settlement of a judgment by negotiated down like other collection items? That is can I expect to get this settled with a lump sum pay off of >50 on the dollar?