Judgement principal is about 6500 and the attorney fees were approx 2500 and it is accumulating 18% intrest. I have 2 main questions. The first How is that interest calculated? If i pay 200 a month will it ever get paid? My next question is what would a reasonable payment plan be. How should I approach this sunject with the attorney. should I offer a grand down to start a payment plan or just opt for the 200 month payment and bring my first payment. I dont wanna get shot down or look too stupid in there. I plan on paying this off within a year or 2 through my tax credits im getting this year but I dont really want to tell them that in case i dont get them. It was a business account but the sued me personally and I missed court so I am trying to keep them from selling my vehicles and other things i have. Its my understanding that they cant pursue if we make a payment plan.

this8384

I don't think his location really matters; he's been consistently wrong on every legal thread he posts on.

But that might just be my assumption

excon

Hello b:

Absolutely WRONG!!

If you have CASH, however, you can negotiate the debt. If you're good, you can probably get away with paying $.25 on the dollar.

excon