Judgement?? Help!

[kaymom]

Is there a court date on your summons? If so, the amount needs to be taken care of before court date or there will be a judgement filed against you. I currently have arrangements with a law firm now and they assured me as long as I'm making my timely payments, they will not filed judgement. I told her what I could pay and which day of each month I could make the payment on, which is the last of the month. She informed me that they would mail me some papers out to sign agreeing to the arrangement. I signed them and mailed them back in. So far, no other actions have been taken against me.

[bear812c]

They have to file a law suit and win it to be able to report it as a judgement so if you set up poayment arrangements before they filethe suit  then you haven't been sued yet and therefore will not have a judgement place on your credit report, which is what I recommend. I have a judgement (which I have paid off). I didn't take that "warning letter"  very serious and sure enough I got sued, I don't recommend it! 

[gutero]

That's exactly what's happening with me....

I should have mentioned that.  I verbally agreed to a payment arrangment, then they sent me the paperwork for the stipulated judgment to be signed and notarized and returned.  Before I signed anything, I wanted to get some feedback.  It sounds like my best bet is to go through with it and cross my fingers that it won't show on my credit report.

[guiness56]

As long as you can show you made your payments on time and you have that letter from them, then I think even if they did file a suit you could have it vacated.

[kaymom]

---

@gutero wrote:

That's exactly what's happening with me....

I should have mentioned that.  I verbally agreed to a payment arrangment, then they sent me the paperwork for the stipulated judgment to be signed and notarized and returned.  Before I signed anything, I wanted to get some feedback.  It sounds like my best bet is to go through with it and cross my fingers that it won't show on my credit report.

---

I had to sign the agreement, but it wasn't required that I had it notized.